The dangers of the race for energy

Oil and gas aren’t our future but the way we use them will certainly play a major role in determining what our future would be like. Our over dependence on oil and gas as fuels could ultimately play a catastrophic part in decline of the peace around the world.

Recent studies show that there would be a major shortage of oil and the prices could rise to agonisingly high levels. Even the oil producing companies acknowledge that the world will need to develop all the supplement sources of energy it can, to meet the soaring demand. And we should do that not only for energy security but for our own security as well.
The major source of energy, driving hundreds of economies and billions of lives should not be concentrated in the hands of a few. That applies especially when many nations with huge oil reserves may have suspicious objectives to fulfill national interests. The world should act now to reduce the monopoly of oil producing nations so that no nation could get an unfair leverage over the rate at which world’s economies grow in the future.

We should try to move towards energy sources which are available equally to all. Adopting solar energy, wind energy or hydro energy would prevent nations from monopolising the energy flow.

MeriNews