It’s always an unwanted feeling to fuel our vehicles on a day when the petrol & diesel prices get hiked. But, not so far is the day when we are going to buy a liter petrol for just Rs 30. Yes, according to an American futurist named Tony Seba, Indian citizens could purchase petrol for 30 Rs a liter in next 5 years and what aspects are going to help it. Read on.

Tony Seba, a serial Valley entrepreneur and an instructor at Stanford’s Continuing Studies Program, predicts that several external factors will eventually lead to dip in fuel prices. The coming generation’s tendency for self-driving & fuel-efficient automobiles will impact the barrel price of oil globally. However, he predicts that people wouldn’t stop using old-style cars, amid the growing penchant for electric and self-driving cars.

In one line, Tony sums up – ‘By 2030, 95% of people won’t own private cars which would wipe off automobile industry.’  Plus, he mentions the bump expected from taxi aggregators like Uber and OLA. It means, transportation is going become cheaper than ever.

Aware of these future developments, many Indian companies would drive themselves towards manufacturing self-driving cars.