How to change the passage of time in Oblivion

If Oblivion's time is passing too fast for your taste, you can change it!

(1) Press '~' in your keyboard. That will open the console mode.
(2) Type 'set timescale to ' . The default number is '30'. '1' is real time. For example, if you want time to move half as fast as the default, type 'set timescale to 15'.
(3) Close the console model by pressing '~'.