I would like to say in the initial stage itself India should keep away from the agreement. Now we are really trapped. We are not in a position to say NO to this agreement. If we say NO we may get isolated from developed nations. At any cost a country like US will never give such an opportunity unless and until they get a ver big monoploy advantage/to bring others under their feet. India will become a strong nations by 2010, even US says. Why? US is mostly controlled by corporates included is OIL giants. India is also a place where southside attched to the Indian Ocdean seashore where OIL enrichment is there at high level.This is known to US very well. And INDIA has already an agreement with US saying that for oil and other resources India has to depend US.And this agreement is going to finish by 2010. After that India can explore their own oil from Indian Ocean THUS INDIA WILL BECOME A RICH COUNTRY. To avoid this in the name of Atomic Energy where HYDE ACT (will ban exploring oil,natural resources indias own facility) strictly makes India to depend on US, US is trying to trap Inia for another 40 years. That's the reason US is attacking Iran and opposed India to sign for Gas supply from Iran.
At any cost we must keep away from signing with US. or Govt should avoid the term of depending US for OIL.