Oil rpices would continue to shoot up till Jan 2009 after which hopefully the new democrats govt in U.S comes in. It should order immediate pullout from Iraq and make peace with Iran. This would help cool the sentiments of the oil producing countries. OPEC needs to play a larger role in liasoning with oil producing nations. At the same time global level "herculean" initiatives need to be taken to make people aware of saving fuel.
RE:New Democrats Govt in US is the answer
by Rishi Neema on May 30, 2008 11:51 AM Permalink
Dear All,
Everyone of you has given some interesting suggestions which can be implemented , but practically implication of this suggestions would be like discrimination of richer and poorer . Where as our country being only one nation in entire globe who talks about equal right.
Hence I dont think we should go with this kind of suggestion.
Rather Rationing of Oil can be done same like Kerosine.
Depending on the family size quantity of petrol should be decided. Same like distribution of kerosine in India through Rationing shops.
At the same time any family requiring extra petrol can get the same on premiums.
i.e. If petrol is available for say 55 Rs. / Ltr. and the quantity for a family of four people is say 20 Ltrs. / Month If the family requires say 25 Ltrs. / month which means 5 ltrs. extra then the balance 5 would be available on premiums may be @100 rs./ltr.
This way country would save ample of foreign money , $ reserves would increase and would generate good amount of revenue for the nation.
Pl. comment on same if u do not agree with the same.
Thanks and Regards Rishi Kant Neema 09755097229 (M)
