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Oil in the world
by Fried Yakov on May 27, 2008 12:46 AM   Permalink | Hide replies

India and the world needs to develop alternative sources of energy fast, in fact very fast, to escape the oil crisis. It was, in part, the fillip given to development of alternative sources of energy by the Jimmy Carter led US administration in the late 70's that did much to put a pin into the inflated egos of the oil lobby, and led to the cheap oil (internationally) of the 80's. India is well placed to develop wind, solar, and tidal energy, and if the government gives an incentive for the development and sale of electric cars, along with tax breaks for owning them, it would go a long way to prevent our not so high forex reserves from being wasted so extravagantly on oil. With the cheap oil of the 80's, the Reagan and subsequent US administrations scrapped the alternative energy measures initiated by Carter, and consequently the US has to face the spectre of high oil prices today. With the US Congress lashing out at the oil companies in the US, they have now started circulating the idea of 'Brakken oil' through the back door, suggesting that the price of oil can then be brought down to $16 a barrel. This is just another attempt by oil majors around the world to delay the introduction of alternative technologies for use by the masses, so that they can profit from huge oil prices. It is significant to note that many enlightened quarters believe that part of the petro dollars we pay get funnelled into financing terrorism against us. What can we hope for unless we stop financing

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  RE:Oil in the world
by Rishi Neema on May 30, 2008 11:53 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)

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  RE:Oil in the world
by Fried Yakov on May 27, 2008 12:49 AM   Permalink
(continued from above) terror (indirectly) against ourselves. Electric and hybrid cars are an option. Ofcourse we need to develop renewable sources for electricity too. The Swiss are working on a solar powered aeroplane capable of carrying 300 passengers, while Ireland has built the world's largest tidal turbine.

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