DreamWeaver
13th May 2006, 01:59 PM
Ek baat mhaari samjh me kona aave:
India's oil consumption is 2.5Billion B/D
China's is 6.5Billion B/D
But in dono ne mil ke 5 saal me saala oil ka daam 3 times badha diya. That just doesn't make sense to me cos US alone consumes more than 20Billion B/D and US consumption has been rising @ 4-5% each year.
A commodity which sold at 25$/B 5 yrs ago and sells at 75$/B today without equivalent rises in production/distribution costs, so where does all this 3x money go?? To the exporting countries?? So maybe we should start investing in Saudi Riyal :tongue:
btw, why am I into all this on a saturday evening?? cos I got a 1.3L car thinking that it would be fuel efficient but now I've found that its lack of pickup may cause grief during a driving test !! :blink:
Just wondering what others think about this tel ka khel hence this thread.
anyway :toast: :toast: :toast:
India's oil consumption is 2.5Billion B/D
China's is 6.5Billion B/D
But in dono ne mil ke 5 saal me saala oil ka daam 3 times badha diya. That just doesn't make sense to me cos US alone consumes more than 20Billion B/D and US consumption has been rising @ 4-5% each year.
A commodity which sold at 25$/B 5 yrs ago and sells at 75$/B today without equivalent rises in production/distribution costs, so where does all this 3x money go?? To the exporting countries?? So maybe we should start investing in Saudi Riyal :tongue:
btw, why am I into all this on a saturday evening?? cos I got a 1.3L car thinking that it would be fuel efficient but now I've found that its lack of pickup may cause grief during a driving test !! :blink:
Just wondering what others think about this tel ka khel hence this thread.
anyway :toast: :toast: :toast: