Tuesday, February 09, 2010

Oil izzzz wellll

Global warming or no global warming, recession or no recession, oil prices will go up up up. Superb column by SS Aiyar in TOI. Do read this piece...

How the world changes? Nearly a year ago, oil at 200 dollars per barrel was supposed to be the prediction made by those in Goldman Sachs. Then came the recession, prices crashed and happy days were here again. But now it looks like oil prices may be back up again and there is no recession. We do live in an interesting world.

This blog is a hopeful supporter of an oil free world (both in our stomachs and in our vehicles) within our lifetimes.

You may be rich, you may be poor, but unless we move away from oil, future is andhera, blackboard! To paraphrase an old ad on television...

And like the proverbial frog in boiling water, we await...

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