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World oil woes

JIMMY12345

Active Member
Mr Modi's new Mercedes Maybech (incidentally great choice) glides smoothly through New Delhi's streets.He might ponder Germany and Europe is in crisis. Governments subside oil and gas for it to increase in ever increasing circles.India and China rely on up to 10% of GDP on tourism.This is 8% of labour and lots of votes.China rely's on at least 15% of GDP exports to the West to keep its citizens cheerful and stop them rebelling.
If oil prices increase and China and India continue to prop up/ buy Russian oil.One possible scenario is they will suffer self inflicted wounds later.India can now happily lose aid.However Western companies will look to Africa with for cheaper manufacturing and people with excellent English.Even Europe's middle class are now struggling.

What is your analysis of the current worldwide oil/gas/energy/inflation crisis?
 

sun rise

The world is on fire
Premium Member

What is your analysis of the current worldwide oil/gas/energy/inflation crisis?

My view is that is too narrow a question. Because the Ukraine war, drought seriously impacting production in China, drought and floods impacting food production etc are all part of the mix influencing each other.
 

Notthedarkweb

Indian phil, German idealism, Rawls
Considering that the median person who uses an automobile tends to be richer than most of the world on a global scale, that automobiles are one of the most significant contributors to climate change, and any increase in the price of gas is a natural carbon tax that disincentivizes consumption of climate-change producing gas, gas prices increasing is good.
 

JIMMY12345

Active Member
Considering that the median person who uses an automobile tends to be richer than most of the world on a global scale, that automobiles are one of the most significant contributors to climate change, and any increase in the price of gas is a natural carbon tax that disincentivizes consumption of climate-change producing gas, gas prices increasing is good.
Considering that the median person who uses an automobile tends to be richer than most of the world on a global scale, that automobiles are one of the most significant contributors to climate change, and any increase in the price of gas is a natural carbon tax that disincentivizes consumption of climate-change producing gas, gas prices increasing is good.
Yep. Unfortunately:
1- As Liberals we cannot dictate to people with families who need their cars to do the work commute and family food shop/
2- We cannot tell the rich or poor world to stop car production.They need the jobs to feed the kids.
Meanwhile some people/firms are boycotting the few airlines still flying in/out of Russia.
 

Notthedarkweb

Indian phil, German idealism, Rawls
Yep. Unfortunately:
1- As Liberals we cannot dictate to people with families who need their cars to do the work commute and family food shop/
2- We cannot tell the rich or poor world to stop car production.They need the jobs to feed the kids.
Meanwhile some people/firms are boycotting the few airlines still flying in/out of Russia.
Yeah thats why public transit and pro-urbanist development is necessary.
 
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