This is a test: Reepal Kapadia

Reepal Kapadia is a friend of mine and I am trying this to test the power of google and also the rank of my blog in the webspace. Kudos to Google if it manages to find it

I started to write this as a comment to the one Mike posted on the Blog but gradually, thought to post it separately and have some discussions ... it starts with the Iraq war but goes beyond the circumstances....

I have always thought all wars are outcomes of economic problems and the cure somehow becomes is thought to be a war. World War I and II are due to the that very fact or historically Battle of Troy or the American Independence War was also due to the same fact.

It is oil which is not the problem, but it is the associated thought process (read paranoia) in which it is assumed that high oil prices will stifle growth in US. Well, if u see India traditionally had very high oil prices, Europe too has very high oil prices and yet they do not ask for war, they are equally at a precarious situation. It is only in North America where oil is cheap (rather kept artifically cheap). Yet Europe has better or same standard of living as US.

The problem is of having cheap oil. US too has vast deposits of oil, but obtaining it is costly. They have just thought that having Iraq's oil supply will be enough, but it is not that way. Coz US relies on other nations for its economy. There is no manufacturing in US so US will have to share oil with those countries with whom it needs to maintain relationships.

So on a political and economical level there will be checks and balances and an equilibrium maintained.

But what are the actual effects of this cheap oil ?

1. Since oil is cheap, wastage is natural. So u make gas guzzlers instead of making cars / vehicles which are efficient ...
2. One stops using public transport coz u feel that u can afford buying a car and paying for the fuel. Did u think the same when driving a car in India ... U always thought abt how much u may have shell out with this ride?
3. But mostly " Necessity is the mother of invention" If u do not face a scarcity or high prices u are not going to put ur efforts in inventing an alternative fuel.

As someone said " Don't think abt short term profit but long term loss " lets hope .... pple soon realize it ...