Wednesday, October 25, 2006

of oil, infrastructure

I feel extremely annoyed when I see ppl who are living on the bus routes taking up cars to work. Annoyed because of the fact that we are on the verge of huge oil depletion.

OPEC came out with another announcement that they will be cutting oil production due to increasing inventories and $20 price drop from $78 high of the mid-July time period. I still remember filling up my tank at 3.19. Bush, the obvious adversary to this move by OPEC, has made some strong statements that ...this will "wreck economies and there will be lesser demand for their products" Assuming that Mr Bush has superior information and intelligence at this disposal, one needs to check out what one needs to do.

On one hand, the leader mentions this and on the other hand, the followers in squirrel hill still take up cars for going from 1 stop to the next. Such a shame! Remedies should start right from home and no by bullying others. It may work in some parts of the world but not against OPEC much. OPEC nations are nations which do not have US in their good books. Be it Chavez, be it Saudi, be it Iran....Bush is not in their good books and his statements will give them a distinct saddistic pleasure !

I am not frustrated...I am just annoyed. Bush must try revolutionizing the mindset of ppl if his party comes in power again. This can be done by providing the right infrastructure for that type of growth. US infrastructure for public transport is horrible in general and due to such a high per capita income, there is a high probability of ppl spending more and having customized transport in form of their own car ... rather than using public transport.

Now some thoughts for myself to ponder...before I resign ........Should I be in middle east for the next 2 decades? Will they be relatively insulated to the downturn?

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