Re: Russia: 'Era of cheap fuel is over'


"mogga" <di@xxxxxxxxxxxxxxxxxxxxx> wrote in message
news:nu6d82lsr6de39qn9isdmisa24q2jpfqse@xxxxxxxxxx
On Tue, 6 Jun 2006 21:50:21 +0100, John Beardmore
<wookie@xxxxxxxxxxxxxxxxxx> wrote:

In message <dvha829ssi798jcf898nigtpkjfsijv7nr@xxxxxxx>, mogga
<di@xxxxxxxxxxxxxxxxxxxxx> writes

Is this going to be incentive enough for people to use less fuel and
look at different ways of generating it?

No, but it'll contribute...

Just reading about in India -
http://news.bbc.co.uk/2/hi/south_asia/5054754.stm

According to government estimates, state-run companies would have lost
$16bn in the current fiscal year without any price rises.
And they only put it up by 4 rupees

1.00 INR
India Rupees = 0.0217701 USD
United States Dollars

So just how much fuel are they using in India? Or rather how much
would fuel have to cost in india for the companies to break even
selling it?


Anyone thought about using coal again??

Rob


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