Tuesday, March 21, 2023

Well, This Is Cool -- India Aligning With The West -- March 21, 2023

Updates

Later, 4:38 p.m. CT a reader asks -- will the new Indian refineries be optimized for light oil for for heavy oil? My reply:

India turning to US / western drillers only makes sense.
  • Russia is unreliable and has limited growth capacity.
  • China is even less reliable, has limited growth capacity, and will probably need any oil it has for its down domestic requirements.
  • Mideast oil tends to be heavier, and India needs gasoline.

Original Post

Link here.

For background, one may want to click on demographics India.

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