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Politics : Rat's Nest - Chronicles of Collapse

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To: Wharf Rat who wrote (8018)	7/2/2008 10:54:06 AM
From: Wharf Rat	Read Replies (1) of 24226

Brown Bear requested that this be posted on the July 2 Drumbeat --------------- I am sending this from Chennai, a large city in Southern India. There have been widespread fuel shortages all over Southern India. Traffic was snarled all over the city as panicky motorists tried to look for fuel. zeenews.com What has happened is that fuel demand has grown so rapidly in recent years that there is very little left as an emergency buffer. In this case, the shortage was caused by the late arrival of a coastal oil tanker from the west coast. It turns out that most of the big oil refineries in India are located on the west coast. Refined products are distributed by coastal tankers. Peak oil is now the number one topic of discussion here in the city. The effects of the shortage have been swift. Food prices have risen swiftly and many school were forced to shut down since they had no diesel for their buses. Many IT outsourcing firms were affected too since they have large bus fleets to pick up and drop off their workers.

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