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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (252387)12/26/2007 7:08:32 PM
From: Wharf Rat  Read Replies (2) | Respond to of 281500
 
"As always, the economically weakest will be hurt the most. I have no idea how some third world countries will deal with the cost of oil."

I do; coping poorly already... this was back in July. More countries are having problems today.

Asia and Middle East

Nepal Gasoline and diesel
Pakistan Natural gas and electricity
Iraq Gasoline
Iran Gasoline
Bangladesh Electricity
Sri Lanka Gasoline
Philipines Electricity
China Electricity
India Electricity
Viet Nam Electricity

Africa

Uganda Electricity
Zimbabwe Gasoline and diesel
Ghana Electricity
Nigeria Gasoline
Senegal Electricity
Liberia Electricity
Kenya Gasoline and diesel
Gambia Gasoline and diesel

Americas

Argentina Natural gas and electricity Diesel
Nicaragua Electricity
Chile Natural gas and electricity
Costa Rica Electricity
Dominican Republic Electricity

theoildrum.com



To: Bearcatbob who wrote (252387)12/26/2007 10:31:57 PM
From: Lou Weed  Read Replies (2) | Respond to of 281500
 
<<I have no idea how some third world countries will deal with the cost of oil.>>

What's your opinion on this ethanol solution that's been pushed right now? From what I read, it takes something like 4 or 5 units of energy to produce enough ethanol from corn for the fuel to release 1 unit of energy in return. However in comparison, ethanol produced from sugar gains a nett positive gain in energy....hence the reason for Brazil's remarkable success in pursuing ethanol from a sugar base.

If this is indeed so, why would we looking for such a backward solution?