Tuesday, 18 December 2012

Petrol, Matters.

This is to consolidate and capture my writings on Petrol and Economic matters in one space.
The modern economy is founded on the availability of fuel. In fact, not just modern economy, our own sustenance is founded  on the availability of fuel.

Think of this, why are the major cities near water sources - because water is a fuel for us, for animals, for the food we eat, and grow. Water was our fuel in the older days for many of the work we did, in fact nothing much has changed - most industries - even the hi-tech ones require water as a pre-requisite. In time, our modes of transport have changed - en masse, or at least in the major sense it has shifted entirely into moving as huge masses, and into moving huge masses. Personal transport has followed. And this shift has brought us our own new shift in the fuels we consume.

As long as our means of transportation or *major* means of transportration was animals, the fuel continued to be mostly general natural produce, fodder, animal (waste), wood etc., However post the advent of need for newer methods of producing heat, as well as the discovery of Petroleum reserves and invention of the Steam engine and Internal Combustion Engine, we have since moved over to a form of transportation where fuel is different to what we consume.
Our own natural fuel is now different from the fuel we use for transportation.

In a lot of ways this significant shift is both obvious and oblivious.  Its obvious, we dont see bullock carts, its obvious we arent -mostly-seated on horses (barring, say the references to the white knight). What is not obvious is that the amount of fuel we used to use before, and the amount of equivalent fuel we would need further on. what is also oblivious is how the fuel consumption and our means of transport are intertwined with the major economic well-being.

Most of our productivity, what we produce is dependent on the fuel we consume now - that is not rocket science. What is instead made to be rocket-science, at least in India is the dependence on fuel and how using more fuel can indeed boost productivity, boost the economy make more jobs available.

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