Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site amdahl.UUCP Path: utzoo!watmath!clyde!burl!ulysses!allegra!oliveb!hplabs!amdahl!dss00 From: dss00@amdahl.UUCP (dss00) Newsgroups: net.nlang.india Subject: Re: Pleasant News about Our Economy (Oil) Message-ID: <1756@amdahl.UUCP> Date: Tue, 9-Jul-85 13:31:14 EDT Article-I.D.: amdahl.1756 Posted: Tue Jul 9 13:31:14 1985 Date-Received: Sat, 13-Jul-85 08:41:07 EDT References: <240@aero.ARPA> <1985@ut-ngp.UTEXAS> Distribution: net Organization: ..{ihnp4, hplabs}!amdahl!dss00 Lines: 17 > From: sivan@aero.ARPA (Sivan Mahadevan ) Message-ID: <240@aero.ARPA> > > I remember reading a while back that the largest exported item from > > India is OIL. OIL!! The future for our economy looks good!! > There is nothing new about India exporting oil. But there is more to it than that. India continues to be a *NET* importer of oil. The oil being exported is mostly from the latest finds off BOMBAY HIGH and other recent discoveries. It is exported because the refineries in India are not suitable for refining the oil found in the recent past. India imports oil from the middle east for its own refineries. -- Deepak S. Sabnis ...!{ihnp4,hplabs,amd,nsc}!amdahl!dss00 (408) 746-6058 (Usual Disclaimer Here)