Oil will always play trhe game in India since Indians make more money on kick backs and hawala deals as long as India imports through its nose..
Oil is there in India in various forms...we all know India runs on Diesel and its easily got through Jatropha cultivation..free in India..which will also bring jobs to millions nation wide..but who is intrested..how about Molasis...millions of tons go wasted.,.how about Castor oil...how about Hemp!!... no investment required,,,no pollution..no Forex exchange needed...but still India wants to buy from arabia..why????
India will never allow even foreign companies to explore for oil and gas..even if they allow we all know how much trouble Indian govt will create..the story of Cairn is sufficient to tell us how serious the Govt is in this..they literally cannot even dig or explore without some babus or netas being on their board..
