I concur with the writer’s points of view in his article “ >Gulf stability and the oil supply scenario ” (Nov.17). In these times, when the Gulf has been left in a quandary by the U.S. and the GCC is also desperately looking for the new partners to rely on, it is most appropriate if India expands its role and instils confidence among countries in the region.
Vishalakshi Malan,
New Delhi
India is likely to experience changes in its geopolitical trajectory. With the dream of “Make in India” and “100 smart cities,” India will be in dire need of energy. Dependence on conventional energy sources has to be reduced with increased investment in nuclear energy and renewable sources. A shift towards the use of solar energy is advisable and inspiration must be drawn from the model adopted by Japan which has its “Feed-in-Tariff Policy.”
Kanikka Sersia,
New Delhi
The decline in oil prices has huge implications for global politics and the economies of the Gulf states. Some experts are of the view that the development will not lead the Saudis and other OPEC countries to cut down on production. Media speculation is that the goal is to drive prices below the production cost of fracked oil. Whatever the fluctuations, India must be smart and start reducing its dependence on crude oil in a big way.
H.N. Ramakrishna,
Bengaluru
