To carry American oil to India
Posted: Wed Nov 21, 2018 2:47 am1. Tsvetana Paraskova is a writer for the US-based Divergente LLC consulting firm with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. The following are excerpts from Tsvetana Paraskova's November 14, 2018 article headlined "India Ready To Import More U.S. Oil And Gas".
(Begin excerpts)
India is ready to import more crude oil and liquefied natural gas (LNG) from the United States to expand bilateral trade, India’s Foreign Secretary Vijay Gokhale said on Wednesday.
Speaking after a meeting between India’s Prime Minister Narendra Modi and U.S. Vice President Mike Pence on the sidelines of an ASEAN summit in Singapore, Gokhale said, commenting on the topics discussed:
“There was a lot of discussion on energy, this is a new sector in the Indo-US relations. We have begun importing oil & gas from United States.”
“It is expected to be valued about $4 billion this year and we expressed our readiness to import more oil and more gas from the United States as a way of expanding our trade,” Gokhale added..... (End excerpts)
Source: https://oilprice.com/Latest-Energy-News ... d-Gas.html
2. It makes no economic sense for India to import oil from the US when it can get it more cheaply from nearer oil producers such as Iran and Saudi Arabia. Here I coin this expression "To carry American oil to India" with the following meanings:
(a) To waste money on a project that can be accomplished cheaply by other means, that is, to do something at an unnecessary cost.
(b) To take something to a place where its kind can be obtained more cheaply elsewhere.
The following sentences show the use of the new expression:
(a) Don't pester me to buy your kitchenware. I am not so stupid as to carry American oil to India since I can buy the same kitchenware more cheaply from my friend's shop.
(b) You have been carrying American oil to India by getting that unscrupulous contractor to renovate your house. If you have approached me earlier for the renovation, you would have saved a lot of money.
(c) To waste money buying ready-cooked meals would be like carrying American oil to India. Hence I prefer to cook my own meals or eat at my mother-in-law’s house every day.
(Begin excerpts)
India is ready to import more crude oil and liquefied natural gas (LNG) from the United States to expand bilateral trade, India’s Foreign Secretary Vijay Gokhale said on Wednesday.
Speaking after a meeting between India’s Prime Minister Narendra Modi and U.S. Vice President Mike Pence on the sidelines of an ASEAN summit in Singapore, Gokhale said, commenting on the topics discussed:
“There was a lot of discussion on energy, this is a new sector in the Indo-US relations. We have begun importing oil & gas from United States.”
“It is expected to be valued about $4 billion this year and we expressed our readiness to import more oil and more gas from the United States as a way of expanding our trade,” Gokhale added..... (End excerpts)
Source: https://oilprice.com/Latest-Energy-News ... d-Gas.html
2. It makes no economic sense for India to import oil from the US when it can get it more cheaply from nearer oil producers such as Iran and Saudi Arabia. Here I coin this expression "To carry American oil to India" with the following meanings:
(a) To waste money on a project that can be accomplished cheaply by other means, that is, to do something at an unnecessary cost.
(b) To take something to a place where its kind can be obtained more cheaply elsewhere.
The following sentences show the use of the new expression:
(a) Don't pester me to buy your kitchenware. I am not so stupid as to carry American oil to India since I can buy the same kitchenware more cheaply from my friend's shop.
(b) You have been carrying American oil to India by getting that unscrupulous contractor to renovate your house. If you have approached me earlier for the renovation, you would have saved a lot of money.
(c) To waste money buying ready-cooked meals would be like carrying American oil to India. Hence I prefer to cook my own meals or eat at my mother-in-law’s house every day.