Oils well that ends well

A certain bureaucrat seemed extremely happy with falling prices of international crude. With oil prices plummeting by the day, it will be India that will have the last laugh, he pointed out. India can not only buy oil cheap, he said, it can now dictate the terms as well what with countries like Saudi Arabia wooing the country to buy larger quantities of oil from it, as the US and Europe gravitate to shale gas in pursuit of a cleaner, cheaper and more sustainable energy mix.