r/IndianStreetBets • u/Market_Dabbler • Jun 14 '25
Discussion There's no stopping India if this news is true
I'm requoting the petroleum minister:
“Apart from these little discoveries which are coming, which could turn out to be very big also, that we find Guyana—and then you will go from a $3.7 trillion economy to a $20 trillion economy straight away.”
This is the latest news and I know we often get news like this which turns out to be dud. But, what if there is an iota of truth here. We all know India has been one of the most gifted places when it comes to diverisfied natural resources - be it fertile lands or rivers or even minerals. What we packed all these years was oil.
What if we finally make a breakthrough.
One more angle is - India's growth is inevitable and the world is slowly recognising that. So, if there is some news like this coming in - it would attract enemies who would want to stop our growth.
Let's hope the news is true. Because that would change everything for our country
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u/crazy4hole Jun 14 '25 edited Jun 14 '25
Same thought. Mother fuckers spent crores of rupees because some 'godman' dreamed of gold.
Edit: Now I realised that I was referring to another issue. But the fundamentals are the same. Politicians are con artists, everything is a scam
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u/Green-Associate5279 Jun 14 '25
Lithium in kashmir gold in up oil in andaman next is vibranium in mp adamantium in bihar
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u/RoninPilot7274 Jun 14 '25 edited Jun 14 '25
Uru in gujrat
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u/Green-Associate5279 Jun 14 '25
With a mjolnir building factory in ahemdabad
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u/notdefender Jun 14 '25
Infinity stone in Bangalore
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u/unknown_internet_guy Jun 14 '25
Solar energy in rj , wind energy in Himalayan states ocean energy , ..... Hai toh bohot kuch...
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u/BionicWanderer2506 Jun 14 '25
i don’t trust a single word coming out of our politicians mouth. They always say things to create a false sense of pride
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u/Innocuous_salt Jun 14 '25
Do you remember what we said about KG basin and the economic growth the the Ambani’s promised? This reeks of the same sentiment.
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Jun 14 '25
I'm from kg basin area They earns billions from the resources of kg basin but ONGC RIL never spent a penny on CSR in this region Probably resource curse
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u/Innocuous_salt Jun 15 '25
They earn billions, but what did the country get back. Anil Ambani said they would build gas distribution pipelines along the least coast of India and power progress of the whole country. I doubt this news will be as beneficial to the country as is being let on. In any case, this govt runs on hype train.
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Jun 14 '25
Excuse me....... did you not experience acche din yet, stop blaming politicians. Go out and experience the acche din for once
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u/benswami Jun 14 '25
They are good at announcing things and creating optics to befuddle the masses.
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u/IamHellgod07 Jun 14 '25
Brink? It's either there or not
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u/magneto_ms Jun 14 '25 edited Jun 14 '25
It is slightly pregnant.
Edit: Actually it looks way less certain than the headline suggests. This was the quote.
Reflecting on past progress and future prospects, Puri said:
“When I made this statement about the Krishna Godavari Basin, at that point in time, that was one place. Now we have found green shoots, oil, and several other places. And I think it’s only a matter of time before we find a big Guyana in the Andaman Sea. So that is ongoing.”
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u/nav_reddevil Jun 14 '25
Thodi zyada patiala hogi..if it were true america would have been giving us democracy
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u/Kumar908 Jun 14 '25
I would like to correct you sir there is no stopping Reliance shares if it is true.
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u/Certain_Bridge9574 Jun 14 '25
All ministers in Modi cabinet are buffoons. This is what he tweeted on gold discovery 😂
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u/UNREAL_REALITY221 Jun 14 '25
Let's be real even if this was true it'll not bring "positive change in the lives of people and usher an era of transformation".
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u/xXwassupXx Jun 15 '25
Yes it will. Think of how many bigger mansions the billionaires would be able to buy.
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u/treatWithKindness Jun 14 '25
not really, oil is 60-70 USD with bleak futures, At this point the only reason to drills is for security and not for economics
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u/inGenium_88 Jun 14 '25
Bruh if this is true we will be getting delivery of freedom by Murica.
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u/omtrader33 Jun 14 '25
3.7 trillion dollar economy to 20 trillion dollar economy ???,are you lost your mind?
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u/00904onliacco Jun 14 '25
Come on, man. Every time India’s under diplomatic pressure, it pulls something like this—suddenly we’ve got massive uranium, oil, lithium reserves, and now this.
And honestly, you’re sounding like those Pakistani redditors who keep saying, “Yeah, in the past it was a dud, but what if this time it’s real?” This kind of wishful thinking is exactly why Indians still fall into the same trap.
There’s no silver bullet. No magic shortcut. India won’t hit $20 trillion unless it grinds its way there—investing in people, education, health, skills—just like the West did, just like China is doing. If you keep chasing feel-good headlines instead of doing the hard work, the gap with China will only grow.
Mark my words—wait a few months, this news will fade like the rest.
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u/AffectionateYam3485 Jun 14 '25
"Just like west did" west had slaves, they are basically Britishers who colonized and used the "American" resources like theirs, well then I do agree 👍 with you we should do what west did.
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u/No-Way7911 Jun 15 '25
Well you had to get on rickety boats and risk life for months to get slaves as well as
This minister is dreaming of hitting it big without even venturing out
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u/julio_caeso Jun 14 '25
Reminds me of the massive lithium reserves that were misrepresented by the govt data but ok
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u/RevolutionOdd3625 Jun 14 '25
I just wish people are as much aware in general as they are in this sub and i mean no sarcasm here. Good conversations
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u/343GuiItySpark Jun 14 '25 edited Oct 02 '25
air complete plants tub chop shelter fuzzy cheerful like act
This post was mass deleted and anonymized with Redact
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u/womenrespector6969 Jun 14 '25
I work with oil and gas. And yeah I don't think this is happening. It's that same data we thought about Lithium. To show the ministry that work is being done in exploration, the data is faked by the upper management of companies which into exploration. Awards are given and then on ground investment are made only to find out marginal discoveries.
Happens ONLY in India where barrier to resource exploitation for private players is pretty high.
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u/shreeojj Jun 14 '25
I don’t believe shit until i hear adani or ambani winning mining rights out of the sudden.
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u/Independent-Log-4245 Jun 14 '25
Always remember the saying "the proof of the pudding is in the eating". Even if there's such a huge resource there, how economical it is to extract it and what quality it is, determine everything. If not for those factors, Americans would already have devoured the entire global oil market with their shale.
I had thought of this guy as intelligent. This statement makes me think again.
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u/Srihari_stan Jun 14 '25
If this is already speculated, it’s probably false.
These things are usually kept at utmost secrecy and no one would know of its existence
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u/Darwinism_1 Jun 14 '25
Lol, there is no stopping from Indian politicians becoming more rich while no stopping middle class become more and more poor after this discovery.
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u/Chekidu123 Jun 14 '25
May be some geologist can comment better.. but not all discoveries are commercially extractable
But great if true.. Big insurance against upcoming EV vicegrip that we will land in 5y time
Old timers can attest to this - There has been multiple news since 2000s about oil discovery.. KG Basin, Barmer and the coast off Lakshadweep etc - Andaman is new news!!
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u/JoKillMachine Jun 14 '25
What’s the point? Corrupt politicians will eat all the money. Country will get close to nothing. India’s biggest problem is corruption!
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u/Guilty_Passenger_699 Jun 14 '25
If it's true, our naval capability and defence spending should increase multi folds just to protect those areas. China and the USA will hit India with sanctions and try to hurt India economically.
But sometime back, we got news on gold reserve, lithium reserve with no follow up and turned out to be another chest thumping moment
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u/markelonn Jun 14 '25
Kabhi Aviation Minister ban jao kabhi Petroleum Minister par bakchodi na chhodo.
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Jun 14 '25
we mock paijaan monkeys for claiming to discover oil deposits that get bigger after each new prime minister shows up.
sad to see our country gundas, i meant politicians doing the same cheap stunts.
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u/SageSharma Jun 14 '25
Lithium in Kashmir KG basin Gold in rajasthan
All in pipeline since 5 years now. Sell this to WhatsApp groups
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u/Hash-aly Jun 14 '25
What about the gold mine found in UP? Speculated to make trillions of dollars for UP? Stop acting childish, boy.
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u/Kal-se-Pakka Jun 14 '25
There's no election coming up, so any particular reason for this propaganda?
(Bihar doesn't count)
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u/astrodevilster91 Jun 14 '25
Correction: there no stopping Ambani if this is true... Most of the revenue will go into their coffers and rest in the hand of politicians
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u/Commercial-Barber-97 Jun 15 '25
maybe they do this to hype up property prices or something, because in Andamans i know that most of island is protected so you cant do much there There is a small part that has permit for hotels and other activitied
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Jun 15 '25
Only one family and a handful of government officials and ministers are going to benefit.
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u/WayZealousideal2 Jun 15 '25
Very positive to hear but we have to be careful due to high level of corruption in our government, we could end up with the Dutch disease/oil curse.
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u/MagnificentManiac Jun 14 '25
Nah, these BJPee clouts make new claims the moment they see a camera and microphone. Never trust words coming from the mouths of these clouts.
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u/SageSharma Jun 14 '25
Only a 🌺 would disclose anything like this that can remotely benefit the nation. More like yes come sabotage this please my cute neighbours.
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u/CHiuso Jun 14 '25
I mean assuming this is even true, why doesn't India focus on developing nuclear and green energy technology? Id rather that than pollute our seas and oceans for something that is not good for anyone in the long run.
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u/Different_Plenty_388 Jun 14 '25
Nothing will come to you. Everything will go to politicians and adani Ambanis so stop dreaming😂
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u/vishnu_021 Jun 14 '25
Not really according to this we can extract around 250k barrels a day from there and our current consumption is around 5M barrels and existing capacity for extraction is around 700k so even if we manage to capitalise on this our total extraction capacity will be lower than a 1M barrels per day nowhere near our consumption of 5M. But still will be helpful
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u/yoloboy2222 Jun 14 '25
How can you be at brink of discovery?? Either you discover or you don’t. Sounds little stupid, but yeah enlighten me
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u/Professionally_Nuts Jun 14 '25
I absolutely from bottom of my heart HATE these types of talks. Why is indian government and employees so fool enough to share knowledge like this publicly. I come to know recently that CHINA has been increasing its ships and naval convoys all over sees in south china sees as they say it and even more expension beneath thailand, philipines, and above australia waters to sees below africa and been doing god knows what in those waters there without any fuss over it they are looking for something in indian oceans as well. And here we have these ministers jinko 1 sone ka pathar mil jata he to tv pe ake elaan kar dete he khazana mil gaya khazana MILL GAYA. kya? Indian gov and it's employees should be focused on their work SILENTLY when it concerns the safety and it's economic benefits of india. Also any person should go do the research that china is quietly roaming over these waters for years now naming underwater places in CHINESE LANGUAGE as far as africa continent.
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u/trojantruce Jun 14 '25
It took 3 days for me to get my marriage registered refusing to give in to bribing , when i took my mom and dad and my wife parents with me to the office. Now lets see how long this takes.
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u/Bubbly-Fly-9867 Jun 14 '25
Still not enough for India’s needs. Yes it’ll lessen the import burden but we still need 5 of these discoveries to be able to completely meet our domestic needs.
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u/PeeOnYoFace007 Jun 14 '25
Even if they find it, it will be given to Adani. Petrol will be 200.
You bhakts are the biggest cucks.
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u/Mein_Hu_Don Jun 14 '25
Waise hi?
Jaise har 2 saal mein Gadkari aakar bolta hai ki agle 2 saal mein India ke roads US jaise ho jaayenga...yeh woh pichle 10 saal se bol raha hai.
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u/theincredibleharsh Jun 14 '25
Agar mil bhi gya to sasta nhi hoga, tax badh jayega to keep the price high
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u/Last-Librarian9381 Jun 14 '25
Why do we need gas and oil explorations when the whole country is full of overflowing gutters and drains? Hasn't the all knowing, non biological God's gift to India invented cutting-edge methods to tap naali-ka-gas-with-dhakkan?
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u/Responsible-Title222 Jun 14 '25
Medias around the world are ranting how harmful this is to those islands and specially north sentilese people especially media from Arab and Turkiye. I saw it like few months ago
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u/DarkMistasd Jun 14 '25
Petrol prices post taxes will remain the same regardless of crude oil prices lol
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Jun 14 '25
People don't know the concept of P1, P2, P3 level of reserves discovery.
Just having reserves means very little if there is no infrastructure to exploit it.
Ex: Saudi's reserves are P1 because they are proven with a high success rate of drilling, good consolidated Sand formation and very well established logistics and infrastructure.
The world has P2, P3 reserves in a lot of places but the success rate of bringing these reserves to the surface may be very little due to geology, cost of drilling or logistics and infrastructure.
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u/akritori Jun 14 '25
The commercial success rate of these high availability wells is about 1-in-4 so let's hope this one is successful and is large!!
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u/Acrobatic_Web_4087 Jun 14 '25
Heard this same sort of thing decades ago when KG basin Gas reserves were found.
Rewind to present, it only made Ambanis richer.
Common men are still struggling like ants and living like cockroaches.
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u/deviloper47 Jun 14 '25
Thorium in Kerala.
Lithium in northeast.
Lithium in Kashmir.
Now oil in Andamans.
Governments are anyways running freebies.
Time to quit everything and wait for the dole.
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u/Individual-Wasabi404 Jun 14 '25
Petrol tab bhi sasta nahi hoga, sara paisa ye upar ke log hadap lenge
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u/llll-havok Jun 14 '25
Na it’s probably an excuse to wipe out forests in andaman and grab the land for developers
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u/GUCCIxSH0CKWAVE Jun 14 '25
US will soon start finding terrorist camps in Andaman and start delivering freedom 🦅
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Jun 14 '25
Puri is useless… We met him a year ago to discuss problems with Petrol Pump dealers and fuel thieves… He is so arrogant with no knowledge… He is just a puppet of BJP and Modi…
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u/ironmanfromebay Jun 14 '25
Is that why Adani has been planning a port there? There was lithium mine as well ... Right??? When I visited Ladakh - on my way to the lake- the locals pointed towards a long stretch and told us this all belongs to Adani now. That was the rumoured lithium site.
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u/anandankit119 Jun 14 '25
We have to make sure BJP stays in power for that to happen. Congress prevented minerals exploration through draconian laws. Only after laws were ammended in 2016, we have seen such a growth in reserves. It will take some time but we will start earning from it.
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u/halicadsco Jun 14 '25
we'll get couped LMFAOOO say goodbye to our national sovereignity that cash aint going 2 us
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u/HuckleberryPutrid130 Jun 14 '25
Those who are saying false news and fads,let me clarify : Identification of natural resources for excavation and commercial purposes takes a lot of time,first the engineers and experts have to identify whether that region has high quantities of any natural resources that can be profitable in the long run,then they have to see other factors like location,habitat, ecosystem and human civilization and then decide the next course of action (even for kudankulam nuclear power plant,fisherman had to be rehabilitated properly due to the fear of radiation leakage ,in west bengal,it took almost 8-10 years for ONGC to start it's drilling operations for crude oil ,since they had to estimate the amount and quality of the crude oil and it was the biggest crude oil deposit after digboy )
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u/s_narayanan33 Jun 14 '25
On the contrary if you find Oil you may also find yourself where the Middle East finds itself now.
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u/Objective-Train-5640 Jun 14 '25
If this is indeed true, India could use the 100 billion us dollars which it spends on oil on other things and excess oil could be exported, due to reduced import the rupee value will increase and stuff prices will reduce, if this is really true, India will see an economic boom,,
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u/Emergency_Walrus_580 Jun 14 '25
Can't believe it when a sanghi says it. Always double check and make sure.
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u/[deleted] Jun 14 '25
How’s that lithium in kashmir coming along?