I'm not quite sure why I put "likely" in the headline to this post. I can't think of any scenario where the ultra-cheap Tata Nano sells millions of units in India and China and other "developing" countries but doesn't have an effect on gas prices in the rest of the world. I mean, if a million more people need to buy gas (or more gas, if they're used to scooters) to get around, that's a lot less gas that's available to the people who use it today, no?
Earlier today, I was invited onto the BBC show World Have Your Say to discuss the just-announced Tata Nano. While the WHYS show was a full hour, but with callers from around the world, two hosts and four invited guests it moved quickly and I didn't get to make a few points that I wanted to. Thanks to this here blog, though, I still can.