Wednesday, May 29, 2002

Oiling the future

Jeremy Sapienza points out a story showing that there may be vastly more oil than we thought. Which would mean that any Iraqi/Iranian/Saudi domination of the Middle East would be a temporary blip (which would hold true any way if you took the free market seriously).

This means that we Brits should concentrate on making oil expensive while we can still export the stuff. Yet another reason to get out of Arabia.


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