[extropy-chat] The Economist, 14-page special on oil

Paul p.c.vanvidum at gmail.com
Wed May 4 16:52:35 UTC 2005

> --- Max More <max at maxmore.com> wrote:
> >
> > Oil in troubled waters
> > The Economist, April 28, 2005
> > http://www.economist.com/displaystory.cfm?story_id=3884623

On 5/4/05, Mike Lorrey <mlorrey at yahoo.com> wrote:
> This is interesting: saudis are keeping their oil prices high to fund
> their own social welfare system.

Reminds me of the USSR, they relied heavily on oil prices to sustain
their command economy; didn't work out well for them in the 80s, of
Paul C.

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