The price of oil has more than doubled from its nadir of $30 a barrel earlier this year. To explain the resilience of oil prices in the face of a severe economic slump, the oil optimists have turned to an old standby argument: resource nationalism....Read more
Friday, October 23, 2009
Resource nationalism: The last stand for the oil optimists
My latest column on Scitizen entitled "Resource Nationalism: The Last Stand for the Oil Optimists" has now been posted. Here is the teaser:
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