"What effect must it have on a nation if it learns no foreign languages? Probably much the same as that which a total withdrawal from society has upon an individual." --G.C. Lichtenberg
In today's NYT, Thomas Friedman writes that a quick, successful war in Iraq will bring oil prices down drastically, as Iraq ramps up production from its current two million barrels a day to five. On the other hand, a longer, messier, bloodier war "in the world's main gas station" could disrupt production not only in Iraq, but in Saudi Arabia and Kuwait as well, and push prices through the roof (the figure $60/barrel is used as an example).
When oil prices are high, oil companies make a lot of money. Bush has a lot of friends in the oil bidness. Just food for thought. posted by David at 7/31/2002 09:29:00 AM ::
