Remember that the US is the world's largest oil producer producing 17.3m bpd. Some people in the US are getting seriously rich from this. A lot of marginal shale and fracking production has beco… (View Post)

On topic, thank you @JosiasJessop for a really informative header. What I think we are seeing here is another example of the lawless world that Carney so eloquently described. He quoted Thucydides: &… (View Post)

That decision to cut back on licences for the North Sea is looking ever more inspired. (View Post)

More to the point his contract made it expressly clear that he was not entitled to notice and there at the whim of the government. I don't understand why an early termination payment was even be… (View Post)

Not the worst. When I was at boarding school one of my pals had a Charlie Brown and Peanuts poster above his bed saying, "I'm going to be sensible tomorrow!" He rarely was. (View Post)