It is worth noting, of course, that countries which have not had significant levels of immigration (like Japan) have not been all sweetness and light. The problem is that our politicians -of all hues… (View Post)

Golden Brown, Texture like debt, Runs through the books, No time for regret Never a smile, Always a plan, Muttering forecasts Only he can. (View Post)

Many billions, and many years. Plus here's the other thing: all the companies with experience in bitumen soaked sands are Canadian. (View Post)

I know quite a lot about Venezuelan oil, and the chances of this making any significant difference (in the short term) to their oil output is utterly deluded. Now on a five year view -assuming Venezu… (View Post)

It would be great to see the fall of the Mullahs, but I wouldn't romantacize the Shah. He ran a pretty brutal dictatorship, backed by a nasty internal police that cracked down on anything that l… (View Post)