Tuesday, July 1, 2008

Truth, if not beauty

Robert F. Worth, writing in the NYT:

The Saudis have long been a force for moderation in the Organization of the Petroleum Exporting Countries, arguing that soaring prices simply promote conservation and fuel-switching strategies that could ultimately hurt oil producers the most. As the former Saudi oil minister, Sheik Ahmed Zaki Yamani, likes to say, the Stone Age did not end because we ran out of stones.

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