Watching the World: Of tyrants and spigots

Do foreign tyrants really have their hands on the spigots that control oil flowing to the US? President George W. Bush thinks so, but oil companies have other ideas.“I spend a lot of time worrying about disruption of energy because of politics or civil strife in other countries-because tyrants control the spigots,” Bush said last week.And, for good measure, he repeated a claim from his state of the union address: “It is in our national interest that we become less dependent on oil.”It is not altogether clear what the president is driving at with such remarks, but foreign fields continue to be the source of much oil and profit for oil companies.Algeria growsConsider...

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