Sunday, March 23, 2008

Supply and demand

Now, please understand that I am not a geologist and have no expertise about drilling for oil. But I do understand that when the price of something goes up, one of two amazing things happen (or a mixture of the two): demand goes down, or people find a way to supply more.

It hurts to fill up the car with gas these days, but here are two independent stories that are different from the usual gloom and doom we read everyday: oil field development in North Dakota and the Falkland Islands.

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