Friday, May 21, 2004

One Less
Traveling today, so just a quick thought. When you are tallying up the countries that will contribute to meet growing demand for oil in the future, you need to scratch one from the list. Indonesia, one of the founding members of OPEC, has become a net importer of oil. Although its production might get back on a positive trend with additional investment, it's likely that economic and population growth will keep it from again becoming a significant net exporter.

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