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28 January, 2010

An Interesting Thought


“Stop thinking about what the Middle East is producing. Start thinking about what the Middle East is consuming.”
The video is worth watching - for the first 20 minutes. Rubin is at his best when discussing short term trends directly related to energy prices; he waxes nonsensical as he begins to talk about carbon pricing. So ignore that part. But watch the beginning. Rubin is an engaging speaker, and that part contains more than a few insightful comments. Just remember to close the tab once he starts talking about carbon pricing.

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