80% of current oil reserves are controled by state-run oil companies (OPEC, Russia, China, Brazil). The old Anglo-American oil companies had their faults, but their replacements are likely to be far worse-at least as far as the American consumer is concerned...Now whereas my father did lade you with a heavy yoke, I will add to your yoke: my father hath chastised you with whips, but I will chastise you with scorpions....
