The unbearable stubbornness of gas subsidies

posted by
January 18, 2012
Casey Research
by Marin Katusa  
Posted in Commentary

"The series of events that just transpired in Nigeria makes for a familiar tale – and a telling lesson. The tale tells of a poor, developing nation endowed with oil riches that, on the advice of international economists, tries to eliminate gas subsidies. The lesson is that the populations of oil-producing nations will inevitably erupt in rage against any such notions." (01/17/12)  

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