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Mark P. Mills
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Mark P. MillsMark P. Mills
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Daily Archives: December 12, 2010

Investing In The Myth Of America’s Middle East Oil ‘Addiction’

Forbes ColumnsBy Mark MillsDecember 12, 2010

“America lacks leverage in the Middle East because we are addicted to oil. … When we import $28 billion a month in oil, we can’t say to the Saudis … [pound sand]” – so says Tom Friedman in a recent New York Times column.  This common narrative frequently underpins energy policy proposals and investment macros.  (I…

© 2022 Mark P. Mills
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