Worn out shoes
The other day I took a good look at my shoes: they are wearing out because I am walking more and driving less. The price of gas keeps my 17-year-old car parked at the side of the road for two or three days at a time. I like to see how long I can go without driving it so I can exercise more, save money on gas, and cut down on the inevitable wear and tear (and repair bills) on my old car.
The price of gas is down a little this week following all the financial turmoil. But some of the reasons the prices have been so high recently have not changed: Some oil-producing areas are politically unstable, and there is a lot of corruption and violence. Many oil-rich countries are also paradoxically quite poor, and are descending further into violence and poverty despite the best efforts by some to use petrodollars responsibly. Cambodia and Ghana, two countries that recently discovered oil, are now considering what this means for their future. They have a lot to think about.
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