A Modicum of Restraint

It's always a pleasant surprise when someone writes an article about oil & gas and addresses such topics as moderation, restraint, and fiscal realism.  Here ya go:

An Oil-Price Test for MENA Governments

In recent years, Middle Eastern and North African countries have been weaning consumers off domestic energy subsidies, while modernizing and diversifying their economies. With oil prices recovering, however, there is a risk that these countries will revert to their old wasteful spending habits.

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