While petropolitical analysis might be tempted to see the world's present apocalyptic fervour as evidence that the Blob is undergoing its terminal incandescent spasms, there's a lot more sticky black-stuff still to emerge.
As this USNews article notes, Western Canada is becoming a principal oil node, with the entire balance of the country tilting strongly westwards due to the Alberta oil sands boom. The USA is also becoming Blob-positive:
Colorado, Utah, and Wyoming harbor a store equivalent to 2 trillion barrels of oil -- more than all the crude that has been produced worldwide since the petroleum age began.
(link via Glenn Reynolds, who wonders whether oil's new lease of life will hold back other things)
Posted by Old Nick at April 17, 2006 08:54 AM | TrackBack