>>>Newt's latest dispatch is from Norway where he compares their success and the US's failure at management of the "everywhere vs. nowhere" trap regarding oil and gas exploration.
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>>>http://www.humanevents.com/article.php?id=26931
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>>Very interesting article. I learned several new things about both Norway and the US.
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>>Even if Norway is a big oil producer the gas price is over $10/gal. Norway is using a lot of the oil profit on energy research and also a lot of the money is put into a "savings account" for when the oil is gone.
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>Now that is a great strategy: sell the oil now, stash the money away or invest it to generate a small profit and buy back later less than half the amount you originally sold.

The strategy is to save money so that we have enough money to pay our pensions in the future.