Word: weisbrot
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...determination to remain a slave to oil, the oil industry may well have hit a point when the short term is the long term--every barrel not pumped today will be worth more tomorrow. "The Venezuelans are investing as much as they want to," says economist Mark Weisbrot, a co-director of the Center for Economic Policy and Research in Washington. "That is, they're not in a hurry at all to expand production...