Mideast changes

By Dick Hill
Posted July 31, 2009, at 7:42 p.m.

Three things are happening in the oil-rich countries of the Middle East: rapid population growth, an escalation in standard of living and a water shortage. Dominated by the need for desalination electricity, these events are driving a massive power plant construction program. The associated increase in the price of oil is inevitable.

https://bangordailynews.com/2009/07/31/business/mideast-changes/ printed on July 22, 2017