Originally Posted by Checkerboard Strangler
The fact remains that anyone who has vast quantities of cheap energy at their disposal has wealth, because energy does WORK, and work is LABOR.

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Oil is simply an abused and overly speculated form of energy, but if you own a lot of oil, you are wealthy.

Nigeria is the legal owner of the oil found there. Are the people of Nigeria wealthy?

There is more to wealth than just owning a source of energy.

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