Quote:
Originally Posted by Cali Panthers Fan
Are you sure that lack of foresight was about that or about the fact that the economy should be diversified to absorb a blow to one commodity-based sector? You know, those commodities that have significant price swings on a nearly constant basis? Nobody should have expected oil to stay around $100 a barrel.
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The lack of pipelines and pipeline infrastructure being built does show that yes they lacked the foresight.