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"In the short run, the American economy will continue to rely largely on oil, and that means we need to increase supply here at home, " Bush said, adding that there is no more pressing issue for many Americans than gas prices.
CNN: Bush lifts executive ban on offshore oil drilling
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Even Malaysia and Indonesia, which export oil, will suffer in the longer run from the slowing world economy.
ECONOMIST: The region assesses the costs
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Plenty of studies show we can run the economy on clean energy and shut down our coal, oil, nuclear and gas plants in the lifetime of the existing stock.
FORBES: Why POTUS should say no to Keystone
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Isaac ran the FDIC when the oil patch economy took down one bank after another, and he made the decision to take over Continental Illinois and run it when none of the offers to buy it were attractive.
FORBES: Tech and Geography Beat Too Big To Fail at Wells Fargo
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Some of them also see Myanmar as a valuable asset to ASEAN: it is the world's largest exporter of teak and has important offshore oil and gas deposits (though it is also true that the junta has run large parts of the economy, including the financial system, into the ground).
ECONOMIST: An ugly regime becomes even uglier | The