Even so, the Saudis not only sit atop the cheapest and largest reserves of oil in the world, but remain the only country willing to maintain large amounts of idle capacity something profit-minded Russian oilmen such as Yukos's Mr Kukes would never do.
Its galloping GDP growth, 8.8% in both 2003 and 2004, owes a lot to high soyabean prices and the use of capacity left idle by the economic collapse in 2001-02.
According to our customers and most analysts, private data centres are using as little as 20 per cent of their server capacity, but even at idle these servers consume 60-70 per cent of their power.
Unfortunately for their hypothesis, not only are we are at the end of a thirty-year period of deregulation and falling taxes, but the private sector already has plenty of idle workers and capacity.