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The Curmudgeon on Gas and Oil

Opinion, by Michael Royseter

RIO DE JANEIRO, BRAZIL - Last Thursday, the two biggest news stories were (1) Russia and Qatar had been chosen to host the World Cup in 2018 and 2022, respectively; and (2) Brazil’s Congress voted to change the rules about the distribution of revenue from oil drilling offshore. There is an obvious link in these items—namely, oil & gas. But there are a few more, so read on.

Russia was no surprise, save to the English, who maintained that the whistle-blowing BBC articles about FIFA officers (including Brazil’s Ricardo Teixeira) would not affect their . . .

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