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Thesis & Antithesis

A critical perspective on energy, international politics & current affairs

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Location: Washington, D.C.

greekdefaultwatch@gmail.com Natural gas consultant by day, blogger on the Greek economy by night. Trained as an economist and political scientist. I believe in common sense and in data, and my aim is to offer insight written in language that is clear and convincing.

01 April 2006

Death for oil?

From BBC News: “Chinese police have vowed to clamp down on pipeline oil theft, even threatening to impose the death penalty. According to police oil theft cost the industry more than 1bn yuan ($124.6m, £71.8m) and led to 2,877 arrests. Many cases were so serious they had "wrecked" production facilities, senior police officials told reporters. ‘Criminal punishments will be meted out, including the death penalty,’ said Ma Weiya, vice director of the police social security management department.” (link)

Does the word excessive come to mind?



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