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klrefg • today at 1:56 PM • 1 reply • view on HN

You can only compare Norway to richest of the gulf states like UAE, though (e.g. Saudi Arabia produces less oil per capita than Norway). Put 10x more people in Norway and keep the same amount of oil like in many of those “shithole” countries and you’d end up with a slightly different situation


Replies

margalabargala • today at 2:10 PM

Only slightly.

The major differentiator for Norway is policy, not oil quantity.

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