William Pesek is a Bloomberg View columnist based in Tokyo and writes on economics, markets and politics throughout the Asia-Pacific region. His journalism awards include the 2010 Society of American Business Editors and Writers prize for commentary. Petroleumworld does not necessarily share these views.
Editor's Note: This editorial was originally published by Bloomberg View , on Jan 6, 2015. Petroleumworld reprint this article in the interest of our readers.
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Petroleumworld News 01/09/2015