An oil gusher could also sharpen Brazil's already voracious appetite for the politics of the pork barrel.

ECONOMIST: Brazil

That now includes Spindletop, the most iconic oil gusher in American history.

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The moratorium was imposed by President Obama on May 27 after the April 20 explosion aboard the Deepwater Horizon drilling rig off the coast of Louisiana triggered an underwater oil gusher.

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Apparently out of a belief that oil prices will collapse in the near future, making the current gusher of oil industry profits a very short-lived phenomenon.

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When revenue increases, earnings shoot up like a gusher of oil (of course they went the other way last year).

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All were catapulted into modernity by a gusher of oil, and left scrambling to find a way to manage their sudden riches.

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It would be, from an economist's point of view, the Pennsylvania oil fields of man-hours, a beautiful gusher, a bonanza of reverie washing upon our shores.

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Washington (CNN) -- A former BP engineer has been charged with destroying 200-plus text messages about the Deepwater Horizon oil spill, including one concluding that the undersea gusher was far worse than reported at the time.

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Add to that our coal and comparable amounts of cheap natural gas, and America is sitting on a hydrocarbon gusher that is unprecedented in scale since the dawn of the oil age.

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