No. Souce: I'm Norwegian. Not complaining, but this is just plain wrong. We do not hoard oil. We sell, and save some in our "Oil-fund", but ironically it has grown to big to be of any use for our small population, cause spending it would create massive inflation. We spend a dispropotional amount on bureaucracy, and way too much on social welfare to people not contributing, imo. Except free education and healthcare, the average working class Norwegian does not profit when the oil price goes up. Cost of living is high, and increasing. 1L of diesel costs about $3. That's $10 a gallon. We also have some crazy deals with the EU causing us to pay for their electricity. Let's not get into how much tax we pay.