Originally Posted by LamarOdom
Why is that any bad? if you own the land where the oil is situated then the oil is yours or maybe oceans doesn't count? I don't know.
Anyway to get that much oil you need damn many employers and they're gonna pay tax and they're gonna spend etc.
So having the oil companies privatized isn't necessarily a bad thing.
Their oil production is low because the government is in charge so they have nearly the talented individuals and necessary technology to bring the oil and gas online.