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Old 03-18-2013, 09:12 PM   #13
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Join Date: Dec 2006
Posts: 4,151
Default Re: Countries with most oil reserves

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.
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