Posted on 03/29/2009 3:43:42 PM PDT by decimon
HOUSTON - Plunging crude prices have begun to play out in favor of Western oil companies in one regard, giving them leverage with oil-rich countries that only months ago had no reason to compromise.
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But there are risks involved.
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(Excerpt) Read more at msnbc.msn.com ...
Cycles ping.
Yep its all fine and dandy until some leftist tinpot decides to nationalize hard work when oil prices start to rise a bit. And naturally we won’t even send in soldiers to protect our assets. Or at least allow our companies to train their own.
What’s this? Our oil giants have stockpiles of cash to invest abroad?
How did that happen? I thought we took care of that with a windfall profit tax?
I say let them train their own. THat way my tax dollars don’t have to pay for it.
The term Big Oil isn’t biased! Why bother reading the Establishment press attack machine article.
Pray for America
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