Quote:
Originally posted by jyl
When it happens, I'm sure many will sing the company line about excessive regulation/costs driving American companies overseas, etc. Don't be a dupe - that will have very little to do with it.
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So you admit that the oil business in the US is dwindling (not because we don't have oil) and that taxes here are much higher yet you don't feel either is a legitimate driver in their move?
Now I agree that many of their potential clients are in the middle east and that is a large player in their decision, but if oil exploration and refinement were unleashed here and taxes were on par with Dubai, they would more than likely stay...yes?
*disclaimer: I know they haven't actually moved the company, just certain aspects and personnel. I am speaking to the theory if they do.