Quote:
Originally Posted by techweenie
You're such a hoot, Sammy. You suggest that the oil companies and the producer countries are not wholly in collusion? LOL
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Yes, that is exactly what I am suggesting based on thirty years of experience and research.
Sometimes a company has to play along with a foreign country in order to keep their leases and contracts (ven u-sue-ayla comes to mind, but the companies there ended up losing bigtime).
The companies don't like it and don't want any part of it, they don't want to be forced to play the stooopid game, but it's the price to pay to do business in certyain part of the world. It is not for their benefit and the oil industry is the MOST CLOSELY SCRUTINIZED AND REGULATED industry in the world except for maybe booze and nukes.
Now it's your turn to present your counter-point, please explain how you came to that assumption and what evidence you have to support it.
You intimate knowledge of the industry's inner workings will help you a great deal in that effort.
Surely you didn't just pull it out of your ass, did you?
Nawww, say it isn't so ......................