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Politics : View from the Center and Left

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To: TimF who wrote (74526)	7/2/2008 10:10:38 PM
From: Cogito	Read Replies (1) of 543518

>>If the oil companies could and did pay for the war that wouldn't change the nature of any potential problem. And if the cost is somehow associated with their trying to get these contracts than they will just drop out of them and you will have companies like BP and Total get the contracts, or if they had to pay to get the contracts as well, then you would just continue to have an inefficient socialist oil industry in Iraq.<< Tim - In their recent testimony on Capitol Hill, oil executives testified that one of their major problems is the fact that they have to compete with huge, state-owned oil companies like Saudi Aramco. These socialized oil companies have also been criticized by you and others as inefficient. My question is, if they are so inefficient, why can't the private oil companies compete with them? - Allen

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