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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Bearcatbob who wrote (141157)10/17/2010 7:01:49 AM
From: elmatador  Read Replies (1) of 206148
 
As it happened with Statiol, PBR will develop loser relationship with the government once pre-salt oil matures.

see
Norway's Evolving Champion: Statoil and the Politics of State Enterprise
pesd.stanford.edu

State intervention at earlier stages is because for capital to come in need assurances that all stakeholders' interests are already taken care of.

Employers, states royalties, and the rules are established.

Once the pizza is already split, chairs around the table is organize, novelty is out of the way, government envolvement is not necessary.
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