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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: TobagoJack who wrote (78695)8/29/2011 5:25:43 AM
From: Maurice Winn1 Recommendation  Read Replies (2) of 217820
 
It depends on the country. <how does one get oil concessions by being the lowest bidder?
>

In NZ show up with the low bid.
In USA be a local company with good donations to Barack Obama's party
In Iraq I guess pay bribes to the right people and increase the bid significantly
In Russia I guess shoot Putin and co first
In China hand big pay packets to the local yokels
In Saudi Arabia be a good friend of Bushes and Halliburton, Obama and co. BP is likely out.

A UN veto might help a bit in some places. Probably not in Iraq now.

Mqurice
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