Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Chuzzlewit who wrote (24590)	6/23/1998 6:09:00 PM
From: Gator II	Read Replies (1) of 95453

Hi Chuzzlewit...You wrote: "Market share is irrelevant to governments." Respectfully, if I may stick my nose in here and ask a question...Are statist "governments" capable of selectively embracing many if not most conventional business concepts while simultaneously disregarding such a basic one as seeking to expand one's market share considering the raw political and economic power they would have if they possess sufficient market share to control world oil prices? From the the Saudi's viewpoint, the ability to control (which they are well aware they no longer do) world oil prices would be, it seems to me, a logical objective, tantamount to the natural goal of monopoly as it relates to private industry. Gator II

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