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To: Elroy Jetson who wrote (123998)9/3/2009 9:15:28 AM
From: elmatador  Respond to of 206227
 
Not all countries can print money and dole out doing a TARP or an ARRA. Investment must provide a return. That must be new for you Elroy.



To: Elroy Jetson who wrote (123998)9/5/2009 6:56:19 AM
From: elmatador  Respond to of 206227
 
The Official History of North Sea Oil and Gas
Vol. I: The Growing Dominance of the State

"the decision to found the British National Oil Corporation (BNOC) and state control over the depletion and disposal of North Sea oil.

The introduction of special taxation (Petroleum Revenue Tax and Supplementary Petroleum Duty) to increase the state’s share is covered at length.

The lively debate over the use of the benefits of the large North Sea oil revenues is also chronicled.
routledgepolitics.com

ELMAT: In short, Brazil is not doing anything new. As soon as there is money on the table, the rules change.



To: Elroy Jetson who wrote (123998)9/5/2009 6:58:28 AM
From: elmatador  Respond to of 206227
 
See also "The Structure of British Industry" By P. S. Johnson to see the preference given to the British oil enterprises.