Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: DewDiligence_on_SI who wrote (166157)	4/1/2012 3:05:55 AM
From: elmatador	Read Replies (1) \| Respond to of 206183

"O secretly wants to get fossil fuel prices up to boost alternative energies"? And you tell PBR is driven by government... Message 27991669

To: DewDiligence_on_SI who wrote (166157)	4/2/2012 12:04:25 PM
From: elmatador	1 Recommendation Respond to of 206183

State Capitalism and Natural Resources State-owned companies dominate the global hydrocarbons sector. National oil companies (NOCs), as they are referred to, hold a staggering 77% of the world’s oil reserves. The biggest oil company in the world is Saudi Arabia’s Saudi Aramco, which has 280-million barrels of proven reserves and has a production capacity of 12.5-million barrels per day (although it usually keeps its production at lower levels, partly to preserve reserves and partly for politico-economic reasons). From second to tenth place (in terms or production), the remaining top ten oil com- panies are the National Iranian Oil Company, Petroleos Mexi- canos (better known as Pemex), the Iraq National Oil Company, Exxon Mobil, BP, the China National Petroleum Corporation (which has a publicly listed sub-sidiary called PetroChina), the Abu Dhabi National Oil Company, the Kuwait Petroleum Corporation and Petroleos de Venezuela (known as PDVSA). (This list was compiled by Forbes magazine in 2010.) Of these companies, only two, Exxon Mobil and BP, are not State-owned. State capitalism: Is it a rival to market capitalism? Message 28054821

To: DewDiligence_on_SI who wrote (166157)	4/2/2012 12:12:38 PM
From: elmatador	Respond to of 206183

Nowhere can you find a modicum of economic and social success without some form of public and private ownership. ... To drive recovery, is Britain going to stick to the individualist model of capitalism that created the crisis? Or, instead, will we strike out and develop a new balance between state, business and society? .... This is a worldwide debate, as Rothkopf outlines, a bid to define what 21st-century capitalism could be. Some countries, such as Singapore and Israel, have developed small state entrepreneurial capitalism as their answer. Then there is Germany and the Nordic countries' stakeholder capitalism; the democratic development capitalism of Brazil and India; China's self-described "socialist market" capitalism; and government activism even works in the US – witness the revival of the car industry. Nowhere can you find a modicum of economic and social success without some form of public and private partnership, directed financial systems, corporate ownership structures driving engagement and stewardship and effective social safety nets. Message 28054877