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Started By
Message
re: Brandon calls on the O&G industry to become non profit
Posted on 7/2/22 at 5:52 pm to stout
Posted on 7/2/22 at 5:52 pm to stout
So refineries should make zero profit, making it a negative IRR to invest in capital, reducing investment in capacity and maintenance eventually leading to closure of refineries.
This is how Venezuela collapsed. Price controls destroyed output and private investments into assets and maintaining equipment.
This is how Venezuela collapsed. Price controls destroyed output and private investments into assets and maintaining equipment.
4
Posted on 7/2/22 at 6:17 pm to The Goon
quote:
This is how Venezuela collapsed.
When you realize that this fraudulently installed administration's agenda exactly mirrors the Venezuela blueprint, you have the ultimate epiphany that these actions are very deliberate and are being executed to hasten the total collapse of America.
Posted on 7/2/22 at 7:01 pm to The Goon
quote:
This is how Venezuela collapsed. Price controls destroyed output and private investments into assets and maintaining equipment.
So this guy steps in the explaination.
NIce work.
Posted on 7/2/22 at 7:32 pm to The Goon
quote:
This is how Venezuela collapsed. Price controls destroyed output and private investments into assets and maintaining equipment.
That’s the whole idea.
Posted on 7/3/22 at 8:24 am to The Goon
quote:
So refineries should make zero profit, making it a negative IRR to invest in capital, reducing investment in capacity and maintenance eventually leading to closure of refineries.
Refineries already work at next to zero profit.
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