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Government-run oil companies
Posted on 6/9/10 at 6:22 pm
Posted on 6/9/10 at 6:22 pm
How would the BP spill be any less tragic had this happened to a nationalized oil company? Wasn't the Itoc 1 spill in 1979 done by PEMEX, the Mexican national oil company?
This post was edited on 6/9/10 at 6:24 pm
3
Posted on 6/9/10 at 7:21 pm to Tchefuncte Tiger
Why do you assume 'less tragic'?
Posted on 6/9/10 at 7:22 pm to Tchefuncte Tiger
Ummm I would contend it would be worse.
Posted on 6/9/10 at 7:31 pm to MoreOrLes
I don't trust the govt with my social security and Medicare. How would i trust them with my energy?
Posted on 6/9/10 at 7:44 pm to sheek
Exactly my point. So why is there now a hue-and-cry from the left to nationalize American oil companies? How would this been avoided had this well been owned by the government? Stricter oversight by some bureaucrat?
Posted on 6/9/10 at 8:27 pm to Tchefuncte Tiger
Government run oil companies, overstaffed, overbudget, and mismanaged.
Posted on 6/10/10 at 5:52 am to section301
Who would the boycotters boycott if BP was run by the government? What's going to happen when China starts drilling off the coast of Florida? We all know about their stellar record of coal mine safety. I wonder if their oil wells are as safe as their coal mines.
Posted on 6/10/10 at 1:43 pm to Tchefuncte Tiger
Oil company would be broke in 5 years 
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