They keep almost all the profits and that's how they are becoming financially secure.
2007-10-21 13:43:18 · 9 answers · asked by Mr.Morgan 4 in Politics & Government ➔ Politics
Nationalization/stagnation is normally done by communist/socialist/fascist governments so unless the Dems win big time and can make other parties illegal, it won't happen. Besides that, the history of nationalized (stolen) oil companies is dismal; they become very inefficient.
2007-10-21 14:00:03 · answer #1 · answered by Caninelegion 7 · 1⤊ 2⤋
Here is what you don't know
The energy companies in China are a mixture of private and state working together.
A gallon of regular, where I live in China costs $2.20
The reason, there is no tax or other fees put in there.
The argument against the USA using the same kind of energy model is it would curtail exploration. That is BS. A country knows without energy the country suffers. So therefore, it is in the countries best interest to do what is necessary for energy.
In the USA's case, their socialism with energy is through war.
Signed, an ex pat from the USA living in the heart of China
Peace
Jim
.
2007-10-21 15:27:42 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Only a few countries should even consider privatization.
Any western country is one of those. Private companies perform more efficiently than if by the government, which equals more money in the end… and possibly even better quality of goods.
Now, some nations will trade up efficiency for security. Russia is one of those nations that will have to sacrifice effectiveness for safety. Russia can, and has been taken advantage of and left dependent. It makes sense for nations like Russia to be secure above efficient in production and distribution.
2007-10-23 07:13:39 · answer #3 · answered by poolboyg88 4 · 0⤊ 0⤋
Monopolies even run by the government are not good. Competition is good for business if companies are monitored and regulated.
Capitalism and making money is good if they are not exploitative and are monitored and regulated by a democratic form of government.
Government run companies leads to socialism. Socialism leads to dictatorships and the loss of rights and the abuse of the people by those who run the socialistic state.
Socialism leads to communism. Communism means that everyone shares everything and no one owns anything but the state. Everyone is equally impoverished regardless of the limited electricity and oil supplied to your nice two room cold water flat owned by the state.
Come on, who really wants to live in a government like that?
2007-10-21 14:09:23 · answer #4 · answered by Anonymous · 1⤊ 1⤋
China and Russia prefers to purchase Iranian Oil. individuals want to thieve it. And kill a million or 2 human beings whilst they take it. We world huge be attentive to that Iran isn't a risk....all of us be attentive to individuals are insane, loopy, and extremely ruthless. Becareful of them. i'm hoping the midsection jap worldwide places unite by contrast American Imperial risk on your Persia.
2016-11-09 03:43:07 · answer #5 · answered by ? 4 · 0⤊ 0⤋
America can't afford to own America anymore
2007-10-21 13:48:11 · answer #6 · answered by Anonymous · 1⤊ 3⤋
Nope, that's a ridiculous idea.
2007-10-21 14:20:29 · answer #7 · answered by Anonymous · 2⤊ 1⤋
yes
2007-10-21 14:19:38 · answer #8 · answered by Anonymous · 1⤊ 2⤋
No... and they're not...
2007-10-21 13:54:30 · answer #9 · answered by Anonymous · 2⤊ 1⤋