Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ClaireSolt
You keep implying I think nationalization of the oil fields is acceptable. I agreed with you it is “thuggery”.

But companies that enter into business deals with such governments should do their own risk management. If they find such deal unacceptable, perhaps they should have invested more into US ventures, such as the lame proposal ExxonMobil submitted to BLM for the Oil Shale pilot program.

ExxonMobil did not lose $30B as you suggested.

213 posted on 06/01/2007 1:33:49 PM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 212 | View Replies ]


To: thackney

Risk management was I believe my initial point. To some extent profits are justified by risks, as that is where the money cames from to offset them. You must be a professional obfuscator and come across as amoral.


215 posted on 06/01/2007 1:38:04 PM PDT by ClaireSolt (Have you have gotten mixed up in a mish-masher?)
[ Post Reply | Private Reply | To 213 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson