[MNJohnnie]

BTW, Oil Companies don’t produce “oil at cost in International Waters”. All those off shore Oil rigs are in some nation’s water. The oil companies buy the lease from the Govt to produce the oil.

[longtermmemmory]

Good point.

So the oil company pays MONEY TO THE GOVERNMENT

So the refineries pay impact fees TO THE GOVENMENT

So we pay oil taxes for gasoline and heat oil TO THE GOVERNMENT

We have met Big Oil and Big Oil is Congress.

[Blood of Tyrants]

You cannot lease an area you do not own. Twelve miles is the internationally recognized territorial limit for countries.