Disagree, maybe you don’t understand my post.
I say invest it at home (USA) first.
Build the rigs in US vs. Korea.
Have you ever tried to sell in Korea?
If you have you find they fight tooth and nail
to use homemade products with the goal of keeping every penny at home. We could do that here (Gulf of Mexico)easily.
And not send dollars out of the country. Lessen the balance
of payments account we are always lectured about.
-——Have you ever tried to sell in Korea?-——
well yes. I had several Korean contractors and companies as customers on projects out of both countries.
We did build the rigs here for many years but can’t now because of being uncompetitive. However, many of the components incorporated are of American origin shipped to Korea for inclusion.
We should be drilling in the Gulf and elsewhere off our coasts but are prohibited. I think that the president is releasing the permits on a slow imperceptible rate because to do so quicker would be political death. The wacko’s must be placated