Energy-rich Argentina has gone from being a major exporter of natural gas and oil to a major buyer of expensive energy imports that erode its trade surplus, which has helped sustain Argentina’s high economic growth over the past nine years.
We don’t get our oil dependence problems solved by pumping our own oil without self serving conditions on the leases. That oil is sold on global market and there is no loyalty to Americans by oil companies. They are in business to make as big of a profit as they can, not help provide us with a reliable National source of oil supply.
They will sell the oil pumped here to whoever pays the most (China, India, Europe, Russia, etc.). We will still be trying to get oil from foreign sources. Argentina gets no advantage for the land rape and pollution pain in the watooey of the oil industry in their Nation.
-—They will sell the oil pumped here to whoever pays the most (China, India, Europe, Russia, etc.).-——
Of course.
-—We will still be trying to get oil from foreign sources.-—
Depends what the price is.
-—Argentina gets no advantage for the land rape and pollution pain in the watooey of the oil industry in their Nation.-—
No advantage? Energy independence is vital for any nation’s security. Additionally, oil exports produce foreign revenue.
Is pollution from oil a problem in the US? Why would it have to be in Argentina?