-—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?
No advantage? Energy independence is vital for any nations security. Additionally, oil exports produce foreign revenue.
Is pollution from oil a problem in the US? Why would it have to be in Argentina?
I live on the Gulf and can’t play stupid with you anymore about the cost to human and animal life that comes with hosting oil exploration. Thanks, BP. It is a steep cost with little payoff to the locals who host the drilling and refining of oil (air pollution). There is no price you can set on the death and destruction that occured to the gulf states industries, people and wildlife as a result of BP’s carelessness. It was criminal. They try to pretend they have cleaned it all up and everything is fine and dandy, but it is not.
So the price of hosting oil exploration is extremely steep for the hosting Nation and people and the payoff in Argentina’s case, is nil. That is why they are nationalizing the Nation’s oil business. They want to get some profits for their trouble. They don’t even get to use the oil. They are dependent on oil imports because of global markets and the only interests considered - the oil corporation’s interests and the interests of foreign nations and economies.