Replies

No advantage? Energy independence is vital for any nation’s security. Additionally, oil exports produce foreign revenue.

You don’t have energy independence if you don’t have control over the oil to keep it in your country. In Argentina, the resources are sold and shipped abroad and Argentina must get their own oil from foreign sources. They can’t use their own resources because they don’t belong to them. They don’t have energy independence, in other words. That is a lie. Just so Americans know - are not fooled by false promises and expectations about the reality of the “free market” drilling “our own” resources.

Is pollution from oil a problem in the US? Why would it have to be in Argentina?

Do your own research on Argentina. They are already drilling and have consequences. There is always consequences to drilling. https://startpage.com/do/search

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.

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

So, tell us - have you stopped driving gasoline-powered vehicles?

That is why they are nationalizing the Nation’s oil business. They want to get some profits for their trouble.

The history of socialism is rife with good intentions leading to consistently bad results.

They don’t even get to use the oil. They are dependent on oil imports because of global markets and the only interests considered

And more uninformed idiocy. The reason Argentina imports energy is because they don't have enough refining capacity, and have to import gasoline and other finished products - this may be news to you, but you can't run your car on unrefined crude. Since they cannot refine all of their own crude, they export what they cannot refine and make money off of that, instead of doing nothing with it.

And why does Argentina need to import finished products?

mash this

Argentina is South America’s largest natural gas producer and a significant producer of oil. However, the heavily regulated energy sector includes policies that limit the industry’s attractiveness to private investors while shielding consumers from rising prices. Consequently, demand for energy in Argentina’s rapidly growing economy continues to rise while production of both oil and gas are in decline – leading Argentina to depend increasingly upon energy imports.

And your solution is to what, cheerlead nationalization? Can you point to ANY such nationalization that has done squat for a country's economy? PEMEX is a wreck. Prime example of how your socialist dreamworld always craps out in the end.

The truth is out there if you bother to visit websites other than conspiracy idiocy.