Total Exxon Mobil EMI Gazprom Shell BP Libya
Sure it’ll be Libyan oil but, the big oil companies will make billions in oil concessions.
I really don;t understand why people like Clark continue to live here. You clearly don’t believe in the American way. Why not just leave. Why change it for the people who actually like being Americans? Are you that selfish?
He can’ t go back home, grayhares! His home, Planet Krypton, was destroyed, remember? C.K. is stuck on Earth with what he considers to be schmucks! No wonder he’s testy!
There was an interesting discussion on NPR yesterday about how Norway managed to deal with a major oil discovery without destroying the country, hurting the residents, and making the country impoverished, polluted, and unlivable. Oil discoveries are usually a big curse, most profits go to off-shore oil companies and a few well-connected people, and governments are often changed from relatively benign democracies to corrupt dictatorships. (Check Liberia, Iran, Gaddafi’s Libya and Saddam Hussein’s Iraq.) Let’s hope that Libya reflects on Norway’s ideas — go slow, don’t give away the farm, put the money in an untouchable trust fund and only use the interest, and above all resist pressure from oil companies and right-wing politicians to drill it and sell it as fast as you can.