4 ms·
As long as you're okay when the general public is shut out of a potentially quite lucrative part of the market, and everything is owned by some foreign shell co
by fennecfoxen 6y ago
As long as you're okay when the general public is shut out of a potentially quite lucrative part of the market, and everything is owned by some foreign shell company, I guess.
- toomuchtodo 6y agoI want to push the US public out of industries we’re about to financially destroy, yes. If the Saudis want to invest and take a bath like their SoftBank and Uber investments, I have no qualms.
- xyzzyz 6y agoWhy would they invest, when they can just sell us their own oil at exorbitant prices, now that big part of competition is gone?
- lotsofpulp 6y agoIf the price is too high, they would sell less oil.
- xyzzyz 6y agoThey'll sell less oil than there is currently sold in total at lower price, sure, but if competition from US is out, they'll sell more than they sell right now, at prices higher than now.