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To be fair, they (the oil industry) already developed pretty much _all_ of the technology in question. Scientific drilling just applies the oil industry's meth
by jofer 14y ago
To be fair, they (the oil industry) already developed pretty much _all_ of the technology in question. Scientific drilling just applies the oil industry's methods to academic projects. (There are a few exceptions, particularly with regards to coring.) Furthermore, the companies that provide the expertise in question are the service companies (e.g. Schlumberger, Halliburton, etc), not the companies that are directly in search of oil.
- samstave 14y agoWe are in agreement and I understand, my point; I am tired of the outright corruption in all industries and the massive profit and exploitation of the oil companies. I as a citizen demand that the representatives in government require a "benficial tax" on all commercial endeavors: the big corporations are not paying financial taxes, then they must begin to pay a beneficial tax to society. This is a tax on research requirements, innovation, infrastructure and other methods of physical payment that are immune to loopholes.
- justincormack 14y agoYou know that most oil is now produced by government owned companies? Look at China Norway Venezuela Russia Saudi Arabia etc...
- samstave 14y agoI don't live in any of those countries. I live in the US where oil barons become presidents, oil companies can ruin vast seas and dump billions of gallons of oil into the oceans for months without hardly any repercussions, and lobbiests have more voice than sanity. I live in a country where for the last 10 years I have watch oil defense and banking interests have trumped all else and destroyed any and all faith I once held in my government.