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It's a net exporter, but a fairly small one. From what I can find, oil-related royalties contribute about 3% of the state budget. I can believe that still resul
by _delirium 14y ago
It's a net exporter, but a fairly small one. From what I can find, oil-related royalties contribute about 3% of the state budget. I can believe that still results in a fairly high ranking, but it's not exactly funding the country with that. The Texas state government gets more like 5% from oil, and hasn't succeeded in setting up a social-democratic system...