State run energy policy works in Norway: $500 bn surplus

Quote from Nattdog:

I always get a laugh when all these people see how scandinavian countries are near or at the top of all these international metrics, then people go on the scavenger hunt for the secret sauce:

"but if only we could copy how scandinavian countries educate their children, run their government pension, keep crime so low, etc"

Well, we can't because the USA is not made of scandinavians. Don't worry though. Scandinavian countries are working hard to kill the golden goose with their immigration policy, so before long they will have all the troubles we do.
More...

how about exporting lawyers to Scandinavia?
 
One point missing from this thread is the fact that private oil corporations can do something that no state run oil ministry can do: extract oil from 26,700ft. below the sea serface. That is just what Chevron and Transocean have done recently in the Gulf of Mexico-code named Tahiti Field.

http://www.chevron.com/news/Press/release/?id=2009-05-06

Another example of the disparity between private corporations
and staterun minisiry is the Sakhalin oil field in Siberia. Gazprom-Russia's state run ministry -had no clue how to safely develop
this depo. It took private corporations like Shell, BP and Total to do the heavy engienering to make this oil field possible. Of course, after all of the heavylifting and extreme engeniering, Russia promptly nationalized the whole project and left the aforementioned private corp's with pennies on the $$ for their hard work. Prediction here: When an explosion occurs at Sakhalin
do to poor shoddy maintenance, Russia will timidly ask for help
to contain the situation.


http://www.bloomberg.com/apps/news?pid=20601087&sid=ai8ko1C67paY&refer=home
 
You must log in or register to reply here.
Back
Top