Quote:
Originally Posted by DieselAddict
Their biggest fear is investing all this money only to see it disappear when oil prices crash.
The government can be much more useful than simply getting out of the way. It can actually play a constructive role.
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Do you honestly see that as a likely event? IOW, OPEC suddenly flooding the market? Not talking about a $10 a barrel drop. Maybe if the price of oil crashed tomorrow to say $50 a barrel, I might worry about investing in this company.
You understand the difference between "can" and "will", right? What have they done lately that convinces you that they "will" be more useful in the project than out? Sure, the govt "can" be more useful than just getting out of the way. If you think it is likely to happen, you might consider grafting wings on a pig and see if it "can" fly. Probably as much chance of it happening. You seem so optimistic that the govt can do this and can do that. Maybe in Europe under different circumcisions. What have they done HERE that convinces you that they are more likely to help than hinder? The gas tax where 46 cents on the dollar is spent on non-road related projects (something that wasn't supposed to happen)? The Tobacco Settlement that is spent on who knows what besides Tobacco Cessation Programs? The raiding of caches of money for other pet projects?