JohnE

Will Brazil Really Nationalize Oil?

Given the importance of oil and all energy to the well being of nations. The documented failure of US companies such as XOM in particular to drill for new oil and sit back and use gross profits for stock buybacks. I am in favor of nationalizing all so called energy companies. They have proven their worship of absurd profits, intent to keep oil in short supply, drag their feet on renewable energy solutions and disdain for the suffering of the citizens. When it comes to the big business mafia, energy thugs are at the top of the dung pile. I say nationalize them all! Cap salaries at $350K a year and put the citizens 1st.