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This is one of the areas where out tax system works against us. Companies and employees get nearly tax free incentives of doing the bringing oil / expertise to foreign lands. Every looked at the the want ads for working an oil field outside of the US?
We may argue that we prevent oil from being pumped in the US regions, but it is not as true as you think. There are government incentives to bring it from overseas. Its political, its economical and most importantly part of spreading our form of democracy to the world. Dubai is a great example - as it is almost a sovereign state outside of Saudi Arabia..why is this area becoming the world mecca for technology, tourism, and economy?
Do your research.
The quandary now is where or how everything is justified. With increasing costs - the recession ( we know we are in it)... and now compared to 1970 - more ability to locate information...
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-- Jody
S/V "Hello Gorgeous" - 1983, Barberis Show 38!
"Statistics are like a bikini. What they reveal is suggestive, but what they conceal is vital." - Aaron Levenstein
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