Liberal scare tactics

Posted by $ blarman 9 years, 6 months ago to Business
5 comments | Share | Flag

What I love about this article is that they completely forget about a little thing called EXPORT. China and India are both booming and very willing to pay for oil and natural gas, as are other nations trying to diversify from OPEC holdings and away from Russia/Ukraine.

What also terrifies them is the freedom that comes with the free movement of goods, labor, and services caused by cheaper transportation costs. When people are free to move to where the money is, they leave these liberal harbors of high taxes and expensive living conditions, exacerbating their policy problems.
SOURCE URL: http://www.businessweek.com/articles/2014-10-13/u-dot-s-dot-oil-prices-are-dropping-but-drilling-is-more-expensive?campaign_id=DN101414


Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read


FORMATTING HELP

  • Comment hidden. Undo