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Oil is natural resource that is extremely important to our country, economy, and

  1. A.A. Zavala profile image84
    A.A. Zavalaposted 6 years ago

    Oil is natural resource that is extremely important to our country, economy, and defense.

    Why isn't our oil industry nationalized?  If it were, would it possible that our goverment be debt free?

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  2. Rambler1 profile image61
    Rambler1posted 6 years ago

    No, oil would cost three times as much and be ten times less efficient.

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  3. ib radmasters profile image59
    ib radmastersposted 6 years ago

    The problem is that the government is not capable of running a business, any kind of business. They couldn't even run a brothel in Nevada successfully.

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  4. Crude Oil Trader profile image58
    Crude Oil Traderposted 6 years ago

    Why? Seriously, that could be the biggest mistake ever made in human history. And at a time we need to privatize everything we possibly can in the U.S.

    Even socialist leaning governments around the world are smart enough to turn critical industries back to the private sector.

    The oil industry? We would starve to death in the U.S.

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