Sunday, May 07, 2006
POWER FLOWS TO OIL STATE
Newsweek April 10/17 Page 50
As oil has been providing to developing and constructing country, it becomes very important to the government of that country own the oil states. Revenue of the country depends on oil now increase with high surplus because the number of users using oil very high which are vehicles, industries, and exploration. Hold in the oil states government company’s hand is nearly a quarter of country revenue, as a change of it also changes a lot outside the GDP of that country and the world oil prices. For example, the gasoline price today rises up to $70 per drum. Controlling the power on his hand, the oil states will be very careful on which step they move or the world oil price will be collapse with the bankruptcy of the company following with high number of unemployment. Today, these companies try their utmost to find new resources to change for oil as its exhaustion.
As oil has been providing to developing and constructing country, it becomes very important to the government of that country own the oil states. Revenue of the country depends on oil now increase with high surplus because the number of users using oil very high which are vehicles, industries, and exploration. Hold in the oil states government company’s hand is nearly a quarter of country revenue, as a change of it also changes a lot outside the GDP of that country and the world oil prices. For example, the gasoline price today rises up to $70 per drum. Controlling the power on his hand, the oil states will be very careful on which step they move or the world oil price will be collapse with the bankruptcy of the company following with high number of unemployment. Today, these companies try their utmost to find new resources to change for oil as its exhaustion.
# posted by Jackson @ 10:07:00 PM 
