Quote:
Originally Posted by pmrid
Why should a country that produces sweet crude (as I understand we do) have to be linked to an offshore cartel pricing?
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From what I understand, for a long time, it has been cheaper for us to buy petrol products from the other side of the world, than for us to suck it up/refine it ourselves. I can't believe it either, but that's how it seems.
The result is, we put ourselves at their mercy, with no counter-leverage as mentioned. As another wise soul said here last week. "Soon enough, we won't be able to manufacture a jar of jam"...
I don't know if I hate this more than you do, or your feelings outdo mine
