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Please revise the following petition and respond with your thoughts on the legitimacy of this demand?

It is a well-known fact that the United States of America are in an economic crisis and are struggling to avoid hopping over the fiscal cliff. In these times of turbulence, it seems almost recommendable to revise our management of petroleum-demand satisfaction. Would this petition solve our problems, or at least be a stepping stone to economic survival? If you agree, please sign this petition, and if not, describe in absolute detail the major flaws of nationalization. I realize that our neighbor to the south of us, and most other nations of the world in fact, have national oil enterprises which charge relatively equal prices to ours for gasoline; in fact, the Chinese government artificially reduces the price of their gasoline! Also, it would assist the government by being able to produce direct petrol revenue and not have to impose high taxes on companies who would protest against the government, thus making the job crisis and economy even worse in such a case!

https://petitions.whitehouse.gov/petition/national...

2 Answers

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  • 8 years ago
    Favorite Answer

    Nationalization is never the answer. You will note that any country that has a National Oil Company (NOC) never considers it's citizens as being free.

    Source(s): 70 years of world observation
  • Anonymous
    8 years ago

    google it

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