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Oil companies are in a mad rush to get oil from the US because they are afraid we will figure out that Norway, Brazil, and every other country on earth gets substantial revenue from their oil. We give most to the oil companies. Let’s mandate that no more than 8% of gross revenue goes to the oil company and all the rest goes to retiring the national debt. Then the oil companies will be less anxious.
The oil companies will threaten to go elsewhere. Call their bluff. Gold miners can go elsewhere but the gold stays in the mine and they can’t take it with them.