RE:RE:Imagine the conversations...Any way you look at this , it's very very disturbing . If I were the oil industry I'd lawyer up and sue the sh** out of these governments. They cant make money in the bad times and cant make a profit in the good times ? The government is far overreaching their power and mandates. This should make you worry at night even if you are not an investor. What's next ? You start a business and do really well and your business is seized ? It's happening right now in the poo hole countries
Moemoney42 wrote: It wouldn't surprise me to see some easing of those taxes with a caveat that the companies subject to them pay the equivelant of the tax into capex to avoid the tax.. thereby assuring a more robust supply locally which is the best endgame for everyone in the EU.. more tax from royalties, more tax to the workers needed, more local spin offs, etc. etc.
How can any sensible person not see this for what it is.. just a tax grab, with no plan to deal with the actual issue of lack of supply!!