Vince Brannigan wrote in
:
Bjørnar Bolsøy wrote:
In other words, per capita the Norwegian economy is, by far,
the strongest of the nordic countries.
doesn't mean anything if you are sitting on a pool of oil. Oil
mean you can pump money out of the ground not that the economy
is productive
Well it is a natural resource. However, oil isn't just "pumped
out of the ground" here, it's pumped off the weather harsh
conditions on the continental shelf at depths of up to 1000ft.
It requires unique technology and huge investments to build and
maintain the collossus production platforms and to transport
the oil and gas to its customers on the European continent.
Regards...
|