Vince Brannigan wrote in
:
Bjørnar Bolsøy wrote:

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.


Sure, but all that goes into the GDP

On a humorous coincidence in High School I dated the
girl who became president of Mobil Exploration Norway, CM Devine.

Vince

I say. Mobile's head office was just downtown from where I
grew up, in Stavanger, not far off a couple of quite decent
nightclubs I might add. Just the one date, was it?



Regards...