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by _heimdall 73 days ago
Oh I expect its a very real possibility that the oil industry would just be nationalized if push came to shove.
1 comments

I don't expect this to happen given how powerful is oil lobby in the US. At least not when Republicans control house and senate.
Nationalization doesn't define who is in charge though. You can have the state taking over industry, you can also have industry taking over the state. Both ultimately lead to nationalization of the industry.