ROMERBOY

1 Vote

bahamianson 4 years ago on DRILLING BEGINS . . . but Bethel says govt will negotiate a bigger share if oil is found

DRILLING BEGINS . . . but Bethel says govt will negotiate a bigger share if oil is found

then consider dropping VAT and giving everyone a universal basic income.

3 Vote

nassau98@aol.com 3 years, 12 months ago on Gov't joins BPC in opposing oil Judicial Review

Gov't joins BPC in opposing oil Judicial Review

I support the Goverment. Drill, drill. I hope that a lot of oil is down there.

2 Vote

bahamianson 4 years ago on ‘Stop pointing fingers over drilling’ says Davis

‘Stop pointing fingers over drilling’ says Davis

Comical, " stop pointing a finger over drilling", says the party whom agreed to the contract. the question is, why does brave Davis' law firm get all the top contracts that come into the country?

4 Vote

Bahama7 4 years ago on Oil opponents now seeking 'Xmas miracle'

Oil opponents now seeking 'Xmas miracle'

The miracle will be finding oil for the Bahamas. Good luck to the company and drill safely.

1 Vote

ColumbusPillow 3 years, 12 months ago on Can tourism and oil co-exist?

Can tourism and oil co-exist?

Oil exploration coexists with tourism at Veradero Cuba......... for the last 70 years

1 Vote

K4C 3 years, 12 months ago on Can tourism and oil co-exist?

Can tourism and oil co-exist?

United Arab Emirates produces 3.8 MILLION barrels per day of oil, that's the country that has that resort place called Dubai

just saying

1 Vote

JokeyJack 4 years ago on AG: New tax for BPC if royalties 'abysmally low'

AG: New tax for BPC if royalties 'abysmally low'

"Instead of renegotiating higher royalty rates for the benefit of the Public Treasury and proposed Sovereign Wealth Fund, Mr Bethel said his predecessors left the structure that has existed from 2007 to the present day untouched and only increased the seabed lease rates for those five areas from $57,500 to $250,000."

That sounds good. Perhaps he could put his money where his mouth is by bringing a bill to the House floor that says that the oil company pays NO MONEY to the government until AFTER the sovereign wealth fund has been established?

Even more serious would be to say that the profits be split evenly among NIB accounts (of those aged 18 and over who are living) and none go to sovereign wealth fund or our infamous "consolidated" fund. That would of course mean that the Bahamian people would actually get the profits from this discovery - and we KNOW FOR SURE that can't be allowed to happen. So sit back and watch as untold amounts of money move from points A to B without us knowing the amounts or the A or the B.

3 Vote

nassau98@aol.com 4 years ago on BPC begins drilling exploratory oil well

BPC begins drilling exploratory oil well

Excellent. Drill, baby drill.

1 Vote

islandboy 4 years ago on 'Minnis can shut country but not escape oil deal?'

'Minnis can shut country but not escape oil deal?'

This country needs money. All these people who saying we shouldn't drill for oil ean makin no sense. Why leave money in the ground. If the government going to make 25% off any oil found then that's less VAT and other taxes we have to pay. Only rich people can be environmentalists. Y'all can't be suffering like most of us who been without jobs for months and eating fire engine every day. Let the people dem at least drill to see if anything there. I read up and it says they only gat a 35% chance of finding anything so I don't understand what all this noise about. Chances are they aint ga find nothing but at least they should check to see if we have anything. The govment could then try to renegotiate on what the payout will be. Yinna people who living out west in ya big house ain't feeling no pressure. This country needs money!!!!!