The government can subsidize routes that are economically unattractive. That will cost a lot less than keeping Bahamasair alive. As for the lower prices to Florida, you are paying the difference with your taxes. There is no free lunch.
Looks like Minnis is listening to Biden who wants to shut down the economy. The financial devastation of these shutdowns will be felt for many years to come.
"We apparently live comfortably with these risks everyday". No, we are not comfortable with these risks and that is the reason the world is moving away from fossil fuel. Have you heard of renewable energy or electric vehicles?
Exactly, BP spent over $60 billion in court fees, penalties, and clean-up costs. A penny stock can't take insurance for that amount of money, although I am certain that the executives have all the insurance necessary to protect themselves.
The problem is that the Bahamas is not like Norway, Canada, or Britain. If oil is found it will look more like Venezuela. I suggest you google “Maracaibo lake oil contamination” and “Venezuela shortages” to get an idea
Proguing says...
The government can subsidize routes that are economically unattractive. That will cost a lot less than keeping Bahamasair alive. As for the lower prices to Florida, you are paying the difference with your taxes. There is no free lunch.
On Bahamasair’s revenue off a ‘staggering’ $32m
Posted 6 October 2020, 9:39 a.m. Suggest removal
Proguing says...
Looks like Minnis is listening to Biden who wants to shut down the economy. The financial devastation of these shutdowns will be felt for many years to come.
On EDITORIAL: Get ready, New Providence
Posted 6 October 2020, 8:25 a.m. Suggest removal
Proguing says...
Trump sure knows how to create a Liberal meltdown...
On Trump, still infectious, back at White House — without mask
Posted 6 October 2020, 8:20 a.m. Suggest removal
Proguing says...
Just not true anymore:
https://www.forbes.com/sites/dominicdud…
On Oil explorer: We’ve got tourism, fishing covered
Posted 5 October 2020, 5:42 p.m. Suggest removal
Proguing says...
"We apparently live comfortably with these risks everyday". No, we are not comfortable with these risks and that is the reason the world is moving away from fossil fuel. Have you heard of renewable energy or electric vehicles?
On Oil explorer: We’ve got tourism, fishing covered
Posted 5 October 2020, 4:42 p.m. Suggest removal
Proguing says...
Exactly, BP spent over $60 billion in court fees, penalties, and clean-up costs. A penny stock can't take insurance for that amount of money, although I am certain that the executives have all the insurance necessary to protect themselves.
On Oil explorer: We’ve got tourism, fishing covered
Posted 5 October 2020, 4:34 p.m. Suggest removal
Proguing says...
The problem of Venezuela is the corruption, all the money from the oil ended up in a few greasy hands
On Drilling for oil in The Bahamas
Posted 5 October 2020, 12:56 p.m. Suggest removal
Proguing says...
Trump beat the virus like he will beat Biden...
On Trump greets supporters following new details of his illness
Posted 5 October 2020, 12:53 p.m. Suggest removal
Proguing says...
We hope that he makes a quick recovery, so that he can be ready for his second term.
On Trump said to be improving but next 48 hours 'critical'
Posted 4 October 2020, 1:55 p.m. Suggest removal
Proguing says...
The problem is that the Bahamas is not like Norway, Canada, or Britain. If oil is found it will look more like Venezuela. I suggest you google “Maracaibo lake oil contamination” and “Venezuela shortages” to get an idea
On Drilling for oil in The Bahamas
Posted 3 October 2020, 7:09 a.m. Suggest removal