What is your opinion of nationalized energy? What are the pros and cons of a nationalized energy sector vs capitalist energy sector? I know that the U.S. has always been very strongly against nationalization specifically of energy (oil). A good deal of Americas foreign activities throughout the century have been dedicated specifically to keeping oil production all over the world a capitalist enterprise. In terms of U.S. interests, what is the difference between a foreign country nationalizing, or capitalizing oil? And on the flip side, what is the difference for the foreign country? Besides the obvious fact that oil industry is way to powerful to let it ever happen, what would be the consequence of nationalizing United States energy resources including oil, coal, and natural gas?