[Senator Clay Davis]

Royalties, eh, not really, it might accelerate the process of collecting revenues, but those revenues would get collected eventually anyways, so thats a wash to me.

Foreign investment is fine by me, though its problematic when its foreign government investment and not foreign corporate investment. As has been mentioned a state-run oil company doesn't have the same problems (namely cashflow) that most public companies do.

Employment, well I guess we'll see. As it is most O&G companies can't find enough people for the positions they need, so I'm not sure how much more they can help in creating jobs in a sector that is currently desperate for more employees.