Quote Originally Posted by Sarmatian View Post
There are different levels of exploitation.

A crude example, there's a patch of sand somewhere in the world. Tomorrow oil is found. A foreign country comes over there and starts drilling. Out of the oil taken the residents of the patch of sand get 20% and the foreign country 80%. The residents of the patch of sand are infinitely richer than they were, yet it's still exploitation by the foreign country.

I don't see what is so difficult to grasp about the concept.
That's a bad example. Oil is almost universally taxed at around 90%. Oil creates extreme wealth for all countries it is found in, and the vast majority of the wealth stays with the country it is found in.

The reason why it so rarely benefits the general population is due to corruption by national officials. You can't blame BP for their scams.