The Conservative Cave
Current Events => Breaking News => Topic started by: BlueStateSaint on January 15, 2009, 05:04:14 AM
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Oh, the irony . . . Chavez is such a hosebag. :loser: :naughty: :bird:
Chávez reopens oil bids to West as prices plunge
By Simon Romero Published: January 15, 2009
CARACAS: President Hugo Chávez, buffeted by falling oil prices that threaten to damage his efforts to establish a Socialist-inspired state, is quietly courting Western oil companies once again.
Until recently, Chávez had pushed foreign oil companies here into a corner by nationalizing their oil fields, raiding their offices with tax authorities and imposing a series of royalties increases.
But faced with the plunge in prices and a decline in domestic production, senior officials here have begun soliciting bids from some of the largest Western oil companies in recent weeks — including Chevron, Royal Dutch/Shell and Total of France — promising them access to some of the world's largest petroleum reserves, according to energy executives and industry consultants here.
Their willingness to even consider investing in Venezuela reflects the scarcity of projects open to foreign companies in other top oil nations, particularly in the Middle East.
But the shift also shows how the global financial crisis is hampering Chávez's ideological agenda and demanding his pragmatic side. At stake are no less than Venezuela's economic stability and the sustainability of his rule. With oil prices so low, the longstanding problems plaguing Petróleos de Venezuela, the national oil company that helps keep the country afloat, have become much harder to ignore.
'Course, with the Obamessiah and his "Willy Loman School of Foreign Policy" credentials, this can't be properly exploited. The link is here:
http://www.iht.com/articles/2009/01/15/america/15venez.php
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What's the matter?......Chávez need to steal some more oilfield equipment?
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Little Hugo's oil is high sulpher oil, hard to refine. As his nation becomes poorer and poorer, I wonder how long it will takev the people to figure out they can't eat AK-47's, Migs, obsolete Russian warships and Subs.. And once they discover that, how long will they tolerate little Hugo and his full monte stupidity?
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The Rookie is frantically trying to put together an aid package to his Comrade Hugo as we speak.
Can't let the socialist dream fail this close to it's realization. :whatever:
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Don't offhand know what it closed at but oil hit $34 a barrel one time today.
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And that's light, sweet ArBIAN CRUDE. Hugo's would be less. :thatsright:
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Exxon has Chavez over a barrel with their suit for billions of dollars for seizing their oil field equipment. Nationalizing was not too smart even if the oil prices stayed high. This stupid commie should understand that US expertise in drilling, equipment and technical knowledge is superior to any country in the world. Venezuela's oil production is way down plus the equipment is not being properly maintained. With oil prices dropping like a rock, this yo yo wants American oil companies to bail them out.
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Any oil company would be a total loon to enter a deal with Hugo.
The moment they are done with the project, he will nationalize the new fields.
Let them eat oil. or not.
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Any oil company would be a total loon to enter a deal with Hugo.
The moment they are done with the project, he will nationalize the new fields.
Let them eat oil. or not.
any oil company that makes a deal with him deserves to have their oilfield nationalized after what he's already pulled. stupidity should have consequences.
that being said, as soon as hugo has gone the way of marie antoinette, the oil companies need to approach the new gov't (if it's pro-capitalist, anyway) and make a deal
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Exxon can offer a deal, Citgo as the trade for droppign the suit. They can then sell it for what the market will bear.
The Iranians are just as desperate, and the Russians are hurting too. Hugo can pound sand for a while.
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Oh, the irony . . . Chavez is such a hosebag. :loser: :naughty: :bird:
'Course, with the Obamessiah and his "Willy Loman School of Foreign Policy" credentials, this can't be properly exploited. The link is here:
http://www.iht.com/articles/2009/01/15/america/15venez.php
Oh how it must suck to have to SUCK America's hind tit.
Damn...I feel sort of....happy...
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Money talks, America haters and socialists walk.
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Suck it, Hugo. :bird:
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Suck it, Hugo. :bird:
Thats my take on it as well. Let him fail - let his people end his reign.
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Suck it, Hugo. :bird:
suck it long and hard and choke to death you pathetic goon