The Conservative Cave
Current Events => The DUmpster => Topic started by: franksolich on January 18, 2010, 03:31:08 PM
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http://www.democraticunderground.org/discuss/duboard.php?az=view_all&address=389x7497628
Oh my.
The usual Yugo defenders don't show up at this campfire; maybe Doug's ex-wife is too busy fixing supper right now to see it.
naaman fletcher (801 posts) Mon Jan-18-10 02:43 PM
Original message
Venezuela natural gas auction closes with no offers (no surprise there)
CARACAS, Jan 18 (Reuters) - Venezuela's Mariscal Sucre project, which has estimated reserves of 14.7 trillion cubic feet of gas, has failed to attract private interest after the government invited firms to make offers last week.
http://www.reuters.com/article/idUSN1816127120100118?ty...
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Does Chavez think these companies are stupid? Gee, let's put up billions of our own money and expertise, and then in a few years when the project is ready he can come in and buy us out on terms that he dictates. Hmm. No thanks.
RB TexLa (1000+ posts) Mon Jan-18-10 02:49 PM
Response to Original message
1. Why would they waste the time in doing this? Just find out if anyone was stupid enough to make an offer?
Enrique (1000+ posts) Mon Jan-18-10 02:51 PM
Response to Original message
2. so much interest in Venezuela's energy policy and in their monetary policy and in their waste disposal policy and their animal control policy.
It's almost like Venezuela is our own country.
naaman fletcher (801 posts) Mon Jan-18-10 02:55 PM
Response to Reply #2
3. Ha.
I love the silly chavezistas. You make my day. I'll bet you don't comment about other countries on DU? Or are you a hypocrite?
timeforpeace (1000+ posts) Mon Jan-18-10 02:56 PM
Response to Original message
4. Buy them out? He seizes them. That's why there are no bidders.
naaman fletcher (801 posts) Mon Jan-18-10 04:24 PM
Response to Reply #4
5. He actually does pay...
But it's not fair market value. He's basically paying just enough to make it not worth the time of the company to pursue international litigation.
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I'm not sure, but I think this means the entire country of Venezuela could explode. 14.7 trillion cubic feet? It only took 12 lb. of propane to disintegrate Beth.
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Chavez has also assumed the debts of many of the companies they have taken over, :lmao:, idiot. You do realize the amount of oil coming out of VeneZimbabwe is going to be dropping like a stone any time now, don't you?
lol. They can't even keep their power turbines repaired because has been stealing all the money for a decade, and their blaming it on a water shortage in the Guri, which is a lie. 8 of 20 turbines are DOWN.