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Author Topic: Chávez reopens oil bids to West as prices plunge  (Read 3193 times)

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Offline BlueStateSaint

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Chávez reopens oil bids to West as prices plunge
« on: January 15, 2009, 05:04:14 AM »
Oh, the irony . . . Chavez is such a hosebag. :loser: :naughty: :bird:

Quote
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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Offline JohnnyReb

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #1 on: January 15, 2009, 06:44:25 AM »
 What's the matter?......Chávez need to steal some more oilfield equipment?
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Offline Peter3_1

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #2 on: January 15, 2009, 02:46:19 PM »
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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Offline TheSarge

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #3 on: January 15, 2009, 02:49:30 PM »
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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Offline JohnnyReb

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #4 on: January 15, 2009, 03:39:35 PM »
Don't offhand know what it closed at but oil hit $34 a barrel one time today.
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“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline Peter3_1

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #5 on: January 15, 2009, 03:49:35 PM »
And that's light, sweet ArBIAN CRUDE. Hugo's would be less. :thatsright:
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Offline Lacarnut

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #6 on: January 15, 2009, 04:15:30 PM »
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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Offline Mr Mannn

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #7 on: January 15, 2009, 05:29:02 PM »
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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Offline docstew

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #8 on: January 15, 2009, 05:57:30 PM »
Quote from: Mr Mannn on January 15, 2009, 05:29:02 PM
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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Offline Baruch Menachem

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #9 on: January 15, 2009, 06:15:21 PM »
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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Offline PatriotGame

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #10 on: January 15, 2009, 10:30:44 PM »
Quote from: BlueStateSaint on January 15, 2009, 05:04:14 AM
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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Offline Sam Adams

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #11 on: January 16, 2009, 03:33:46 AM »
Money talks, America haters and socialists walk.
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Offline jinxmchue

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #12 on: January 16, 2009, 12:40:24 PM »
Suck it, Hugo.    :bird:
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Offline miskie

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #13 on: January 16, 2009, 06:47:32 PM »
Quote from: jinxmchue on January 16, 2009, 12:40:24 PM
Suck it, Hugo.    :bird:

Thats my take on it as well. Let him fail - let his people end his reign.
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Offline Jim

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Re: Chávez reopens oil bids to West as prices plunge
« Reply #14 on: January 16, 2009, 09:07:56 PM »
Quote from: jinxmchue on January 16, 2009, 12:40:24 PM
Suck it, Hugo.    :bird:


suck it long and hard and choke to death you pathetic goon
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