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To: Olog-hai

Baffled why a private company is being “ordered” to do something. Private companies should not be used as a “tool” in international diplomacy unless they are compensated. The Constitution requires “Just compensation” for a “taking” and Chevron should be kept whole.

And yes Venezuela deserves to be embargoed and pressured.


13 posted on 04/21/2020 7:35:45 PM PDT by Drango (1776 = 2020)
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To: Drango

Private companies have certainly been used as “tools” of international diplomacy in the past.

Remember Pan-American World Airways? United Fruit Company?


15 posted on 04/21/2020 8:07:23 PM PDT by Nothingburger
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To: Drango
Baffled why a private company is being “ordered” to do something.

It's the same thing as when there were sanctions and embargoes on Iraq. Companies were not allowed to sell to Saddam Hussein or buy his oil.

Remember the United Nations scandal over the "Oil for Food" program to allow Iraq to sell oil only for humanitarian aid, only to find corruption and diversion of funds by major European companies?

Companies like Chevron maintain sanctioned-country lists in their compliance departments to regularly audit themselves to ensure they don't do business with embargoed countries, or with other companies that do business with embargoed countries.

President Trump isn't singling out Chevron, he's embargoing Venezuela, and it's just that Chevron is the only American oil company still doing business there.

-PJ

17 posted on 04/21/2020 8:24:57 PM PDT by Political Junkie Too (Freedom of the press is the People's right to publish, not CNN's right to the 1st question.)
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