PING – Hugo is at it again!
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Posted on 04/01/2006 1:59:31 AM PST by peyton randolph
Venezuela is tightening its squeeze on the oil industry, telling oil companies to give the state a greater share of profits — or get out...
After snubbing Exxon Mobil, Ramirez said Venezuela has other eager partners, including state companies from Russia, Iran, China, India, as well as traditional oil companies...
Irving, Texas-based Exxon Mobil has often been the lone challenger to the government...
(Excerpt) Read more at news.yahoo.com ...
Chavez dictates the rules...Exxon will pay up, IMO.
Just wait till Russia, Iran, China, India begin to dictate to Chavez how to run things.
Give Chavez his rope. The moron will hang himself by tripping over it.
Pat Robertson, is that you again?
Oil companies brag about their largest profits, ever...CEO's wages go into the double digit millions not counting bonuses...Stockholders are laughing all the way to the bank...
Gas is pushing 3 bucks per gallon in the U.S. with no justifiable reason other than greed...And what is the price in Europe???
So Chauvez says if you're going to rob the people, I'll rob you guys...
Chauvez sells oil to poorer Americans far cheaper than the major oil companies will...
Sounds like a modern day Robin Hood...
Sounds like a modern day Robin Hood...
Are you kidding. Well your half right. He's no Robin though, just a Hood.
I prefer a constitutional type of gov't...Like the one we used to have...This Chauves is not my type of leader...
I don't have the power to 'stick it' to the greedy oil companies...So I get a kick out of it when someone else does...
Oh contrar. I walk, ride bikes for short trips, city bus, longer ones on my motorcycle that gets 60mpg. Lots of things you can do! But "stickin it" to a business sounds like a demo rat/liberal/socialist thing to do.
Business operates on supply and demand. Why do you think the price of Cocaine is so high. (so I've heard)
Because like oil, a very few suppliers control the supply...
The oil stockholders who are our gov't allowed the suppliers to merge into 'almost' one supplier...That eliminated competition...
The supply and demand is, 'we got the supply and you got the demand, sucker'...Now pay up...
You stick it to 'em one way, Chauves does it another...
I saw no where in the rules that conservatives are supposed to 'suck it up' when being robbed by the capitalists...
The guy steals from his poor to give to other countries' poor? That just what Mao did when tens of millions of his people starved.
LOL!!! You just hate "The Man," whether it's an oil company, a government, or a church.
I know people like you, but they're all teenagers.
Fact is, I love my church...I'm not too keen on our current gov't...And robber barons aren't on the top of my list either...Nor are one world globalists...
Nationalizing the oil industry in Venezuala (that's communism in action) is no solution.
And speculators are the ones pushing up the price of a barrell of oil whenever a bomb goes off or a threat is uncovered (and does NOT affect production or supply).
Will you be thrilled when old Hugo sticks it to all the oil companies not owned by other Commies and nationizes all the oil as soon as they have made their heavy-duty investments in the oil fields and are sucking it out of the ground? Think I'm just guessing? Read some of the history of any industry that has set up business to extract any commodity out of almost any country in S.A. Any investor who buys into any company doing business in Venezuela should be prepared to take it up the shorts because that's what's coming just as soon as Hugo gets them to build it for him. Doing business with Hugo is going to be about as profitable in the long run as buying a lottery ticket, only this will be a REALLY expensive lottery ticket.
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