Guess who wins in this billion-dollar expropriation of a U.S. company's assets? Guess who gets to paw through all the fancy drilling equipment?
Oxy -- Don't I remember that as Al Gore's big claim to wealth is his holdings in that oil company? Didn't his Dad hand him a large number of shares?
Venezuela can't operate their own stolen equipment. This ought to be fun to watch.
Someone needs to let a liberal in on the secret, which this is. An actual example of when a government steals oil fields and related equipment.
But hey, when has the facts mattered to that crowd, besides their socialist governments...they get a pass.
Ha, Gore Sr, the Senator From Occidental "in my back pocket" as Armand Hammer used to brag.
The main reason the Western companies went back into Venezuela etc ten or fifteen years ago was that the state companies had fallen behind on technology & know-how and needed help. The same is true of Pemex (Mexico) but they haven't done much more than offer a few piddly contracts here & there (yet).
Why is Hugo still around?