[spyone]

I was disappointed when the USA was placid at the oil expropriation(Exxon, Chevron, etc). This has enboldened them. Communists will continue to encroach on other peoples property until they are pounded down. Will be interesting to see what happens with Citgo.

[Big_Monkey]

"Will be interesting to see what happens with Citgo.

Foreign investment in US companies can certainly be a great thing with great upside. Unfortunately, it can also have some downside as well. I suspect will be seeing more downside in the coming months, rather than up.

[SAJ]

Too bad you weren't around when Venezuela expropriated Creole Petroleum in 1974 (a subsidiary of then-Standard Oil of NJ, later Exxon). That's right: Exxon's brilliant managers have been expropriated TWICE by the same assholes. Different set of assholes, to be sure, but the same bunch at bottom.

That wasn't Chavezz doing the expropriating, either. He was in school at the time.

Point is: don't invest in Venezuela or Mexico EVER, unless -- as our fellow FReeper Eric-in-the-Ozarks says, you can arrange to take hostages.