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How Chevron turned the tables in Ecuador
FuelFix ^ | 6/29/13

Posted on 06/30/2013 6:46:16 AM PDT by LibWhacker

Edited on 06/30/2013 6:47:02 AM PDT by Admin Moderator. [history]

San Francisco

(Excerpt) Read more at fuelfix.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; News/Current Events
KEYWORDS: chevron; ecuador; rainforest; rainforestpollution; tables; turn

1 posted on 06/30/2013 6:46:17 AM PDT by LibWhacker
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To: LibWhacker

The socialists on Reddit are throwing apoplectic fits over Singers’ tactics... Perhaps because they know the American Left is guilty of the same kind of corruption and susceptible to the same tactics?


2 posted on 06/30/2013 6:51:04 AM PDT by LibWhacker
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks LibWhacker.
Faced with a $19 billion fine for polluting Ecuador’s rainforest, Chevron Corp... [by] lawyers who sued... winning that eye-popping judgment, have... [been] hauled... into court in New York, accusing them of fraud and extortion. The company has gone after Ecuador’s judicial system as well, claiming judges there conspired with the other side.

3 posted on 06/30/2013 7:16:50 AM PDT by SunkenCiv (McCain or Romney would have been worse, if you're a dumb ass.)
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To: LibWhacker

Th dirty little secret that the environmentalists do not want people to know is that crude oil and refined from crude products are FOOD to the biosphere. In warm climates, they are eaten in a short time frame and have little to no long term effect.


4 posted on 06/30/2013 7:33:31 AM PDT by El Laton Caliente (NRA Life Member & www.Gunsnet.net Moderator)
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To: LibWhacker

In like fashion why can’t Paula Dean like situations counter sue the attackers for something like tortuous interference with a contract?

Most of the attacks from the left are extortion.


5 posted on 06/30/2013 8:02:46 AM PDT by Sequoyah101
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To: LibWhacker

Not mentioned in the article is the fact that the alleged environmental damage was originally done by Texaco before Chevron bought them out. The original judgment was settled by Texaco and had nothing to do with Chevron until shady lawyers and environmentalists realized the buyout provided them with even deeper pockets to go after.

Fair disclosure - I am a Texaco/Chevron stockholder and I am very happy with the way Chevron has handled this extortion attempt.


6 posted on 06/30/2013 8:08:58 AM PDT by slumber1 (My real name is Rusty Shackleford)
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To: All
THIS MADE ME LAUGH OUT LOUD: Carney said at the presser Snowden’s claim to support transparency was belied by his choice of safe havens — Russia, China and Ecuador........ “His failure to criticize these regimes suggests that his true motive throughout has been to injure the national security of the United States, not to advance Internet freedom and free speech,” Carney said (with a straight face).

I guess this dumb schnook and his ignorant boss in the WH haven't heard the latest (cackle).

Snowden seeks asylum in corrupt Ecuador---b/c he knows sap-happy Ohaha wont queer that deal. Ecuadorians are Third World latinos---O needs them to stay in power another 10-20 years.

(Wiki leaker Julian Assange is staying at Ecuador's embassy in Britain---his group is financing fellow-leaker Snowden)

BTW, the US has no diplos in Ecuador---they threw out the one we had b/c our diplo squealed on their corruption and heroin drug-running.....but Ecuador still gets some $35 million foreign aid from the US........PLUS.

How much do Ecuadorians living here illegally send back to the corrupt federales? And how did Ecuador influence the "reform bill" to solidify THEIR interests.

For example---The corrupt Dominican Republic depends on the BILLION US tax dollars PER YEAR its illegal populations in the US send back home to the poverty-stricken Third World hellhole.

=================================================

The stranglehold corrupt Third Worlds have on the US was never more apparent.

========================================

Snowden's no hero-----but he's making Obama and Holden look like the idiots they are.....guy is globe-trotting, using US secrets as trading cards.....and O/Holder can't seem to do a dam thing about it.

7 posted on 06/30/2013 8:30:10 AM PDT by Liz
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To: slumber1

True, the damage - such as it was - was done by Texaco, not Chevron, but in purchasing Texaco, Chevron assumed its liabilities - such as this.
More to the point, the Ecuadorian national oil company - Texaco’s ‘partner’ - took over the oil fields a while ago, and the government accepted the status of the properties as appropriately cleaned-up at the time. The Ecuadorian company has been operating the properties since then, and if you are familiar with the diligence (or lack thereof) given to safety and environmental issues by national oil companies (especially but not exclusively Third World ones) you would assign blame for most environmental damage to the Ecuadorian company, not Texaco or its successor, Chevron.


8 posted on 06/30/2013 8:32:40 AM PDT by Glenmore
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To: Sequoyah101
Most of their attacks ARE extortion, I agree. The GOP needs to hire Singer and a whole bunch more just like him. This could be the way forward.

But it's not going to be easy.

The company has gone after Ecuador’s judicial system as well, claiming judges there conspired with the other side.
The American Left has infiltrated the judicial system and is in the process of dismantling the Constitution. It goes far beyond merely conspiring with the Left. Unlike Chevron's lawyers, the GOP has no third country in which they could bring suit against the DNC... or does it?
9 posted on 06/30/2013 8:44:07 AM PDT by LibWhacker
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To: Glenmore
. . . if you are familiar with the diligence (or lack thereof) given to safety and environmental issues by national oil companies (especially but not exclusively Third World ones) you would assign blame for most environmental damage to the Ecuadorian company, not Texaco or its successor, Chevron.

I used to work for a rent-a-rig company and was sent down to their Venezuelan oil camps to install software. At Ciudad Ojedo we went out to some barges on Lake Maracaibo to see how things operated there.

The lake was a dirty yellow close to shore but as you got out to where the rigs were, it was a nice clean-looking blue, with fresh-water dolphins cavorting about. I mentioned to the boss that it looked liked the barges were polluting the lake with their discharges.

He told me something that I have used on the "environmentalists" ever since. He said, "We live on this planet too, and don't like what's going on, but it's not the oil companies, but the government which will screw up everything in sight to get that extra buck."

10 posted on 06/30/2013 8:45:24 AM PDT by Oatka (This is America. Assimilate or evaporate.)
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To: LibWhacker

I can think of a place in Florida that could use Chevron’s attorneys next.


11 posted on 06/30/2013 9:40:34 AM PDT by Cyber Liberty (I am a dissident. Will you join me? My name is John....)
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To: Glenmore

My child just returned from studying abroad in Ecuador for a semester. Part of the internship portion included walking around and documenting where there was still oil laying about. Quite a few photos were taken, to show the abject carelessness by the ‘American’ corporations how take advantage of the po po Latin Americans, left to clean up the mess that big bad oil companies left behind.

I don’t know what the real truth is, the photos my child took looked pretty damning. And yet, your comment suggests the real accountability rests with those in Ecuador currently.

If you would be so kind, perhaps you can give me some valuable insight to what the reality is currently. Of course the program did all it could to convince the kids that America is to blame, as usual. Just seeking a better understanding here. Thanks in advance.


12 posted on 06/30/2013 10:46:14 AM PDT by AllAmericanGirl44 ('Hey citizen, what's in YOUR closet?')
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To: AllAmericanGirl44

Texaco ceased operations over 20 years ago. Its former partner, PetroEcuador has been operating the fields since that time. Prior to ~1975 there was little general awareness of environmental impact of oil production (Ecuador or elsewhere.) For 100 years it was standard practice to dig a big pit, line it with clay, and dump the oil & water mix that came out of the ground into the pit to at least partially separate. When the need was over the pits would just be bulldozed over, with quite a bit of oil saturated dirt beneath and in the pit. Texaco, as part of their exit agreement with Ecuador in 1992, remediated (dug up and cleaned up) its share of the pits, and areas around processing equipment where spills - generally small - had occurred. The government accepted the results. I suspect PetroEcuador did NOT remediate its share of the old pits and spills, and Texaco/Chevron is being blamed/held responsible for them. I am also fairly confident (though no proof or first hand knowledge) that PetroEcuador has continued to operate with limited care for cleanliness. I DO know that when operators in US waters have spills - usually measured in ounces, and less than you spill when you change your car’s oil - they are immediately self-reported and if possible, remediated. Some years ago Greenpeace was protesting drilling operations off Destin, Florida and was taking pictures of the oil sheen on the water - which could be seen from the height of the rig floor to be emanating from the outboard motor of the Zodiac the protesters were using.


13 posted on 06/30/2013 11:46:20 AM PDT by Glenmore
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To: Glenmore

Thank you for taking the time to enlighten me on this subject.

Much appreciated.


14 posted on 06/30/2013 11:51:02 AM PDT by AllAmericanGirl44 ('Hey citizen, what's in YOUR closet?')
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