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Venezuela seizes oil rigs owned by US company
Associated Press ^ | June 24, 2010 | FABIOLA SANCHEZ

Posted on 06/24/2010 3:32:30 PM PDT by jackspyder

CARACAS, Venezuela – Venezuela's government has seized control of 11 oil rigs owned by U.S. driller Helmerich & Payne, which shut them down because the state oil company was behind on payments.

Oil Minister Rafael Ramirez announced that Venezuela would nationalize the Tulsa, Oklahoma-based company's rigs. He said in a statement Wednesday that Helmerich & Payne had rejected government demands to resume drilling operations for more than a year ...

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Breaking News; Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: chavez; farginwar; hugoland; oil; oilrigs; seize; venezuela; war
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To: FrankR

bookmark for later


101 posted on 06/24/2010 7:19:27 PM PDT by DrewsMum (Somebody please put the Constitution on his teleprompter....)
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To: jackspyder

War?


102 posted on 06/24/2010 7:24:18 PM PDT by Salvation ("With God all things are possible." Matthew 19:26)
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To: dragnet2
***At one time, America was not overrun with tens of millions of illegal aliens, aided and abetted by our own government.***

At one time, America was not overrun with tens of millions of of "Obama voters" either!

Unbelieveable how clueless they are!!!

103 posted on 06/24/2010 7:25:08 PM PDT by MountainDad (Support your local Militia)
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To: glock rocks

Ranya’s a lot younger, that’s for sure.


104 posted on 06/24/2010 7:28:07 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: dragnet2

You lie down with dogs... One thing pretty certain, none of the gulf rigs will be going to VZ.


105 posted on 06/24/2010 7:42:46 PM PDT by ichabod1 (I'm no longer so frightened. I'm simply disgusted, It feels better.)
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To: jackspyder

Don’t you just love that tough State Department talk.

“God, I could listen to it for hours” - Adolph Hitler


106 posted on 06/24/2010 8:19:43 PM PDT by MadMax, the Grinning Reaper
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To: dragnet2

‘If were an investor in Ensco, I’d be bailing out right now.”

If I were Ensco, I’d be scuttling them about now. See if Chavez can clean up the mess once I un-ass the AO...


107 posted on 06/24/2010 8:47:35 PM PDT by castlebrew (Gun control means hitting where you're aiming!)
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To: jackspyder

OMG!

“This is the latest in such an instance where ... investments are being nationalized by the government of Venezuela. It doesn’t speak or bode well for the investment climate there.”

This must be the Understatement of the Year.

And absurd because these rat-bastards should have their collective hiney literally whipped for their actions.


108 posted on 06/24/2010 9:06:35 PM PDT by the OlLine Rebel (Common sense is an uncommon virtue./Technological progress cannot be legislated.)
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To: jackspyder

Plug the well and blow the rig.


109 posted on 06/24/2010 9:08:45 PM PDT by struggle ((The struggle continues))
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To: struggle

You mean, spike it?


110 posted on 06/24/2010 9:10:51 PM PDT by the OlLine Rebel (Common sense is an uncommon virtue./Technological progress cannot be legislated.)
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To: the OlLine Rebel

Exactly - or even worse, place some inflatables, blow the rig legs, and tow the suckers back home.

Now that’s the American way.


111 posted on 06/24/2010 9:12:36 PM PDT by struggle ((The struggle continues))
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To: jackspyder

That’s what happens when we have an effemiate powder puff for a president. Just like having Carter back, or worse.
.


112 posted on 06/24/2010 9:15:05 PM PDT by editor-surveyor (Obamacare is America's kristallnacht !!)
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To: editor-surveyor

At least Carter was an American.


113 posted on 06/24/2010 9:15:57 PM PDT by Diggity
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To: Secret Agent Man

Just a bunch of red voting, okie oil barons...nothing of interest to obastard or any of his other piss ants.

Where is the tipping point?

How much more humiliation and destruction does the country have to endure? How much more will it stand for and how will it be stopped?


114 posted on 06/24/2010 9:21:47 PM PDT by Sequoyah101 (Half of the population is below average)
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To: RWB Patriot
"At one time, American politicians had brains and balls. "

At one time, American Presidents were Americans.

115 posted on 06/24/2010 9:22:00 PM PDT by matthew fuller (Can we repeal the twenty-sixth amendment now?)
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To: Sequoyah101

Guns and Roses.


116 posted on 06/24/2010 9:24:06 PM PDT by Cyber Ninja (Rebuke, Renounce, Repeal, Repeat,...)
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To: dynachrome

Sodium Silicate in the crankcases should do just fine.

It’ll seize the bearings in just a couple of minutes. Engines won’t be good for much but scrap afterwards.

That is what I would do. Wouldn’t put up with the crap for five minutes.


117 posted on 06/24/2010 9:27:42 PM PDT by Sequoyah101 (Half of the population is below average)
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To: Cyber Liberty

Citgo is not Valero.

Valero is a pretty good company.


118 posted on 06/24/2010 9:28:28 PM PDT by Sequoyah101 (Half of the population is below average)
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To: Cyber Liberty

Because the owners had a gut full of Citgo.


119 posted on 06/24/2010 9:30:53 PM PDT by Sequoyah101 (Half of the population is below average)
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To: jackspyder

120 posted on 06/24/2010 9:31:12 PM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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