Venezuela seizes oil rigs owned by US company

Associated Press ^ | June 24, 2010 | FABIOLA SANCHEZ

[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 ...

[bboop]

I bet Obama’s disappointed that Chavez got to them first. Or maybe he is just taking notes on how to do it.

[edcoil]

At one time, marines were used when foreign governments seized our property.

[edcoil]

At one time, marines were used when foreign governments seized our property.

[RWB Patriot]

At one time, American politicians had brains and balls.

[WHBates]

Sounds like Obama. When I was young, and we had a functional government, the president would order the navy to seize the rigs and protect U.S tax payer property. I miss those days.

[Secret Agent Man]

Hello, Obama? A foreign company just took over rigs from a US company? Sitting on your ass doing nothing? Doing the takeovers you don’t want to do? Too busy f-ing around playing golf?

Unprecedented magnitude of ineptness in the White House these days.

[dragnet2]

"Helmerich & Payne: We stated repeatedly we wanted to return to work, just not for free," he said. "We are surprised by yesterday's announcement only because we have been in ongoing efforts in a good faith attempt to accommodate a win-win resolution, including a willingness to sell rigs."

No sale....They just took them....

Looks like Helmerich & Payne got screwed.....

[taxcontrol]

Hey Obama, here is yet another 3 am call.

[allmost]

A wink and a nod from one illegitimate ‘leader’ to another

[Bubba_Leroy]

Coming soon to an Obamanation near you!

[BitWielder1]

That is an act of war. But 0 will do nothing and Chavez knows it.

[RWB Patriot]

Hmm, where’s Ellis Wyatt and Francisco d’Anconia when you need them.

[JPG]

It will not be long before Chavez is “seized” and it won't be pretty. Hugo is a fool. Obama, take note.

[wally_bert]

0 probably called and congratulated him on his initiative.

[sodpoodle]

Except for the Panama Canal 1964 & 1977 - guess which Presidents?

[PMAS]

keep boycotting Citgo

[Las Vegas Ron]

Or maybe he is just taking notes on how to do it.

He's warming up for his takeover of BP.

[Dr. Bogus Pachysandra]

Following in castro’s footsteps. fidel did the same stuff!

[Cyclone59]

keep boycotting Citgo and ZX