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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: jerri
7-11 dumped Citgo several years ago.
61
posted on
06/24/2010 4:35:48 PM PDT
by
A_Tradition_Continues
(formerly known as Politicalwit ...05/28/98 Class of '98...PROCESS MATTERS)
To: dragnet2
Fred Koch developed a new refining process in the 1930’s, but couldn’t get any domestic refiners to use his new method. So, he went to Russia with the new technology. Uncle Joe Stalin nationalized his refineries as soon as they were operational.
Lesson learned. Fred came back and taught his sons to never depend upon the good wishes of any government for any venture. To this day, Koch Industries will not invest in anything where profit is controlled by government (think ethanol).
Surprised that other American companies have forgoten this lesson, especially with a socialist gov. like Venezuela.
62
posted on
06/24/2010 4:36:19 PM PDT
by
Stand W
(Fetchez La Vache!)
To: A_Tradition_Continues
7-11 dumped Citgo several years ago. That's probably what I saw happening when the Citgo signs came down.
63
posted on
06/24/2010 4:39:41 PM PDT
by
Cyber Liberty
(Build a man a fire; he'll be warm for a night. Set a man on fire; he'll be warm the rest of his life)
To: jackspyder
The Jack Squat idiotPOTUS continues to fiddle as Rome burns.....not even a peep from his lametard idiot-ridden administration.
64
posted on
06/24/2010 4:39:50 PM PDT
by
cranked
To: Cyber Liberty
7-11 dumped Citgo back in 2006. It’s been a while.
65
posted on
06/24/2010 4:41:03 PM PDT
by
A_Tradition_Continues
(formerly known as Politicalwit ...05/28/98 Class of '98...PROCESS MATTERS)
To: RWB Patriot
I think this is more of a situation requiring Ragnar Danneskjold’s skills.
66
posted on
06/24/2010 4:41:23 PM PDT
by
VRWCtaz
(America has Zero to be ashamed of.)
To: jackspyder
Thy might as well - somebody has to pump oil.
To: RWB Patriot
I know where they are. But, I’m not telling.
68
posted on
06/24/2010 4:50:18 PM PDT
by
OwenKellogg
(Don't Tread on Me)
To: A_Tradition_Continues
I remember hearing something about that but wasn’t sure how it ended.
69
posted on
06/24/2010 4:53:10 PM PDT
by
jerri
(Is it over yet?)
To: bboop
Government critics and many business owners argue the takeovers violate private property rights.
Really.
70
posted on
06/24/2010 4:57:52 PM PDT
by
keat
To: 4Liberty
71
posted on
06/24/2010 5:00:10 PM PDT
by
Mariner
(The Government-Union Complex must be destroyed)
To: Boardwalk
Better idea. Need to send obama down and let him drive a
cork in it!
72
posted on
06/24/2010 5:05:52 PM PDT
by
diji
(IF YOU DON'T STAND BEHIND OUR TROOPS, PLEASE, FEEL FREE TO STAND IN FRONT OF THEM !)
To: jackspyder
73
posted on
06/24/2010 5:10:53 PM PDT
by
tutstar
(Baptist Ping List-freepmail me to be included or removed. <{{{><)
To: jackspyder
74
posted on
06/24/2010 5:15:32 PM PDT
by
TASMANIANRED
(Liberals are educated above their level of intelligence.. Thanks Sr. Angelica)
To: bboop
As Obastard looks on wistfully...
75
posted on
06/24/2010 5:19:32 PM PDT
by
Blood of Tyrants
(The US will not die with a whimper. It will die with thundering applause from the left.)
To: jerri
711 stopped using citgo gas last year.
76
posted on
06/24/2010 5:20:15 PM PDT
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: jackspyder
Granpa, what did you do when America was dieing?
77
posted on
06/24/2010 5:21:56 PM PDT
by
Drill Thrawl
(Rahm and George at Doe's when the knife came down)
To: jackspyder
This would be an act of war....with a strong president.
To: jackspyder
This would be an act of war....with a strong president.
To: TASMANIANRED
“....Blow them up first....”
Thats what I was thinking. Hire an outfit like Blackwater to go in and blow em to smithereens...hopefully with Chevez’s goons on em.
80
posted on
06/24/2010 5:26:55 PM PDT
by
lgjhn23
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