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Caribbean-Latin America
Argentina To Nationalize Oil Company
2012-04-17
Posted by:Grunter

#14  ChinaÂ’s Oilfinder General Sinopec confirmed it was in serious talk to buy RepsolÂ’s stake in YPF for $15B.
So China will have 49% of a company that has big interests in Brazil, the Gulf of Mexico and Nigeria. Not to mention just across the ways in the Falklands or as Obama might say, the Maldives.
Interesting.
Posted by: tipper   2012-04-17 21:18  

#13  It'd be interesting, should they nationalize it, to see a real-life "Wyatt's Torch", ala Atlas Shrugged.
Posted by: JonC   2012-04-17 21:08  

#12  And Spain has vowed to retaliate harshly. I would imagine they might strike a joint venture in the new oil field recently discovered around the Falkland Island.
Posted by: crosspatch   2012-04-17 16:28  

#11  This is why the Kirchners want the Falklands (and perhaps also the Maldives) -- it's the oil, silly, and they want to do what Hugo did in Venezuela, which is to use the national oil company as a personal open-draw bank account. To do that you actually need to have oil, which the Falklands have.
Posted by: Steve White   2012-04-17 12:06  

#10  Ah, now I understand. A Spanish company owned a majority stake in it.
Posted by: Thing From Snowy Mountain   2012-04-17 12:02  

#9  It's a Spanish company, right?
Posted by: Thing From Snowy Mountain   2012-04-17 12:01  

#8  Try this link.
Posted by: Besoeker   2012-04-17 11:04  

#7  It never works. That's why stooopid people keep trying it.
Posted by: newc   2012-04-17 10:52  

#6  I can't view the linked article. We're not all registered on the same sites as you are. Please post inline text next time.
Posted by: gromky   2012-04-17 10:46  

#5  Total collapse of Argentinean economy in 5....4....3....
Posted by: Bill Clinton   2012-04-17 10:38  

#4  The Obama dream.
Posted by: Besoeker   2012-04-17 10:29  

#3  Evita V3.0
Posted by: Frank G   2012-04-17 09:51  

#2  More info not behind registration wall - here. No honor among theives socialists of varying color.
Posted by: Procopius2k   2012-04-17 09:48  

#1  This'll end well not...
Posted by: Bright Pebbles   2012-04-17 09:39  

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