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2007-05-01 Caribbean-Latin America
Venezuela seizes last private oil fields
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Posted by mrp 2007-05-01 16:04|| || Front Page|| [6 views since 2007-05-07]  Top

#1 So... we can pretty much expect the flow of oil from Venezuela to creep to a trickle as the hardware and infrastructure goes to hell.
Congratulations, Chavez. Not many tinpot dictators can completely cut their own throat. Have a cuban cigar.
Posted by DarthVader">DarthVader  2007-05-01 16:47||   2007-05-01 16:47|| Front Page Top

#2 "He says radical changes are needed to help the poor him benefit more from the country's oil wealth."

There - fixed.
Posted by Barbara Skolaut">Barbara Skolaut  2007-05-01 16:57|| http://ariellestjohndesigns.com/]">[http://ariellestjohndesigns.com/]  2007-05-01 16:57|| Front Page Top

#3 he's just following the Mugabe code. You know it has worked so well in Zimbabwe.
Posted by sinse 2007-05-01 17:17||   2007-05-01 17:17|| Front Page Top

#4 that is mugabe isn't it the list of dumbasses is getting too be so long
Posted by sinse 2007-05-01 17:17||   2007-05-01 17:17|| Front Page Top

#5 Photo Sharing and Video Hosting at Photobucket
Posted by Anonymoose 2007-05-01 17:43||   2007-05-01 17:43|| Front Page Top

#6 Whoever decides to stay better never reveal how things run to the locals, better only have compiled code running on the computers controlling the refineries, better have some backdoor into those computers for when they get kicked out permanently, and better work on a "pay as you go" basis.
Posted by gorb 2007-05-01 18:10||   2007-05-01 18:10|| Front Page Top

#7 The oil companies, meanwhile, still needed convincing that Venezuela will be a good place to do business.

Chavez is very chummy with Castro and ideologically about the same--commie. After the Cuban revolution, Castro expropriated stole American businesses. No reason to think Chavez will do things much differently.
Posted by JohnQC 2007-05-01 19:34||   2007-05-01 19:34|| Front Page Top

#8 Beware the Y2K08 bug.
Posted by ed 2007-05-01 19:38||   2007-05-01 19:38|| Front Page Top

#9 What is the Y 2008 bug?
Posted by JohnQC 2007-05-01 19:42||   2007-05-01 19:42|| Front Page Top

#10 It's a secret.
Posted by ed 2007-05-01 19:50||   2007-05-01 19:50|| Front Page Top

#11 I can guess at the devious nature of such a bug.
Posted by JohnQC 2007-05-01 19:55||   2007-05-01 19:55|| Front Page Top

#12 Here's it's grand pappy, the Y1982 bug.
Posted by ed 2007-05-01 20:02||   2007-05-01 20:02|| Front Page Top

#13 BP PLC, ConocoPhillips, Exxon Mobil Corp., Chevron Corp., France's Total SA and Norway's Statoil ASA remain locked in a struggle with the Chavez government over the terms and conditions under which they will be allowed to stay on as minority partners.

These fools should have planted satchel charges and blown the hardware to hell moments after Chavez's announcement. Any rebuild contracts would have to include reimbursement for the replacement cost of all that damaged equipment.

Assholes like Chavez cannot be trusted. It's like trying to befriend a scorpion.
Posted by Zenster">Zenster  2007-05-01 22:44||   2007-05-01 22:44|| Front Page Top

#14 Here's it's grand pappy, the Y1982 bug.

From the above link:

Col. Vladimir Vetrov provided what French intelligence called the Farewell dossier. It contained documents from the KGB Technology Directorate showing how the Soviets were systematically stealing -- or secretly buying through third parties -- the radar, machine tools and semiconductors to keep the Russians nearly competitive with U.S. military-industrial strength through the '70s. In effect, the United States was in an arms race with itself.

So, now we're doing the same thing, only with China instead. Brilliant. If so, we'd damn well better be installing Trojan horses by the fistful.
Posted by Zenster">Zenster  2007-05-01 22:50||   2007-05-01 22:50|| Front Page Top

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