I bet Sean Pinhead and Oliver Stone are overwhelmed with joy!
http://news.yahoo.com/s/ap/20100624/ap_on_bi_ge/lt_venezuela_oil_rigs_2
http://news.yahoo.com/s/ap/20100624/ap_on_bi_ge/lt_venezuela_oil_rigs_2
What will the Obama administration do in reaction to this?
I'm guessing one of two things. Nothing, or send some high ranking officials in to find out how they did it. Just in case information such as that could be useful some day. Just in case, that's all.
Maybe we should nationalize Citgo and sell its assets to Chevron, Exxon, Phillips, etc.?
(not advocating this as it would open up a bad can of worms, but it would be a significant retaliation and start a trade war)
U.S. State Department spokesman Mark Toner said he hopes Helmerich & Payne is compensated and suggested the takeover and other recent nationalizations are scaring off private investment in Venezuela.
"We would just call on them, if they did make such a move, to compensate the owners of those wells," Toner said. "This is the latest in such an instance where international investors, their investments are being nationalized by the government of Venezuela. It doesn't speak or bode well for the investment climate there."
Helmerich & Payne is not the only oil services company to have complained about a delay in payments. Dallas-based Ensco International Inc. said last year that it had suspended oil drilling operations off Venezuela's Caribbean coast because Venezuela owed it $35 million prompting PDVSA to take over the company's operations.
They're probably blowing a load in their jeans right now.I wonder what Azn and steeplerot have to say about this one
This was a Private Companies assets, not the American Publics.Just bomb them to hell and back with some cruise missles or something like that. If they want to commit an act of war then lets get it on.
wow, im guessing that hugo did this because he knows Obama isnt going to do shit about it.
We should tell Venezuela if they dont release the rigs we will just blow them up with our bombers, and let the companies claim a loss on their assets, which they will probably do anyway.
They someone to clean the latrines in Venezuala?Freakin' garbage. I'll volunteer to go straight to Venezuela from Afghanistan. Chavez has lasted long enough.
