Venezuela seizes oil rigs owned by US company

[RedCOMET]

Venezuela says will pay for nationalized H&P rigs
Link

Rage fail

Yea... from the article:

I wonder what the "book value" is going to be coming from a government that just seized their assets. I somehow doubt it's going to take into the full cost of what they've done / costs that will now have to be incurred... especially in the area of researching new drilling locations.

I guess we'll see if the oil company goes with whatever value they come up with.

They may pay "fair value" for the rigs.. but how about the back payments that is owed to H&P? That's what started this miss.. The PDVSA needs to pay H&P for the services they provides.. which was drilling holes in the ground.

 

[palehorse]

The very idea of war for "interests" which include privately owned oil rigs should be politically incorrect, taboo, and sinful.

Mankind has been waging war over natural resources (ie. "interests") since the beginning of time. Regardless of how enlightened you think you are, nothing you say or do will ever change that fact, nor will lofty values prevent it from happening again in the future.

Remaining vigilant by fighting for and defending U.S. interests is an absolute must if we are to survive as a nation.

That said, this latest move by Chavez doesn't quite justify war... but I'm sure it's coming.

 

[palehorse]

I am sure people will shed a big tear for risk they took.

Seriously, if they KNEW stuff is getting nationalized for YEARS. And they kept at it down there?

Good old free market at work, eh gents?

Another reason to get off oil.

Are you fucking retarded? This situation is the exact opposite of a free market at work.

 

[piasabird]

We should just take the rigs back by force. If venezuela wants them, they should have to pay for them.