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Chávez - Oil companies, why can't we be freinds?

RandFan

Mormon Atheist
RandFan
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Chávez reopens oil bids to West as prices plunge

President Hugo Chávez, buffeted by falling oil prices that threaten to damage his efforts to establish a Socialist-inspired state, is quietly courting Western oil companies once again.

...

But the shift also shows how the global financial crisis is hampering Chávez's ideological agenda and demanding his pragmatic side. At stake are no less than Venezuela's economic stability and the sustainability of his rule. With oil prices so low, the longstanding problems plaguing Petróleos de Venezuela, the national oil company that helps keep the country afloat, have become much harder to ignore.
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I'd kinda like to be the President
so I can show you how your money's spent

I know you're working for the CIA
they wouldn't have you in the Mafia

Why can't we be friends? --War
 
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when it gets worse, he has several social programms he can cut.
cheap oil for the Caribian and Cuba. or the Program foo cheap oil for poor US families.

but until now he didnt cut any of those programs.
and he promised that he will not touch the national social programs.

investment in non oil bussines have been made and i hope will continue.
 
while alot people seem to laugh at Chavez when they see falling oil prices. i must think of the many many families in the Barrios that are profiting so much from the oil money.

we are ALL together facing harder times.
 
Dictator Cheney said:
while alot people seem to laugh at Chavez when they see falling oil prices. i must think of the many many families in the Barrios that are profiting so much from the oil money.

we are ALL together facing harder times.
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DC while I find your views on 911 abhorrent I have to say that i believe that you are truly a good hearted person. Time will tell on Chavez. He will either win a referendum to let him run again or he will lose it again. His reaction, if he loses, will tell us if he is another Castro or not.
 
Texas said:
DC while I find your views on 911 abhorrent I have to say that i believe that you are truly a good hearted person. Time will tell on Chavez. He will either win a referendum to let him run again or he will lose it again. His reaction, if he loses, will tell us if he is another Castro or not.
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wow thanks :)

ETA: just to make clear in regard to 9/11, im not a inside jober, i am however a lihoper.
 
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Until recently, President Hugo Chávez of Venezuela had pushed foreign oil companies here into a corner by nationalizing their oil fields, raiding their offices with tax authorities and imposing a series of royalties increases. (Reuters)
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typo?
i guess they ment, the Oilfields of the Venezuelan people.
 
Venezuela reliant on oil for about 93 percent of its export revenue in 2008, up from 69 percent in 1998 when Chávez was first elected.
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while in 1997 it was at 78.7%

why was back then that number so low? was the economy better balanced then?

No, even worse, the plans of the WTO and IMF was mainly poiting at the privatisation of oil and pushing Oil production.

Would Chavez be a "free market" guy, all economists would point out how his free market policies saved live, bettered conditions etc in Venezuela. But cause he is Socialist, the better conditions are not pointed out.

for those interested about the economy pre chavez, here a few links.

http://www.converger.com/eiacab/venez.htm
http://www.wto.org/english/tratop_e/tpr_e/tp26_e.htm
http://books.google.de/books?id=WAZ...l=de&sa=X&oi=book_result&resnum=10&ct=result#
 
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Dictator Cheney said:
while alot people seem to laugh at Chavez when they see falling oil prices.
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I laugh at litle Hugo because he's going hat in hand to the oil companies whose assets he stole, but they'd be stupid to help him out because as soon as he sees fit he will take their stuff again. They'd be stupid to tell him anything but "take a hike".

we are ALL together facing harder times.
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Some worse than others. 30% official inflation rate (probably much higher in reality), shortages of basic foodstuffs, highest murder rate in the world... it sucks to be in Venezuela right now.

And all Hugo is really worried about is how this impacts his dream of being president for life.

Maybe his good buddy in Iran will help him out?
 
WildCat said:
I laugh at litle Hugo because he's going hat in hand to the oil companies whose assets he stole, but they'd be stupid to help him out because as soon as he sees fit he will take their stuff again. They'd be stupid to tell him anything but "take a hike".


Some worse than others. 30% official inflation rate (probably much higher in reality), shortages of basic foodstuffs, highest murder rate in the world... it sucks to be in Venezuela right now.

And all Hugo is really worried about is how this impacts his dream of being president for life.

Maybe his good buddy in Iran will help him out?
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Chavez himself took nothing, alot was Nationalised, so in fact, the Venezuelan people took what belonged to them after decades those companys and the oligarchs exploited the venezuelan people.

You would propably prefer that all the oil wealth flows to the richest 10% in Venezuela and the multinational companys.

Life for the poor people in Venezuela is geting better and better.
now the wealth from oil is used to feed the people, educate the kids and grown ups, free healthcare, to investments in non oil sectors etc.

Venezuela is using the oil money in a much fairer way than it was used before.
and the rich west hates him for this.

In contrary to the majority of our politicans, he is indeed working hard for the people in his country, and not for some special interests or other nations wealth.

and Venezuela has NOT the highest murder rate in the world, you bloody liar.
Colombia, Honduras and Iraq have higher murderrates, for example. but its indeed one of the problems in Venezuela.

And his plans are not finished, and he wants to continue the good work he did, so why not runn again for president?

i wonder why you hate the Venezuelan people so much. the Majority voted for Chavez, the majority relected Chavez, the majority of Venezuelans confirmed him as president in recallreferendum.

If you dont like Democracy, thats your problem, let the Venezuelans have theyrs.
 
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while Wildcat calls the Nationalisation stealing.
Venezuela offerd a compensation of 750 million US Dollars. to Exxon for example.

Exxon said no and tryed to steal billions of dollars of the Venezuelan people.
A British judge decided then in favor of the Venezuelan People.

i laugh at little Exxon :)
 
Dictator Cheney said:
while Wildcat calls the Nationalisation stealing.
Venezuela offerd a compensation of 750 million US Dollars. to Exxon for example.

Exxon said no and tryed to steal billions of dollars of the Venezuelan people.
A British judge decided then in favor of the Venezuelan People.

i laugh at little Exxon :)
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Why the hell would a British judge be deciding anything?

Pardon me if if I doubt your ability to comprehend anything you read, you've been wildly off base in the past and without a link I have no way to see if you accurately summed up the facts.
 
WildCat said:
I laugh at litle Hugo because he's going hat in hand to the oil companies whose assets he stole, but they'd be stupid to help him out because as soon as he sees fit he will take their stuff again. They'd be stupid to tell him anything but "take a hike".
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Reminds me of Mugabe. His cronies didn't know what to do with the farms they stole, the country slipped from being a food exporter to needing food aid, and Mugabe asked the white farmers to come back and help bail him out. I don't think many obliged.
 
Dictator Cheney said:
http://www.marketwatch.com/news/sto...x?guid={D63FFB66-9DD4-4B0A-B377-3C3E0BB41805}
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Exactly as I thought, you don't comprehend what you read.

The judge ruled he didn't have jurisdiction, not in favor of one party or the other. In fact, the judge did think Exxon had a case, just not in British courts:
Jeffers said the judge based his decision on jurisdictional issues, but did not question Exxon Mobil's underlying claim.

"The judge said he was persuaded that we have a case," he said.
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WildCat said:
Exactly as I thought, you don't comprehend what you read.

The judge ruled he didn't have jurisdiction, not in favor of one party or the other. In fact, the judge did think Exxon had a case, just not in British courts:
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exxon freezed money of the Venezuelan people, and the judge revoked it.
i see that as a judgment in favor of the venezuelan people :)
 
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