Monday, February 11, 2008

Poor Baby

You steal billions from an independent company, then complain when they sue? You've got my sympathy, dipwad.
Last week, Exxon Mobil obtained a court order freezing up to $12 billion of Venezuela's state-owned oil company's worldwide assets after the Chavez government forced the company out of two joint ventures last year.

Britain's High Court barred Petroleos de Venezuela S.A. (PdVSA) from selling assets up to that amount, Exxon Mobil spokeswoman Margaret Ross said last week.

The judgment stems from Venezuela's June decision to take control of two projects it had entered into with Exxon, the world's largest publicly traded oil company.

Exxon came up with the idea. Exxon did the legwork. Exxon probably provided most of the starting capital. Venezuela nationalized stole the venture. Twice.

Cry me a river.

Even better, he's planning on dropping the remains of his economy in the toilet.
"We are not going to send oil to the United States."

The United States is Venezuela's biggest customer for the oil-rich nation's petroleum products, importing about 1.4 million barrels of oil per day from Venezuela, according to the U.S. Department of Energy. Exxon Mobil did not immediately return a call on Sunday seeking comment.

Now, the interesting part. If he does cut off oil shipments to the U.S. and we DON'T invade, will the BDS of the "No more war for oil" idiots get turned off? They are our second biggest OPEC supplier.

Via Tam.

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