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To: Islander7

Russia and Venezuela have probably screwed the pooch with Western oil companies too. They fired, stole the assets or reneg on deals when oils prices were sky high. Now that prices are down - they will not have the capital or expertise to maintain their wells properly. My guess is their oil production will keep dropping.


40 posted on 12/18/2008 2:11:53 PM PST by Frantzie
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To: Frantzie

“...Russia and Venezuela have probably screwed the pooch with Western oil companies too...”

I hope so. We have corporations that have no loyalty to the USA. These globalists need to be exposed and expunged from American business.


42 posted on 12/18/2008 3:41:49 PM PST by Islander7 (This Atlas is shrugging! ~ I am Joe!)
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