I figure he will start a war with Colombia as a means of distraction and unification of the nation. Recall the recent visits of Russian and Chinese military assets and the on going terrorism directed against Colombia from Venezulan based/backed forces.
Falling oil 1 billion dollars a month
New Russian military equipment $100’s of millions of dollars
selling out your left wing morals priceless
His last remaining assets outside of V are his associate refineries. These will go away, quite involuntarily, if crude prices stay low.
Typical stupid socialist. Promises, promises, and guts his own country's economy to try to keep them.
Step right up suckers.
This happens over and over. Russia did this over and over. Oil companies should tell Chavez to go to hell. The Venezuela oil industry will fall apart. Chavez needs oil company $$ for new equipment etc
isn’t about time for some social disruption in paradise?
HAHAHAHAHA! Dream on Chavez. You've screwed yourself royally now that the tar you call oil is virtually worthless. No sane oil company will risk capital to develop butuate in a stable country, never mind a country where short fat dictators seize the assets of companies doing business in good faith as soon as theirs money to be made.
Chavez considers HUSSEIN OBAMA from KENYA a SOCIALIST ally.
Thats why he is making his move.
Maybe Russia will bend over for them. Oops, I forgot about the money owed to Russia for all of the arms and weapons. Chavez, you are really screwed and have few friends.
Nationalizations in other sectors, like agriculture and steel manufacturing, are fueling capital flight, leaving 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.