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To: marron

Ecuador has also recently confiscated over $1 billion US dollars in assets of Oxy petroleum.


6 posted on 01/20/2007 3:28:11 PM PST by mgist
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To: mgist
After Occidental Petroleum's record with Kaddafi in Libya, I shed no tears for them.

Evo Morales is pursuing his own nationalization of oil and gas production in Bolivia. It's supposedly a fact of law right now, but four Bolivian states have declared themselves "autonomous" from Morales' government recently and it does not appear that the nationalization is being fully enforced.
7 posted on 01/20/2007 3:33:50 PM PST by StJacques (Liberty is always unfinished business)
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To: mgist

They just woke up to the fact that their oil production is off this year, going down, and they don't know what to do about it.

They just kicked out their largest investor.

Retards.


8 posted on 01/20/2007 3:34:03 PM PST by marron
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