Chavez Regime Nationalizes U.S. Oil Rigs

The New American ^ | 6/29/2010 | Alex Newman

[macquire]

My history is muddled, but isn’t that an ACT of WAR?

[Dr. Bogus Pachysandra]

Sluggo learned this cr@ppy trick from Castro.

[FormerACLUmember]

Chavez is currently restructuring CITGO to hide its assets from international justice for the people Pig Boy Chavez has swindled.

[Ancient Drive]

don’t these oil rigs have GPS or Sat Links? I’m sure a crafty, well versed haxor could get in.

[C19fan]

The U.S. government said Venezuela should accept its obligations in the current rig dispute. “We would just call on them to — if they did make such a move — to compensate the owners of those wells," a State Department spokesperson told reporters last week.

Chavez's resonse:"Que pasa con las acciones de GM y Chrysler"

[C19fan]

/src on/That is so 19th century thinking, hee hee/src off/

[MrB]

I was wondering what the difference between

“nationalizing” and “outright theft” was...

Of course, the same could be said of “redistribution of wealth”.

[SueRae]

Isn’t this an act of war? Of course, that would only matter if we actually had an administration that was looking to provide for our defense.

[C19fan]

Of course I messed up the Spanish word for bond, should be bonos.

[TexasCajun]

I'll never understand why H&P took such a risk, they knew this might happen.

Well, I do understand. In 2008, the US land rig count was 50% of what is was the year before, around 2000 active US land rigs. ...in 2008, the number fell to 800+.

The US Rig active rig count is now back up to 1500+

[RightWingConspirator]

Should rename them “regressives”.

[BradtotheBone]

Why don’t we just Nationalize some of his retail outlets here in the US then?

[Eric in the Ozarks]

The Great White Fleet.

[Eric in the Ozarks]

VZ’s national oil company owns a nice refinery in the Chicago area, probably worth $5 billion...

[skimbell]

Here's the answer...