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To: Libloather

I’m not so sure that there will be as quick of a rush down to Mexico as they expect; this feels just like the bait and switch - come develop our fields, we’ll nationalize them as soon as they are producing so we can do this again in 20 years.


4 posted on 12/16/2013 4:03:02 PM PST by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: kingu

I’m not so sure that there will be as quick of a rush down to Mexico as they expect; this feels just like the bait and switch - come develop our fields, we’ll nationalize them as soon as they are producing so we can do this again in 20 years.

Or it is to get more payolla, ahem I mean contributions. They will either get more money from the existing players and drop their threat, er plans, or will invite in new better funded players.


8 posted on 12/16/2013 4:07:00 PM PST by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: kingu
this feels just like the bait and switch - come develop our fields, we’ll nationalize them as soon

That should then give the oil companies a good 17 years of profits based on a 3 year ROI.

Also, if you are smart enough to see that, I think the oil companies are as well and will protect themselves accordingly.

19 posted on 12/16/2013 4:15:46 PM PST by Michael.SF. (I never thought anyone could make Jimmy Carter look good in comparison.)
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To: kingu

This is not 1937. We can hope that the Mexican elites learn the right way to nationalize the industry.


22 posted on 12/16/2013 4:21:05 PM PST by RobbyS (quotes)
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To: kingu
4 I’m not so sure that there will be as quick of a rush down to Mexico as they expect; this feels just like the bait and switch - come develop our fields, we’ll nationalize them as soon as they are producing so we can do this again in 20 years.

I seem to remember something like that back in the 1970s when PEMEX was bragging how much $$$ it was going to make off the U.S.

27 posted on 12/16/2013 4:27:10 PM PST by MacNaughton
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To: kingu
I’m not so sure that there will be as quick of a rush down to Mexico as they expect; this feels just like the bait and switch - come develop our fields, we’ll nationalize them as soon as they are producing so we can do this again in 20 years.

My thoughts exactly.

40 posted on 12/16/2013 4:43:34 PM PST by Fzob (Jesus + anything = nothing, Jesus + nothing = everything)
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To: kingu
I’m not so sure that there will be as quick of a rush down to Mexico as they expect; this feels just like the bait and switch - come develop our fields, we’ll nationalize them as soon as they are producing so we can do this again in 20 years.

There will be a huuuuuge rush down to Mexico to invest in their oilfields. Good for them, good for us.

41 posted on 12/16/2013 4:43:53 PM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: kingu
come develop our fields, we’ll nationalize them as soon as they are producing

Same thing happened with D'Anconia Copper ;-)

43 posted on 12/16/2013 4:45:26 PM PST by Fast Moving Angel (It is no more than a dream remembered, a Civilization gone with the wind.)
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