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Oil-rich Venezuela is now importing U.S. oil
cnn money ^ | 2/3/16 | Patrick Gillespie

Posted on 02/07/2016 6:36:37 PM PST by doldrumsforgop

click here to read article


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To: doldrumsforgop

They should be importing toilet paper and food.


21 posted on 02/07/2016 7:25:28 PM PST by GeronL (I remember when this was a conservative forum)
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To: Paladin2

Bush should’ve attacked Venezuela and Bolivia for nationalizing our oilfields. The government should defend the property rights of corporations run by American citizens, simple as that. We have no other choice than to defend our national interests.

Living in Boston, I hate walking past Fenway and seeing the Citgo sign. It’s a banner of socialism on free American soil.


22 posted on 02/07/2016 7:25:43 PM PST by BostonNeocon
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To: doldrumsforgop

Their government nationalized the oil industry and then turned it into a political tool where they hired so many useless people and thugs with what money it made, and then production declined because these political hires don’t know their job and the government didn’t buy parts, train workers etc

socialism fails


23 posted on 02/07/2016 7:27:33 PM PST by GeronL (I remember when this was a conservative forum)
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To: doldrumsforgop

Venezimbabwe is a messed up country


24 posted on 02/07/2016 7:28:02 PM PST by GeronL (I remember when this was a conservative forum)
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To: TMSuchman

That is another thing, they don’t pay their bills if they can help it.


25 posted on 02/07/2016 7:33:28 PM PST by GeronL (I remember when this was a conservative forum)
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To: CtBigPat

yep


26 posted on 02/07/2016 7:35:05 PM PST by GeronL (I remember when this was a conservative forum)
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To: doldrumsforgop

All those oil exporting countries that was lording over us about oil imports are now coming to us - isn’t karma a biatch?


27 posted on 02/07/2016 7:45:30 PM PST by SkyDancer ("Nobody Said I Was Perfect But Yet Here I Am")
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To: doldrumsforgop

Okay, well IF IF IF that’s the case, that’s better. But we need to expand our refinery capacity in the US. And it sounds like we need to add some that can handle light crude.


28 posted on 02/07/2016 7:50:37 PM PST by DannyTN
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To: doldrumsforgop

I also believe in the miracle of oil. God does provide.


29 posted on 02/07/2016 8:06:49 PM PST by lulu16 (May the Good Lord take a liking to you!)
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To: doldrumsforgop

Hope they paid for it.


30 posted on 02/07/2016 8:42:40 PM PST by Rusty0604 (1q)
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To: doldrumsforgop

Well said.

American entrepreneurial ingenuity came through again, despite the government.


31 posted on 02/07/2016 9:11:42 PM PST by ChessExpert (The unemployment rate was 4.5% when Democrats took control of Congress in 2006.)
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To: fhayek

Maybe Venezuela can rely on their free market to make new refineries. Oh, I forgot they got rid of their free market.


32 posted on 02/07/2016 9:16:17 PM PST by ChessExpert (The unemployment rate was 4.5% when Democrats took control of Congress in 2006.)
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To: CtBigPat

:)


33 posted on 02/07/2016 9:17:13 PM PST by ChessExpert (The unemployment rate was 4.5% when Democrats took control of Congress in 2006.)
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To: BostonNeocon

Nationalization is just another euphemism for theft. Yes, our government should have stepped in.


34 posted on 02/07/2016 9:20:11 PM PST by ChessExpert (The unemployment rate was 4.5% when Democrats took control of Congress in 2006.)
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To: BostonNeocon

“The government should defend the property rights of corporations run by American citizens, simple as that”

They will not even do that here.

They are picking winners and losers. Imagine if you were running a successful coal company for years and suddenly the govt decides coal is bad so they make such onerous regulations you cannot comply with them and stay in business.

Is that defending the property rights of Americans who run corporations?


35 posted on 02/08/2016 5:27:33 AM PST by doldrumsforgop
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To: ChessExpert

“Nationalization is just another euphemism for theft. Yes, our government should have stepped in.”

The US would have had to step in also to all countries in the ME who nationalized our assets, Libya, Algeria, Indonesian, the list goes on and on and on.

Why not start in our own country and stop the nationalization by Obama who is acting like a king telling us we cannot drill on federal lands that he does not own, but citizens own. or the destruction of the coal industry which is happening right before our eyes?


36 posted on 02/08/2016 5:32:17 AM PST by doldrumsforgop
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To: doldrumsforgop

No argument there.


37 posted on 02/08/2016 4:39:52 PM PST by ChessExpert (The unemployment rate was 4.5% when Democrats took control of Congress in 2006.)
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To: doldrumsforgop

That shows exactly how bad it is that Comrade Sanders has so many votes.


38 posted on 05/15/2016 1:42:24 AM PDT by Krosan
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