President Hugo Chávez, buffeted by falling oil prices that threaten to damage his efforts to establish a Socialist-inspired state, is quietly courting Western oil companies once again.
Sucks when your brilliant revolution is based upon insanely high oil prices, doesn't it bitch-ass?
You people, however, are idiots:
But faced with the plunge in prices and a decline in domestic production, senior officials have begun soliciting bids from some of the largest Western oil companies in recent weeks — including Chevron, Royal Dutch/Shell and Total of France — promising them access to some of the world’s largest petroleum reserves, according to energy executives and industry consultants here.
Their willingness to even consider investing in Venezuela reflects the scarcity of projects open to foreign companies in other top oil nations, particularly in the Middle East.

3 comments:
I assume those oil companies are basing their bids only on expected pre-nationalization revenues?
Correction: pre-REnationalization revenues
"Nationalize my assets once, shame on you. Nationalize them twice..."?
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