Do you believe that major oil will allow him, Hugo, to continue his ways or will they help remove him?
http://news.yahoo.com/s/ap/20070626/ap_on_bi_ge/venezuela_oil_8;_ylt=AjAgyaOVo_6NBXqGaUaoGHYE1vAI
2007-06-26 06:57:43 · 14 answers · asked by Anonymous in Politics & Government ➔ Politics
hey gringo- it will effect your brit's companies too, like sun, shell &bp and we know how nasty and sneaky you guys can be
2007-06-26 10:28:07 · update #1
I'm not sure who will be in charge of taking care of the problem. Just hope Hugo's knife is sharp when he starts cutting his nose off to spite his face.
My guess will be an internal problem as well as external pressure that will be the undoing of him. Possibly China will take him over and then he can be Hugo the puppet boy. You know they'll buy his oil.
2007-06-26 08:17:33 · answer #1 · answered by Ret. Sgt. 7 · 1⤊ 0⤋
I would say that wars have been fought for less. I don't know how Connoco will view this whole thing, but herein lies the slippery slope of doing business in foreign countries. If the government nationalizes your interests you will lose big. Venezuela has a right to act in what they feel are their own best interests, but alienating a large trading partner is never a good thing and always tends to have far reaching implications. The funny thing about doing business with China is that it doesn't bode well for small countries. Venezuela faces the definite danger of becoming just another Chinese satellite state like North Korea, or Vietnam and much like these countries they will have no one to turn to for help should they desire it.
2007-06-26 07:12:51 · answer #2 · answered by Bryan 7 · 0⤊ 0⤋
I believe he will just go to another country to sell the oil. This will not help the US in any way. It may actually prove the point of so many other countries’ that have recently disagreed with US policy. Bush is in oil...the whole family is...it is all he cares about because it lines his pockets more! So finally there is someone who is going to say no to him and we wonder why???? Come on! We have to start regaining some of our past allegiances’ or we will keep going down this path to disgrace.
2007-06-26 07:23:15 · answer #3 · answered by Anonymous · 0⤊ 0⤋
This just makes Hugo stronger and proves the total impotence of western capitalism.
2007-06-26 07:08:30 · answer #4 · answered by Robert B 3 · 1⤊ 0⤋
He will sell to China and give the US the middle finger. China will have a military base in South America. US lose under Exxon big time!!!
Why won't Exxon just fund the US goverment?
2007-06-26 07:02:24 · answer #5 · answered by Mr. USA U 2 · 1⤊ 2⤋
No Paul, it won't - 'cause Hugo can just turn around and sell his country's oil to China. They'll pay top dollar...
2007-06-26 07:00:22 · answer #6 · answered by Anonymous · 2⤊ 0⤋
I think the Venezuelan people will eventually figure out that he is a fascist in liberal's clothing and kick him out of office... permanently, and probably in disgrace. He has made lots of claims about what he is going to do, and they are NOT materializing in regards to his economic reforms.
2007-06-26 07:02:11 · answer #7 · answered by Paul Hxyz 7 · 2⤊ 0⤋
Similar things did not help remove Castro from power, so I'd say no.
2007-06-26 07:00:23 · answer #8 · answered by Anonymous · 1⤊ 0⤋
Do you really think you understand the Venezuelan situation?
It isn't as simple as most Americans think.
2007-06-26 11:27:45 · answer #9 · answered by 1848 3 · 0⤊ 0⤋
HE SELL HIS OIL ELSEWHERE. THE IDEA IS TO BOYCOTT CITGO. HE ALSO GIVES DISCOUNTS TO POOR PEOPLE FOR HEATING OIL IN THE US IN THE WINTER. THIS GETS THE LOONY LEFT ALL EXCITED & HAPPY FOR HIM.
2007-06-26 07:10:58 · answer #10 · answered by Anonymous · 0⤊ 0⤋