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Thread: Chavez seizes oil service firms

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    Chavez seizes oil service firms

    BBC NEWS | Americas | Chavez seizes oil service firms

    Venezuelan President Hugo Chavez has sent troops to take over companies that provide services for the oil industry.

    "This is a revolutionary offensive," he told workers near Lake Maracaibo, Venezuela's main oil-producing area.
    The move places hundreds of boats, several ports and an estimated 8,000 oil workers under state control.

    The state-owned oil company PDVSA has recently clashed with foreign and local service providers over the prices they charge.

    The service companies are owed billions of dollars by PDVSA. But the state firm says lower oil prices mean the contractors are being paid too much.
    He is at it again.
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    Student Catman's Avatar
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    Re: Chavez seizes oil service firms

    Quote Originally Posted by Harry Guerrilla View Post
    It is time for a revolution down yonder. Chavez is really a dictator in every sense of the word.

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    Student The Jovial One's Avatar
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    Re: Chavez seizes oil service firms

    Yes. Except for the fact that the people who elected him love him and he's a hero in Latin America, he's a real dictator and stuff.
    When you can't win an election outside of the south or mountain west, the answer to your problems is NOT "more of the same, but LOUDER!!!"


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    Re: Chavez seizes oil service firms

    Quote Originally Posted by Catman View Post
    It is time for a revolution down yonder. Chavez is really a dictator in every sense of the word.
    And maybe he is doing something for the working man.
    The wealthy conservative business men hate this..
    Check the popularity of each in our nation and in the South American nations..

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    Re: Chavez seizes oil service firms

    Quote Originally Posted by The Jovial One View Post
    Yes. Except for the fact that the people who elected him love him and he's a hero in Latin America, he's a real dictator and stuff.

    im going to ask you to source your information....please....or is it just how you see it???
    Ill keep my guns, torah, bible, and money.....you can keep the change

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    Student The Jovial One's Avatar
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    Re: Chavez seizes oil service firms

    Quote Originally Posted by EulyssElvisCaustic View Post
    im going to ask you to source your information....please....or is it just how you see it???
    *sigh...*

    Hugo Chavez

    There's one. There are more. Do a "google."
    When you can't win an election outside of the south or mountain west, the answer to your problems is NOT "more of the same, but LOUDER!!!"


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    Re: Chavez seizes oil service firms

    Quote Originally Posted by The Jovial One View Post
    Yes. Except for the fact that the people who elected him love him and he's a hero in Latin America, he's a real dictator and stuff.
    No doubt the people like him, he's a populist but in terms of things like property rights you could draw a parallel of authoritarian rule with his seizure of private property.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    activist professor Inferno's Avatar
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    Re: Chavez seizes oil service firms

    Chavez was elected. The people are behind him. This is what the people want. Why should we even care?
    Those people are tired of the worker being slaves to large corp structures. They are tired of The US interfering with their lives as well.

    Chavez is the man the people want. Just who do Americans think they are to judge him by our failing standards?
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    Re: Chavez seizes oil service firms

    Quote Originally Posted by Inferno View Post
    Chavez was elected. The people are behind him. This is what the people want. Why should we even care?
    Those people are tired of the worker being slaves to large corp structures. They are tired of The US interfering with their lives as well.

    Chavez is the man the people want. Just who do Americans think they are to judge him by our failing standards?
    I agree that the people want him and that we shouldn't interfere.

    I always question the motives of people in leadership positions especially those that others wish to import to the U.S.

    Something to remember though is that these large corporate structures mostly exist because the government interferes to keep them alive.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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    Re: Chavez seizes oil service firms

    This could be a promising move; it will be interesting to see how this is handled by PSUV, and whether this will take on a form of management in terms of central state ownership or more direct rule.

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