Venezuela Takes Control of Oil Fields

[uls]

Hugo Chavez, Kim Jong Il, Mahmoud Ahmadinejad, Vladimir Putin ---

Mabuhay kayo lahat!

[Hanren]

In reel and real life, there will alwys be the 'kontrabidas'..there are still some in the making so watch out for them-sa Turkey, Russia, the Balkan states, Middle East (Syria, Lebanon, etc).

As far as I know, balak pang gumawa ng commonwealth state (or association or whatever you call it) si Hugo Chavez (composed of Latin American Countries). Hinahatak nya Paraguay, Chile, etc. Gusto niyang maging dominant figure sa Latin America just like what Amadinejad is doing in the middle east.

He has the balls to do that-kasi may oil fields eh. Mawala lang yang yaman nya na yan mawawala din yang yabang niya. Ganyang nga mga leftists sa ibang bansa. Kunwari maraming social policies pero ....

[creepy]

Hugo Chavez, Kim Jong Il, Mahmoud Ahmadinejad, Vladimir Putin ---

Mabuhay kayo lahat!

George Dubya Bush!!

Mabuhay!!

Mabuhay rin ang bumoto sa kanya!

[wildthing]

Well, imo, if the oil is in venezuelan geographical boundary, he really have the right (as a president of his country)....put it this way, it is his role to protect his country's wealth and interest.

[empy]

Well, imo, if the oil is in venezuelan geographical boundary, he really have the right (as a president of his country)....put it this way, it is his role to protect his country's wealth and interest.

that's really not what's being questioned here. it is true that any freely elected president should be able to protect his country's interests (although tatanga tanga yung opposition niya for boycotting the parliamentary elections a couple years ago - puro bata ngayon niya ang nasa assembly :screwloose: )

the question is, is this really in his country's best interest? or is this just part of his personal vendetta against the US/GWB? if i remember my history lessons correctly, India and a few governments decided to "nationalize" some of their industries a long time ago and as a result of their actions, got very little foreign direct investments for decades.

Chavez might be right that he no longer needs the multinationals to extract and distribute his oil, but he better be comfortable about no other multinational seeking to invest in his country for a long long time. all the other foreign companies will think "if it could happen to Exxon Mobil, then it could happen to me".

[wildthing]

that's really not what's being questioned here...

duh?!?

I was reacting to Mazdamazda's post -

... and now he is taking control of the oil fields which companies spent billions for over a decade developing.

As such, if I were in his (Chavez) shoes, I MIGHT do the same....IF THE MOVE WILL SERVE THE INTEREST OF MY COUNTRY MEN.

Mahirap humusga ng tao (like Hugo Chavez) o desisyon ng isang tao kung wala naman tayo sa lugar niya (unless venezuelan ka o tayo) di ba?!?

Kasi kung news lang naman ang pagbabasihan natin, ang tanong ko ay ano ba ang accuracy ng news na yan?

What if his intension was to make sure that his fellowmen doesn't experience future fuel problem?!?

AFAIK, stupidity nga ang pagboycott ng kalaban niya... pero come to think of it, what if this opposition was the more evil group?!? eh di buti nalang hindi sila sumali or lumaban kay chavez. But that is another topic...

[mazdamazda]

duh?!?

I was reacting to Mazdamazda's post -

As such, if I were in his (Chavez) shoes, I MIGHT do the same....IF THE MOVE WILL SERVE THE INTEREST OF MY COUNTRY MEN.

Mahirap humusga ng tao (like Hugo Chavez) o desisyon ng isang tao kung wala naman tayo sa lugar niya (unless venezuelan ka o tayo) di ba?!?

Kasi kung news lang naman ang pagbabasihan natin, ang tanong ko ay ano ba ang accuracy ng news na yan?

If foreign journalists and other countries can critic the Philippines - why can't we do the same to Venezuela? This is a global interest and not just a "national" issue confined to Venezuela since Chavez started using the OPEC to artificially jack up the price of oil.

As to the accuracy of the news, what is "accurate" for you? Several news agencies printed the same news with the same quotes blurted out by Chavez in a neutral fashion. This isn't something taken from the Dear Xerex section of local tabloid.

What if his intension was to make sure that his fellowmen doesn't experience future fuel problem?!?

He made his intentions clear that this move was to hurt the USA.

Future fuel problem? With Venezuela's ridiculously low gasoline prices? I don't think so. Heck, without the investment & technical know-how of the *imperialist* multinational corporations, they wouldn't be able to turn their tar-like oil to something useful.

He is just saving time by using oil to fund his distorted social programs & economic policies. He maybe popular with the poor right now but once the cash flow dries up - he'll be ousted in no time.

AFAIK, stupidity nga ang pagboycott ng kalaban niya... pero come to think of it, what if this opposition was the more evil group?!? eh di buti nalang hindi sila sumali or lumaban kay chavez. But that is another topic...

If you have been following world events for a while, the Venezuelan opposition is a moderate group while Chavez and his cohorts are on the extreme left.

[boydapa]

yan ba yun nagsabing sa lagay ng presyo ng langis worldwide ngayon eh mura pa ito! wait and see pag natupad ko na ang pinapangarap kong controlin at pataasin ang presyo nito sa dapat nitong kalagyan!---ang dapat dyan eh sya ang ilagay sa kahon ng posporo eh! kulang pa ba yan 40 petot isang litro? ogags

[uls]

E2 ang implications ng actions ni Chavez---

Multinational oil companies had contracts with Venezuela. The oil companies will develop the oil fields, extract the oil, and Venezuela will get a percentage of the profits. That's the arrangement.

Now Chavez takes control of the oil fields. He broke the agreement with the oil companies. He broke contracts. That's the implication.

Ipit ung mga oil companies. Matapos nila itayo ang oil infrastructure, kukunin sa kanila ng ganyan ganyan lang.

Kawawa naman mga oil companies.

---------------------------------------------------

Now the Bush Admin, being very good friends with Big Oil, will come down hard on Venezuela.

But that Chavez guy doesnt give a sh*t about what Bush will or can do. He is taunting Bush.

That's exactly what he is doing. He did this to taunt Bush.

It's like Chavez is telling Bush "Ano gagawin mo ngaun ha?" ..... "Sige nga, ano gagawin mo?"

[creepy]

If foreign journalists and other countries can critic the Philippines - why can't we do the same to Venezuela? This is a global interest and not just a "national" issue confined to Venezuela since Chavez started using the OPEC to artificially jack up the price of oil.

As to the accuracy of the news, what is "accurate" for you? Several news agencies printed the same news with the same quotes blurted out by Chavez in a neutral fashion. This isn't something taken from the Dear Xerex section of local tabloid.

He made his intentions clear that this move was to hurt the USA.

Future fuel problem? With Venezuela's ridiculously low gasoline prices? I don't think so. Heck, without the investment & technical know-how of the *imperialist* multinational corporations, they wouldn't be able to turn their tar-like oil to something useful.

He is just saving time by using oil to fund his distorted social programs & economic policies. He maybe popular with the poor right now but once the cash flow dries up - he'll be ousted in no time.

If you have been following world events for a while, the Venezuelan opposition is a moderate group while Chavez and his cohorts are on the extreme left.

Cool ka lang... huwag mainit ang ulo.

Btw, I think you're wrong.

[empy]

duh?!?

I was reacting to Mazdamazda's post -



As such, if I were in his (Chavez) shoes, I MIGHT do the same....IF THE MOVE WILL SERVE THE INTEREST OF MY COUNTRY MEN.

Mahirap humusga ng tao (like Hugo Chavez) o desisyon ng isang tao kung wala naman tayo sa lugar niya (unless venezuelan ka o tayo) di ba?!?

Kasi kung news lang naman ang pagbabasihan natin, ang tanong ko ay ano ba ang accuracy ng news na yan?

What if his intension was to make sure that his fellowmen doesn't experience future fuel problem?!?

AFAIK, stupidity nga ang pagboycott ng kalaban niya... pero come to think of it, what if this opposition was the more evil group?!? eh di buti nalang hindi sila sumali or lumaban kay chavez. But that is another topic...

i know dude.

1. some people including m2 say that the move is stupid
2. you said "karapatan nya yan, siya presidente eh"
3. sagot ko "of course karapatan nya yan, but it's probably not in his country's best interest"

tama naman diba?

time will tell whether this was a good move or not. but history, for those who care to do research, has shown that forced nationalization is generally a bad idea.

[mmanson]

given the right situation, anybody can be the "kontrabida". Chavez shouting "down with the US empire"? and then what?
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"ako naman!!!!!(it's my turn!)"