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Oil. |
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__sneaky__
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Voted 2010 Most Improved horse fondler. Joined: 14 January 2006 Location: Uncertain Status: Offline Points: 10000015 |
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Topic: Oil.Posted: 25 June 2010 at 4:16pm |
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Not our strong suit as of late.
CARACAS, Venezuela – Venezuela's government has seized control of 11 oil rigs owned by U.S. driller Helmerich & Payne, which shut them down because the state oil company was behind on payments.
Oil Minister Rafael Ramirez announced that Venezuela would nationalize the Tulsa, Oklahoma-based company's rigs. He said in a statement Wednesday that Helmerich & Payne had rejected government demands to resume drilling operations for more than a year. Helmerich & Payne announced in January 2009 that it was stopping operations on two of its drilling rigs, because Venezuela's state-run oil company, PDVSA, owed the company close to $100 million. It said it would shut down the rest of its rigs by the end of July as contracts expired unless PDVSA began to make good on its debts. Link: http://news.yahoo.com/s/ap/20100624/ap_ … oil_rigs_2 |
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"I AM a crossdresser." -Reb Cpl
Forum Vice President RIP T&O Forum |
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choopie911
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Commie Canuck Joined: 01 June 2003 Location: Canada Status: Offline Points: 30773 |
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Posted: 25 June 2010 at 8:47pm |
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Massey Energy, Goldman Sachs, and British Petroleum have done a better job than any terrorist could dream.
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Rofl_Mao
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request denied Joined: 27 October 2008 Location: Canada Status: Offline Points: 3210 |
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Posted: 25 June 2010 at 11:05pm |
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Um, they can't do that?
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ParielIsBack
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future target of fratricide Joined: 13 October 2008 Status: Offline Points: 3778 |
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Posted: 25 June 2010 at 11:28pm |
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Sure they can.
Wonder what they would do if we dropped a couple JDAMs on those rigs. Perhaps even give them time to evacuate beforehand. |
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BU Engineering 2012
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choopie911
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Commie Canuck Joined: 01 June 2003 Location: Canada Status: Offline Points: 30773 |
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Posted: 26 June 2010 at 12:05am |
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Why not? They sieze airplanes if you stop paying for them. They sieze your house if you stop paying. same idea |
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stratoaxe
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And my axe... Joined: 21 May 2005 Location: United States Status: Offline Points: 6839 |
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Posted: 26 June 2010 at 2:05am |
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I may have misunderstood the article, but the way I read it was that the South American company stopped paying the Tulsa company, so the Tulsa Company who owned the rig shut it down. The Venezuelan Government then came in and took over the rigs. So it would see the foul is still on them. |
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High Voltage
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Fire in the disco Joined: 12 March 2003 Location: 127.0.0.1 Status: Offline Points: 14179 |
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Posted: 26 June 2010 at 3:48am |
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No, this would be like seizing the bank because you didn't pay them for your house. |
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choopie911
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Commie Canuck Joined: 01 June 2003 Location: Canada Status: Offline Points: 30773 |
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Posted: 26 June 2010 at 4:00am |
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Then clearly I misunderstood, whoops
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