Sunday, April 29, 2007
Gas Prices
It seems that Chaves and his Venezuelan "Citco" is not the
only oil company operating in that country.......There are
other American, British, French and Norwegian companies
there.......
A news report says that on May 1st, next Tuesday, Chaves
will request at least 60% of the money produced by these
other companies.......One fact of note, is that these other
companies are getting tired of his "corporate antics" and just
may pull their assets out of Venezuela for good.......
Since Chaves' expertise is in dictatorship and not oil production,
I suspect the price of gasoline will be affected by whatever
happens in that Latin country on Tuesday......Pumps
only oil company operating in that country.......There are
other American, British, French and Norwegian companies
there.......
A news report says that on May 1st, next Tuesday, Chaves
will request at least 60% of the money produced by these
other companies.......One fact of note, is that these other
companies are getting tired of his "corporate antics" and just
may pull their assets out of Venezuela for good.......
Since Chaves' expertise is in dictatorship and not oil production,
I suspect the price of gasoline will be affected by whatever
happens in that Latin country on Tuesday......Pumps
# posted by Pumps @ 1:27 PM 
