Chavez Reverses Course

Discussion in 'General Global Topics' started by Toro, Jan 26, 2010.

  1. Toro
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    Toro Diamond Member

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    After driving out foreign oil companies by nationalizing their investments, driving hundreds of highly-trained petroleum engineers after he purged the state oil company PdVSA and placing his cronies in the company, and seeing production drop by 1 million barrels a day in the country, Hugh has reversed course, and is now holding an auction for oil concessions in Venezuela.

    Chávez Seeks to Reassure Investors on Venezuela - WSJ.com
     
  2. Mr. H.
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    Mr. H. Diamond Member

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    But, will Obama learn from this.
     
  3. Truthmatters
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    Truthmatters BANNED

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    I think he said that was his plan all along didnt he?
     

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