That's right folks. Exxon had the audacity to try to protect its assets in Venezuela in the face of the socialist scourge, a move completely in line with the free market, and the socialist hoard in Venezuela just stopped selling fuel to Exxon. Part of the reason that Chavez's people made this move was that Exxon recently had won a court order to freeze assets that belonged to their company after the socialists attempted to seize them. Exxon was essentially the last oil company to actively put up a fight against Chavez's goons and had proven in court that they were on the right side of international law, only to see Venezuela now stop the flow of oil to Exxon. Expect this to have a pretty large impact on the price per gallon of gas in the States very soon. Exxon was completely within their right to protect their assets. What the socialists claim is thus:
State-run Petroleos de Venezuela SA, or PDVSA, said in a statement that
it "has paralyzed sales of crude to Exxon Mobil." It said the decision
was made "as an act of reciprocity" for the company's
"judicial-economic harassment."
Reciprocity for Exxon's proving their case in various courts across the world that what Venezuela had done by attempting to hijack Exxon assets? The law is on Exxon's side here. The "judicial-economic harassment" that PDVSA speaks of is the international courts and rule of law among free nations. It's a typical left wing tactic of ignoring existing laws and doing what you feel like doing in order to shore up your personal bottom line while claiming it's a move "for the people." As if losing a major purchaser of your main export will actually help the people of Venezuela. The only person profiting off of this is Chavez and his inner circle. Since various reforms from the thug Chavez went into effect the economy in Venezuela has decreased, and this move will only add to their woes, and most likely ding us a bit too as the price per gallon of gas will impact us. Chavez has essentially engaged in an economic form of terrorism and acted in open defiance against courts of law, which had already handed them defeats, so Chavez's folks are simply making a play for as much cash as humanly possible in the short the run while doing serious damage to themselves in the long run.
-Caomhin
State-run Petroleos de Venezuela SA, or PDVSA, said in a statement that
it "has paralyzed sales of crude to Exxon Mobil." It said the decision
was made "as an act of reciprocity" for the company's
"judicial-economic harassment."
Reciprocity for Exxon's proving their case in various courts across the world that what Venezuela had done by attempting to hijack Exxon assets? The law is on Exxon's side here. The "judicial-economic harassment" that PDVSA speaks of is the international courts and rule of law among free nations. It's a typical left wing tactic of ignoring existing laws and doing what you feel like doing in order to shore up your personal bottom line while claiming it's a move "for the people." As if losing a major purchaser of your main export will actually help the people of Venezuela. The only person profiting off of this is Chavez and his inner circle. Since various reforms from the thug Chavez went into effect the economy in Venezuela has decreased, and this move will only add to their woes, and most likely ding us a bit too as the price per gallon of gas will impact us. Chavez has essentially engaged in an economic form of terrorism and acted in open defiance against courts of law, which had already handed them defeats, so Chavez's folks are simply making a play for as much cash as humanly possible in the short the run while doing serious damage to themselves in the long run.
-Caomhin
Powered by ScribeFire.
