No. of Recommendations: 3
Exxon and ConocoPhilips were the ones whose Venezuelan operations were nationalized. Unlike the European oil companies, the US companies refused the compensation offered by Chavez.
Chevron has been operating in Venezuela for the last several years.
Chinese, Italian, Spanish, and Russian oil companies have considerable investments in Venezuela. I fully expect the Pirate King to declare the Chinese and European contracts void. It will be interesting to see if Lord Trump seizes the Rosneft holdings too. I also expect his nibs to demand a major share of PDVSA, to "compensate" for the costs of removing Maduro.
BAAAAAAAAAAA now - imagine. An American Family, 3 kids, pudgy, piling into the SUV to go to the Big Box store got buy large quantities of white bread and burgers and processed foods .
"Traditional American family values" are the GOP's totem. Bow down, to the cheeseburger.
Steve...noticed how frisky my COP and CVX were Friday. The word was already out.
