DAG-NABIT, Trew! Can't these goddamit commies play it right and stay enemies for once?
The major biznews this week from South of the Darien Gap is the big investment moves in Venezuela and Bolivia done by foreign oil companies. Yesterday, the Orinoco belt auction results were announced, with those lilly-livered pseudo-socialist European traitors at Repsol, backed up by cheating lying snakes-in-grass from Malaysia and India, winning one part of the auction. The other big winner of a separate tranche of the deal was a consortium including you-can't-trust-em Japanese at Mitsubishi and headed up by those commie pinko bedwetter foreigners from.....errrrr...Chevron (that one willl really confuse the loopy O'Grady girl...best just to ignore it dear).
The major biznews this week from South of the Darien Gap is the big investment moves in Venezuela and Bolivia done by foreign oil companies. Yesterday, the Orinoco belt auction results were announced, with those lilly-livered pseudo-socialist European traitors at Repsol, backed up by cheating lying snakes-in-grass from Malaysia and India, winning one part of the auction. The other big winner of a separate tranche of the deal was a consortium including you-can't-trust-em Japanese at Mitsubishi and headed up by those commie pinko bedwetter foreigners from.....errrrr...Chevron (that one willl really confuse the loopy O'Grady girl...best just to ignore it dear).
Reuters has good coverage on the whole shebang here, including a good quote from some oil analyst dude that actually gets what's going on (unlike the vast majority) and avoids the chestbeating of the far right and far left:
"It is pragmatism on the part of the Venezuelans and
international oil companies," said Jeremy Martin, director of
the energy program at the Institute of the Americas in
California.
"The Venezuelans know they can't do this without major capital and
knowhow, and (companies) know there's nowhere else in the
world where they would have access to world class reserves like these."
That's fair comment.
Meanwhile in Bolivia, Total (of pinko France) is moving forward on its $500m project to develop gas fields in Evolandia. First stage is the drilling (they have to go deep, to 6,300 feet apparently) and if all goes well, the full investment will be greenlighted.
Once again, South America shows itself to be far more difficult to pigeonhole than the bipolar North would prefer. Mojitos served, the end.
Once again, South America shows itself to be far more difficult to pigeonhole than the bipolar North would prefer. Mojitos served, the end.