Tag Archive 'Exxon'

Blood For Oil

MichaelW on Feb 11 2008 | Filed under: Economics, Foreign affairs, Hugo Chavez, MichaelW's Page, energy

Joseph Kennedy II supports blood for oil.
In recent months, my TV has been bombarded with ads from Joe Kennedy promoting his Citizens Energy program, such as the following:

The heating oil distributed by Citizens Energy comes from Venezuela on a subsidized basis (which its been doing since 1979). Since Hugo Chavez took the reins of [...]

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Exxon vs. Hugo

Lance on Feb 08 2008 | Filed under: Around the Web

Via Instapundit, it looks as if Hugo might have to cough up some money for nationalizing oil assets after all. Good.
Exxon Mobil Corp has moved to freeze up to $12 billion in Venezuelan assets around the world as the U.S. company fights for payment in return for the state’s takeover of a huge oil project [...]

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