Quote:
Originally Posted by Nathans_Dad
Gee, the US suing a sovereign nation in US courts...yeah this is a whole lot more than Congressional pandering. NOT.
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Not exactly the same, but I do remember this.
Exxon Mobil “No Longer Welcome” in Venezuela
http://ecoworldly.com/2008/02/16/exxon-mobil-no-longer-welcome-in-venezuela/
Quote:
The world’s larges oil corporation, Exxon Mobil, is no longer welcome to do business in Venezuela.
This follows from a lawsuit in which Exxon convinced international courts to freeze $12 billion USD in assets of Venezuelan oil company, PDVSA–ten times their original investment, according to the the Venezuelan Minister of Energy and Petroleum and President of the Venezuelan state oil company PDVSA, Rafael Ramírez.
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When Hugo Chavez cuts the US off, things are going to get ugly fast. These will be the good old day of $4.00 a gallon gasoline.
