Time for Francisco d'Anconia
Even Chavez's own energy officials are getting nervous "¦
Last week, for the 10th time, Chavez announced his plan to
confiscate four Orinoco Belt extra-heavy-oil projects run by six
Western companies"¦Rather than allow Chavez's state oil company to become the
majority partner in its investment, Exxon could"¦ just walk away - a
possibility that's keeping Venezuelan energy officials up at night.Rather than let its Cerro Negro operation be turned into a
Chavista workers collective, with Exxon there to pay the bills and
provide the technology and its workers suddenly state employees, Exxon
could just pull out"¦
Courtesy of TJIC, who suggests a similar approach but from a different fiction source.
