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Wakum Mata!
Politcally Incorrect Musings
I hate Hugo Chavez 
26th-Jul-2007 07:18 am
Muhommad Caraciture
Exxon hit by falling production
By Daniel Pimlott in New York

Published: July 26 2007 14:41 | Last updated: July 26 2007 14:41

Exxon Mobil, the world’s largest publicly traded oil company, missed expectations as it reported earnings down by 1 per cent in its second quarter, hit by lower natural gas prices and falling oil production. [...]

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Dangit! My stock went down!!! Thanks a lot Chavez, you evil dictator nitwit! I'm down 3.33% this morning.

What does this mean for you if you don't own the Exxon (ticker=XOM) stock? Higher fuel prices. You see, oil production fell across the board greatly due (but not entirely) to Hugo Chavez's nationalization of oil concerns in Venezuela. Venezuela sits atop a huge amount of oil. Venezueala has estimated reserves of 316 billion barrels of crude oil - the largest in the world. That beats Saudi Arabia by 55 billion barrels, folks.

Do you still think Iraq is about oil when we have such huge reserves available in a banana republic on our back porch? Why fiddle with Islamo-fascists when we can take out one small dictator?
Comments 
26th-Jul-2007 05:00 pm (UTC)
Unfortunetly it isn't one small dictator... he has been gathering other small dictators in the area. Plus the whole place makes for one big guerrilla ambush. And the drug dealers who run the other countries like having Hugo in their pockets as well. Naw.. it might not be religious (which would actually make it better for us to fight) but it is still just as bad a place to go pick a fight. Not that Hugo doesn't deserve to get his ass handed to him and his country taken away from him.
28th-Jul-2007 01:43 pm (UTC)
And the South American scenario differs from the Middle East how?

Motives of the enemy.


.. oh... and trees.
30th-Jul-2007 04:05 pm (UTC)
Well... on the up side, the whole religious fever thing will make it easier for us to fight the Hugonaughts. But them trees suck for fighting in.
31st-Jul-2007 03:00 am (UTC)
Trees burn.

Sand, on the other hand, does not.
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