Venezuela poised to nationalize fuel distribution

Jim C wrote:

<quoted text>
Exxon has a monopolized and resource we use for everyday life. If anything is monopolized it is best to be nationalized where the profits support the nation and its people. Since it is owned by the nation, voting for the people running the entities is up to the nation.
What reinvestment of profits was undertaken by the oil industry? What justification is there for the well overinflated pricing of the resources?
As a corporation, they do not want to pay taxes. As a nationalized entity they generate income and are guided by the nation's citizenship.

Nationalization is a monopoly. An unbeatable, unbreakable, impossible monopoly.

Litesong is right. People are responsible for this, but in more ways then just not conserving.

People have been voting this government larger and larger as the years go by and here you are saying it should get even bigger, with more power.

Only the government can have a monopoly, specifically, only guns and prisons can make a monopoly. Exxon is only one of the Oil companies, there are others. Exxon has no monopoly.

BUT, surely some informed person here can touch on the possibility of government-in-bed-with-busines s INHIBITING other means of energy development and production. THAT would be a monopoly, and ONLY big government can achieve such a thing.

Here is the interesting thing. THE GOVERNMENT HAS ALREADY NATIONALIZED RESOURCES IN THIS COUNTRY. It's called "federally protected" land.

People who claim to want freedom from foreign oil and also want cheaper gas prices while alternative means are developed claim they want access to those monopolized (nationalized)lands. The monopolists make their own claims.

The matter is complex. Look at how the government, the one you want empowered even more, has responded to dependency. They are in other countries fighting wars, creating massive political conflict here, while their nationalization of resources keeps production at a halt here.

Maybe this is more government/business corruption. The more Exxon profits the more the government does.

Again, resources have been nationalized. Enjoying it? Don't you find it more than a coincidence that the government's involvement in the price of fuel has you saying you want to give them more power, and now the means to nationalize production and distribution too?

Just to sum up my response to Jim, and with no offense intended.

The government has monopolized the resources in the United States.

Mexica Movement wrote:

<quoted text>
Anti-American?
Hey moron, Venezuela is not in America!

THank God.

Mythos wrote:

<quoted text>
Well, yes, that made my point.
By the way, people are dying in England and elsewhere everyday WITH national health insurance because of the debt incurred (the only thing the government can truly create) has them denying health care and surgeries to people, and then lying about it and blaming the denial of care on people's age, weight, and lifestyle.
The insurance companies in the US are disgusting, but the idea the government in charge of it would be less disgusting is ridiculous. They would incur debt, as they always do, then they would make people pay more to cover their debt, and many of those people will still be denied care while someone who does not pay into is approved.
Best to live life without so much fear, and not go around saying because others didn't help you that they actually murdered you, ya think?

Its not that nothers dont help, its the fact that they cant get help. I hope you dont need a trip to the hospital soon the last family member of mine that was in for 9 days got a bill for 43,000 dollars and that didnt include tests and doctors fees. Nothing more than an IV, a Nurse and of course the tasty prison food they serve. 3 days of the stay were waiting for a useless doctor to comeback fom vacation because no one else could accurately diagnos problems. 2 days waiting for an MRI. The system is broken, the pill companies are out of control, Doctors are out of control. Stopping in a patients room in the hospital for 5 minutes is usuall about 7 to 800 dollars per visit. Why would a sick old person go to the hospital with no insurance? Something needs to be done, you dont just sit back because you are healthy today and critisize the people that are actually doing something. I hope you have continued good health and insurance because no one will help you if you dont!

cybergrace wrote:

Hurrah! Rich people have too much money! Working people need more services. Oil profits should benefit the people who are doing the drilling, working at the gas stations, driving the fuel trucks. This is exactly what we need in America. George Bush and John McCain own multiple houses, cars and are millionaires. While working people die from lack of health insurance! While veterans die in Iraq and are homeless once we are back home. Chavez lives like a normal person, like Obama. Why should Exxon be able to sell gas for $4/gallon and make millions of profits every year? These profits are going overwhelmingly to executives and politicians. The US should nationalize Exxon, cap gas back at $2/gallon and put white collar criminals in jail (and take their ill-gotten profits and give them to vets who were disabled fighting for their dirty money).

First of all, most millionaires EARNED their money. Second of all, when you compare Exxon Mobil's profit margin to say McDonald's, McDonald's makes more money per hamburger than Exxon Mobil makes per gallon of gas. The reason Exxon Mobil's profits are so enourmous is because of the sheer volume of gasoline being sold. If McDonald's sold as many hamburgers as Exxon Mobil sold gallons of gas, McDonald's profits would be 35% higher than Mobil's with an 11% profit margin vs. 8% for Exxon Mobil.

http://www.myspace.com/jimbauer601

Johnson McDoogle wrote:

<quoted text>
Wrong! Why do people think we, the USA, are in a vacuum. Just because you and I pay $4 a gallon, it doesn't mean the oil industry needs to be nationalized. Its called a global market. China and India are growing leaps and bounds, do you honestly think that that growth has no impact on the global supply of oil??? Also, look at the following graph.
Most expensive places to buy gas
Rank Country Price/gal
1. Eritrea $9.58
2. Norway $8.73
3. United Kingdom $8.38
4. Netherlands $8.37
5. Monaco $8.31
6. Iceland $8.28
7. Belgium $8.22
8. France $8.07
9. Germany $7.86
10. Portugal $7.84
108. United States $3.45
http://money.cnn.com/2008/05/01/news/internat...
We don't have it that bad after all.

Roughly all of the prices are inflated two and a half times of what is a fair market value.

Your argument might have some practicality if applied to kingdoms inflating the price of oil like Saudi Arabia. At least they get cheap gas and decent health care from the excess profits due to nationalization.
Why not continue the trend to the Americas and uncap the capped existing wells and pump them to market from nationalizing he oil industry?
I do not think the present policy to pay landowners to no produce wells in West Virginia is fair. We should instead acquire the land and bring American oil online which will lower the price foreign nations can get for the oil, thus lower prices and lower trade deficits for America.

dvd_abad wrote:

Not only has Chavez delivered cheap oil to the Bronx and other poor communities in the United States.....

... plus some other irrelevant commie drivel

Doesn't it bother you to know that Chavez is giving away our money while many Venezuelans die because of a lack of hospitals, or are killed on the streets because the lack of police?

Did Chavez **ever** ask the children begging on the streets or, those who do not have a decent roof on their heads, whether it was OK to subsidize an infinitely richer country than their own?

Shouldn't Chavez be working hard to solve the problems of the people that elected him to office rather than trying to solve someone else's problem?

MSO4 wrote:

<quoted text>Yes they can. And what did Bush do to Chavez anyway?

Besides pissing in his cereal, he insulted his government and that of his friends.

Jim C wrote:

<quoted text>
Roughly all of the prices are inflated two and a half times of what is a fair market value.
Your argument might have some practicality if applied to kingdoms inflating the price of oil like Saudi Arabia. At least they get cheap gas and decent health care from the excess profits due to nationalization.
Why not continue the trend to the Americas and uncap the capped existing wells and pump them to market from nationalizing he oil industry?
I do not think the present policy to pay landowners to no produce wells in West Virginia is fair. We should instead acquire the land and bring American oil online which will lower the price foreign nations can get for the oil, thus lower prices and lower trade deficits for America.

damn good idea that. As to the cost of gas/oil figure this out. Adjust to the cost of living doesn't even come close. When I was little I had a job at a glof course. Gas was 17 cents a gallon. IF wahes kept up with the inflated cost of fuel, that job would now pay 37.50. For that I'll pick up sticks and caddy for the dumb game.
Ahhh, shit some mex would still do it for that buck sixty five I used to make...

sorry about the typos above.I got in a hurry.
glof -- golf
wahes -- wages
hope this helps

Are you CRAZY wrote:

<quoted text>You are an idiot and have NO CLUE about which you speak.

Elaborate, educate a idiot like me please

MSO4 wrote:

<quoted text>Yes they can. And what did Bush do to Chavez anyway?

Besides spying on and trying to overthrow his country, you mean?

Peric Overde wrote:

<quoted text>
Doesn't it bother you to know that Chavez is giving away our money while many Venezuelans die because of a lack of hospitals, or are killed on the streets because the lack of police?
Did Chavez **ever** ask the children begging on the streets or, those who do not have a decent roof on their heads, whether it was OK to subsidize an infinitely richer country than their own?
Shouldn't Chavez be working hard to solve the problems of the people that elected him to office rather than trying to solve someone else's problem?

Bro do you really think that with you lying and whining here anything is gonna change in Venezuela, shut up already or do something about it. You remind me of the Cuban here in Miami crying about Castro for 50 years, and thats is why i don't reply to your stupid posts based on Globovision. Remember i'm Venezuelan, you can lie to them but not to me.

Jim C wrote:

<quoted text>
Roughly all of the prices are inflated two and a half times of what is a fair market value.
Your argument might have some practicality if applied to kingdoms inflating the price of oil like Saudi Arabia. At least they get cheap gas and decent health care from the excess profits due to nationalization.
Why not continue the trend to the Americas and uncap the capped existing wells and pump them to market from nationalizing he oil industry?
I do not think the present policy to pay landowners to no produce wells in West Virginia is fair. We should instead acquire the land and bring American oil online which will lower the price foreign nations can get for the oil, thus lower prices and lower trade deficits for America.

you are corect about capped wells,,from 1977 -1979 i worked for a company which removed horse heads and capped wells...we capped several hundred,,,the public dont know,,,that the goverment pays them wells to stay capped,,,but bringing this oil online would not help,,without goverment reg,,because this oil would go on world market,,,americans are so dumb,,today china is taking your coal,,but americans dont even know this,,,,wait untill you get your electric bill,,by the first of the year,,your bill will sore,,,bush the oil man,,,is also big in mineing and steel,,

cybergrace wrote:

Hurrah! Rich people have too much money! Working people need more services. Oil profits should benefit the people who are doing the drilling, working at the gas stations, driving the fuel trucks. This is exactly what we need in America. George Bush and John McCain own multiple houses, cars and are millionaires. While working people die from lack of health insurance! While veterans die in Iraq and are homeless once we are back home. Chavez lives like a normal person, like Obama. Why should Exxon be able to sell gas for $4/gallon and make millions of profits every year? These profits are going overwhelmingly to executives and politicians. The US should nationalize Exxon, cap gas back at $2/gallon and put white collar criminals in jail (and take their ill-gotten profits and give them to vets who were disabled fighting for their dirty money).

Too much effort to nationalize. Just increase TAX on the b*stards.

This is a very good development. The ultimate outcome will teach the Venezuelians - and South America as a whole - a valuable lesson in economics. Since Zimbabwe taught them nothing they have to learn the hard way.

Still, Chavez was correct when he called george bush “un pendejo” (look it up) not to long ago because that’s what he is.ta ta

Peric Overde wrote:

<quoted text>
Doesn't it bother you to know that Chavez is giving away our money while many Venezuelans die because of a lack of hospitals, or are killed on the streets because the lack of police?
Did Chavez **ever** ask the children begging on the streets or, those who do not have a decent roof on their heads, whether it was OK to subsidize an infinitely richer country than their own?
Shouldn't Chavez be working hard to solve the problems of the people that elected him to office rather than trying to solve someone else's problem?

...So are involved in Changing Venezuela?

cybergrace wrote:

Hurrah! Rich people have too much money! Working people need more services. Oil profits should benefit the people who are doing the drilling, working at the gas stations, driving the fuel trucks. This is exactly what we need in America. George Bush and John McCain own multiple houses, cars and are millionaires. While working people die from lack of health insurance! While veterans die in Iraq and are homeless once we are back home. Chavez lives like a normal person, like Obama. Why should Exxon be able to sell gas for $4/gallon and make millions of profits every year? These profits are going overwhelmingly to executives and politicians. The US should nationalize Exxon, cap gas back at $2/gallon and put white collar criminals in jail (and take their ill-gotten profits and give them to vets who were disabled fighting for their dirty money).

I agree with a lot of what you said above, but you need to be clear on one thing. Neither Chavez or Obama "live like nomral people" either. If you think that they don't live like millionaires then you are sadly deluded.

Don't get me wrong, I plan on voting for Obama, just don't make the mistake of putting him on a pedestal and trying to portray him as perfect. I am sure he is a multi-millionaire by this point and lives a life style that would be considered "rich" by 85% of the US. He isn't going to be sweating the cost of the gas at the pump.

there go the behind the scene footage

http://www.youtube.com/watch...