<A Discussion of Friedman's "Gas Pump Geopolitics"The Oil DrumOpen Thread>

235 comments on Wishful thinking

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HugeLargeBen on May 1, 2006 - 2:47pm Permalink | Subthread | Parent | Comments top
For example: check out today's headlines.  Que Vivan los Boliveanos!  Interesting times indeed.
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Leanan on May 1, 2006 - 2:53pm Permalink | Subthread | Parent | Comments top
I assume you mean this:

Morales Nationalizes Natural Gas Industry

President Evo Morales nationalized Bolivia's natural gas industry and oil Monday, ordering foreign energy companies to send their supplies to a state company for sales and industrialization.

Speaking at the San Alberto gas and oil field in the south of the country, Morales warned that companies that reject the decree will have to leave Bolivia within six months.

There's also this:

Venezuela buys Russian oil to avoid defaults

Venezuela, the world's fifth-largest oil exporter, has struck a $2bn deal to buy about 100,000 barrels a day of crude oil from Russia until the end of the year.

Venezuela has been forced to turn to an outside source to avoid defaulting on contracts with "clients" and "third parties" as it faces a shortfall in production, according to a person familiar with the deal. Venezuela could incur penalties if it fails to meet its supply contracts.

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totoneila on May 1, 2006 - 4:55pm Permalink | Subthread | Parent | Comments top
Hello Leanan,

This military action obviously shows the amputation of the free-market invisible hand, which leaves the remaining hand--will it be a militaristic fist, or will it seek the biosolar lifestyle of actual planting something worth the later harvesting?  Will parents actually send their children to foreign war to gain those resources for futile wants?  How many redneck racefans recognize the energetic link between NASCAR and NO CAR?  Will the NASCAR owners spraypaint the racing asphalt with the names of US military dead-- as the cars hurtled around the track over the names of these Heroes would the crowd suddenly realize the sad 'reality' and beg and cry for the race to be stopped?  Or would the cheers of denial be even louder as the Circus Maximus raced to it crashing Dieoff crescendo?

Bob Shaw in Phx,AZ  Are Humans Smarter than Yeast?

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fallout on May 1, 2006 - 2:54pm Permalink | Subthread | Parent | Comments top
What he means is this:

"Bolivia nationalizes petroleum industry"
http://news.yahoo.com/s/ap/20060501/ap_on_bi_ge/bolivia_gas

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fallout on May 1, 2006 - 2:58pm Permalink | Subthread | Parent | Comments top
Doh!  I'm a minute late, as always.....
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kvenlander on May 1, 2006 - 3:12pm Permalink | Subthread | Parent | Comments top
I think I just heard some file cabinets being opened in the Pentagon.
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