Peak Oil
Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

Honduras: Oil firms face Latin American woe

A forum for discussion of regional topics including oil depletion but also government, society, and the future.
Post a reply

Honduras: Oil firms face Latin American woe

Unread postby KevO » Tue 16 Jan 2007, 08:31:16

Foreign oil firms have come under increasing pressure in Latin America as Honduras and Venezuela try to exert greater control over the industry. US oil companies have said they will stay in Honduras, despite the state saying it will temporarily seize control of oil storage containers.

The Honduran move, made on Friday, will affect firms such as Chevron and Esso. The news comes as Venezuela refused to negotiate with foreign oil firms over its wider nationalisation plans. FULL ARTICLE
KevO
Expert
Expert
 
Posts: 2775
Joined: Tue 24 May 2005, 03:00:00
Location: CT USA
Top

Re: Oil firms face Latin American woe

Unread postby Fergus » Tue 16 Jan 2007, 12:07:14

$this->bbcode_second_pass_quote('KevO', 'F')oreign oil firms have come under increasing pressure in Latin America as Honduras and Venezuela try to exert greater control over the industry. US oil companies have said they will stay in Honduras, despite the state saying it will temporarily seize control of oil storage containers.
The Honduran move, made on Friday, will affect firms such as Chevron and Esso. The news comes as Venezuela refused to negotiate with foreign oil firms over its wider nationalisation plans. FULL ARTICLE

Its amazing that these companies would even contemplate doing business in such states. But then since there the only ones with oil, I guess if your in the oil business, you gotta do business on their terms or not at all. I can see this as an accellerant to Peak Oil. When oil companies say 'screw you, its cheaper to close up shop then get robbed' it will be interesting to see what Honduras does with all its oil with no refineries or infrastructure to handle that oil. I wonder if it will ever get to that point where Shell and BP..et al. just say screw it, do it yourself and good luck.
User avatar
Fergus
Coal
Coal
 
Posts: 401
Joined: Tue 13 Jun 2006, 03:00:00
Top

Re: Oil firms face Latin American woe

Unread postby shortonoil » Tue 16 Jan 2007, 14:33:17

Fergus said:

$this->bbcode_second_pass_quote('', 'W')hen oil companies say 'screw you, its cheaper to close up shop then get robbed' it will be interesting to see what Honduras does with all its oil with no refineries or infrastructure to handle that oil.


What do they do? They get on the phone and call 1-800-China, and in comes money, technology, and a customer that might not support a 75,000 man, woman and child Angolaian, Haliburton financed type of slaughter. What goes around - comes around!
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 7132
Joined: Thu 02 Dec 2004, 04:00:00
Location: VA USA
Top

Re: Oil firms face Latin American woe

Unread postby Rafa » Tue 16 Jan 2007, 14:36:34

$this->bbcode_second_pass_quote('Fergus', 'W')hen oil companies say 'screw you, its cheaper to close up shop then get robbed' it will be interesting to see what Honduras does with all its oil with no refineries or infrastructure to handle that oil.


neighboring Nicaragua will have a fully functional reffinery then; built thanks to Venezuela...

Venezuela president is playing like a master geopolitican and has already several moves in advance; oil companies are actually helpless.

What surprizes me with that news however is that it is happening in Honduras, which still has a government very aligned with US interests; it was the Washington championed candidate for the UNO security council in order to bar Venezuela to hace a seat;
I mean there are maybe 3 or 4 countries in Latin America that are truly solid US allies, and Honduras is one of them.
If even those countries take moves to take control of ressources, that is a very telling thing.

$this->bbcode_second_pass_quote('', 'I') wonder if it will ever get to that point where Shell and BP..et al. just say screw it, do it yourself and good luck.


And where would Shell and BP et al move?
It is a worldwide thing, oil companies will accept or disappear, there are less and less countries where they have a strong position; look, it is happening even in Honduras, which has one of the most friendly government for them.


... in the ALBA signing ceremony in Nicaragua, Venezuela president Hugo Chavez told it: "oil companies will pay, they won't go, they don't even go from Irak, where there are bombs everyday"
User avatar
Rafa
Lignite
Lignite
 
Posts: 241
Joined: Thu 01 Sep 2005, 03:00:00
Top

Re: Oil firms face Latin American woe

Unread postby frankthetank » Tue 16 Jan 2007, 14:57:49

Or will oil firms create there own militant force with exmarines/seals and use force to keep status quo? Wait...they could just use the us military like in Iraq :) WMD's in Honduras? u betcha!
lawns should be outlawed.
User avatar
frankthetank
Light Sweet Crude
Light Sweet Crude
 
Posts: 6202
Joined: Thu 16 Sep 2004, 03:00:00
Location: Southwest WI
Top

Re: Oil firms face Latin American woe

Unread postby shortonoil » Tue 16 Jan 2007, 15:16:49

Rafa said:

$this->bbcode_second_pass_quote('', 'I')t is a worldwide thing, oil companies will accept or disappear, there are less and less countries where they have a strong position; look, it is happening even in Honduras, which has one of the most friendly government for them.


Because of the malfeasance, and belligerence that has been perpetuated for the last six years, by the present administration, who would want to align themselves with the US, if any other avenue was available. Some people in the world are probably remembering what happened to one of the US’s allies. I think, I saw a video recently of him swinging from a rope, he looked a little distressed! I think the world may be getting a little touchy with our policies of bend over, while I insert this new Shock and Awe weapon we’ve developed. Another year and a half of these lunatics, and Antarctic penguins will probably refuse to sell us snowballs!
User avatar
shortonoil
False ETP Prophet
False ETP Prophet
 
Posts: 7132
Joined: Thu 02 Dec 2004, 04:00:00
Location: VA USA
Top

Re: Oil firms face Latin American woe

Unread postby Rafa » Tue 16 Jan 2007, 15:35:35

$this->bbcode_second_pass_quote('frankthetank', 'O')r will oil firms create there own militant force with exmarines/seals and use force to keep status quo? Wait...they could just use the us military like in Iraq :) WMD's in Honduras? u betcha!


They probably would love to do so.
But the ability to do it is another thing.

And the situation is very different of what it was in Irak.
First of all, nobody will ever be as stupid again as to accept disarming.
The UNO won't be fooled again so easily.
Then, there doens't exist big heinous cultural or religious divisions between latinamericans for an invader to exploit; to the contrary, there is currently a big and growing move towards unity.
Irak was absolutely isolated, not only internationally, but even from its neirghbours; in Latin America there is a growing group of very close allies (including military alliances), making a hard kernel, and even more countries that, while not so closely tied, have more advantages to side with them than with the USA (that is, there is no chance that the OEA would favour a military intervention, for example).
Last, there was in Latin America active guerrillas during all the 1960s, 1970s and 1980s (and still now in Colombia); a lot of those guerrillas were never defeated (they just signed peace to end war but weren't militarly defeated), I mean, there is a sizeable amount of people with very high military skills; there are probably weapons stocks hidden somewhere too. Currently they favour political means (elections); but if a foreign invasion comes to tell them that political way is not possible, they could reactivate; it won't be anything like Irak with a few 2-4 invasors dead a day; but more like Vietnam or worse, like 20 or more dead a day. Note also that the growing feeling of unity, of being a same nation, also means that, contrary to the 1970s-1980s guerrillas, they won't stop at national boundaries; no matter which country would be invaded, people from all Latin America will came to fight.

And don't forget too that there are a lot of people with strong ties with Latin America in the United States, and in the army; how would they feel do you think?

To sum it up: a military action against a latinamerican country would be even much worst than a military action against Iran (which would already be a very stupid move). Of all the possible things it would be the most self-destructing for the United States to do.

I don't think it will happen.
Well, I HOPE it won't happen (for everybody's good).
User avatar
Rafa
Lignite
Lignite
 
Posts: 241
Joined: Thu 01 Sep 2005, 03:00:00
Top
Post a reply

Return to North America Discussion

Who is online

Users browsing this forum: No registered users and 1 guest



cron