Andy

June 24, 2010

Venezuela to nationalize U.S. firm's oil rigs

Alrighty CIA- go to it.

Venezuela to nationalize U.S. firm's oil rigs

Venezuela will nationalize a fleet of oil rigs belonging to U.S. company Helmerich and Payne- the latest takeover in a push to socialism as President Hugo Chavez struggles with lower oil output and a recession.