Is This The Beginning Of The End For Venezuela's Oil Sector?

[Smokin Joe]

Sometimes the media will also blame the earlier leader, if it fits their agenda, like this http://www.gopbriefingroom.com/index.php/topic,221672.msg1026261.html#msg1026261

We saw that with the whole Bush's Fault meme, too. It was the Community Reinvestment Act policies against 'redlining' (another word for prudent release of capital in the loan market) which led to the insane real estate bubble, and a host of financial 'products' designed to comply with the law and avoid lawsuits, but which actually set up the whole disaster in 2007/8 along with the derivatives market.

Clinton's Fault, and those kick the can down the road policies which don't go into effect until someone else is in office are designed to transfer blame to the next office holder. I honestly think the whole Obamarama was supposed to be a one term show, so the Obamacare went into full effect under a Republican President and GOP controlled Congress and they got the blame. 

There is always a way to blame someone else if you have a willing press and stupid people.

I agree, education remains key in all this, but with Honey booboos and lardashians, and 'murica's got talent, getting past the twitter feeds and Facebook fence (where the gossips hang out) is going to be tough.

[IsailedawayfromFR]

There is always a way to blame someone else if you have a willing press and stupid people.

I agree, education remains key in all this, but with Honey booboos and lardashians, and 'murica's got talent, getting past the twitter feeds and Facebook fence (where the gossips hang out) is going to be tough.

You mean taking courses like this instead of courses that help one to get a real skillset?
http://www.gopbriefingroom.com/index.php/topic,220192.msg1018042.html#msg1018042

[geronl]

This is the least of their worries. Eating would be the first.

I heard a Caracas Zoo was broken into and people slaughtered a horse.

[Frank Cannon]

I heard a Caracas Zoo was broken into and people slaughtered a horse.

Kinda. They were using the horses to feed the zoo animals and the locals were eating the zoo animals. I think Zero Hedge had some good stories on the total breakdown of society down there. People are spending their days hunting pigeons in the cities for nourishment.

[geronl]

Kinda. They were using the horses to feed the zoo animals and the locals were eating the zoo animals. I think Zero Hedge had some good stories on the total breakdown of society down there. People are spending their days hunting pigeons in the cities for nourishment.

They should be hunting Chavistas

[Smokin Joe]

You mean taking courses like this instead of courses that help one to get a real skillset?
http://www.gopbriefingroom.com/index.php/topic,220192.msg1018042.html#msg1018042

IIRC, Harvard offered a course in underwater basketweaving...

[Oceander]

IIRC, Harvard offered a course in underwater basketweaving...

What about underwater dowsing?  Maybe coals to Newcastle?

[Smokin Joe]

What about underwater dowsing?  Maybe coals to Newcastle?

Actually, underwater dowsing might work. Dowsers can dowse for more than just water, and have been known to dowse for oil and precious metals, too. One I know of walked over 4 different wildcat well locations and his predictions were right every time, and even predicted a well in a formation that did not normally produce (he gave a depth of the 'oil vein', he didn't know the name of the rock layer). He did better than the geophysicists who only got half of them right, and predicted the wrong geological formations. (Two producers, two dry holes).

Last I heard, they had plenty of coals in Newcastle.

[IsailedawayfromFR]

One I know of walked over 4 different wildcat well locations and his predictions were right every time, and even predicted a well in a formation that did not normally produce (he gave a depth of the 'oil vein', he didn't know the name of the rock layer). He did better than the geophysicists who only got half of them right, and predicted the wrong geological formations. (Two producers, two dry holes).

Better be careful, @Smokin Joe , as that dowser guy sounds cheaper than the pay given these long-term geologists, and some of those geophysicists might not care too much for spilling the beans as well.

I think I already related how this engineer stumbled onto a new formation by mistakenly picking the wrong collars to perforate......

[Smokin Joe]

Better be careful, @Smokin Joe , as that dowser guy sounds cheaper than the pay given these long-term geologists, and some of those geophysicists might not care too much for spilling the beans as well.

I think I already related how this engineer stumbled onto a new formation by mistakenly picking the wrong collars to perforate......

They still have to have someone find it in the wellbore.
I had to think for a second, counting casing collars, not drill collars. I have been in the drilling end for a long time.
As for engineer's mistakes, that sure beats running out of surface hole before running out of casing string, and some others I have seen...   Better lucky than good, sometimes.