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Re: DewDiligence post# 6053

Saturday, 11/10/2012 2:22:33 AM

Saturday, November 10, 2012 2:22:33 AM

Post# of 30493
I only own one o&g producer but i won't be buying any now 'cause I think the economy is going to tank and oil prices will drop or, at best, be flat.

Historically, most South American governments have not provided very useful investment environments; that includes brazil. So I'm unlikely to invest in any South American companies or any company which is highly leveraged on s American assets. However, I think the Ecuadorean stuff will be inconsequential to cvx even if Argentina does something nutty.

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