Reply #13: how could this be?....

[unkachuck]

"...state-run oil company Petróleos de Venezuela (Pdvsa) and China National Petroleum Corporation (CNPC)."

....two efficient, well-run, well-financed, sovereign, state-owned oil companies cut a deal to produce 400,000 barrels of extra-heavy crude oil per day for twenty-five years....

....is this possible? I thought only free-market, earth-polluting, capitalist-oil-rapers were capable of this kind of proficiency....I was lead to believe the only thing government was good for, was killing people, and losing your mail....