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	<title>Comments on: A tale of two oil companies</title>
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	<description>Observations focused on the problems of an underdeveloped country, Venezuela, with some serendipity about the world (orchids, techs, science, investments, politics) at large. A famous Venezuelan, Juan Pablo Perez Alfonzo, referred to oil as the devil&#039;s excrement. For countries, easy wealth appears indeed to be the sure path to failure. Venezuela might be a clear example of that.</description>
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		<title>By: Malcriadez de Chavez #666: Hugo congela relaciones con Colombia &#171; El Excremento del Diablo</title>
		<link>http://devilsexcrement.com/2009/07/22/a-tale-of-two-oil-companies/#comment-1629</link>
		<dc:creator><![CDATA[Malcriadez de Chavez #666: Hugo congela relaciones con Colombia &#171; El Excremento del Diablo]]></dc:creator>
		<pubDate>Wed, 29 Jul 2009 03:19:31 +0000</pubDate>
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		<description><![CDATA[[...] Malcriadez de Chavez #666: Hugo congela relaciones con&#160;Colombia Julio 29, 2009   (This post in English here) [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Malcriadez de Chavez #666: Hugo congela relaciones con&nbsp;Colombia Julio 29, 2009   (This post in English here) [...]</p>
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		<title>By: Lanzacohetes venezolanos econtrados en manos de la FARC &#171; El Excremento del Diablo</title>
		<link>http://devilsexcrement.com/2009/07/22/a-tale-of-two-oil-companies/#comment-1595</link>
		<dc:creator><![CDATA[Lanzacohetes venezolanos econtrados en manos de la FARC &#171; El Excremento del Diablo]]></dc:creator>
		<pubDate>Tue, 28 Jul 2009 02:34:13 +0000</pubDate>
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		<description><![CDATA[[...] Lanzacohetes venezolanos econtrados en manos de la&#160;FARC Julio 28, 2009   (This post in English here) [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Lanzacohetes venezolanos econtrados en manos de la&nbsp;FARC Julio 28, 2009   (This post in English here) [...]</p>
]]></content:encoded>
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		<title>By: Guerra a la Venezolana por Laureano Marquez &#171; El Excremento del Diablo</title>
		<link>http://devilsexcrement.com/2009/07/22/a-tale-of-two-oil-companies/#comment-1587</link>
		<dc:creator><![CDATA[Guerra a la Venezolana por Laureano Marquez &#171; El Excremento del Diablo]]></dc:creator>
		<pubDate>Mon, 27 Jul 2009 17:15:44 +0000</pubDate>
		<guid isPermaLink="false">http://devilsexcrement.com/?p=6340#comment-1587</guid>
		<description><![CDATA[[...] Guerra a la Venezolana por Laureano&#160;Marquez Julio 27, 2009   (This post in English here) [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Guerra a la Venezolana por Laureano&nbsp;Marquez Julio 27, 2009   (This post in English here) [...]</p>
]]></content:encoded>
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		<title>By: Cuando la llegada de un barco cargado de azucar es noticia en Venezuela &#171; El Excremento del Diablo</title>
		<link>http://devilsexcrement.com/2009/07/22/a-tale-of-two-oil-companies/#comment-1585</link>
		<dc:creator><![CDATA[Cuando la llegada de un barco cargado de azucar es noticia en Venezuela &#171; El Excremento del Diablo]]></dc:creator>
		<pubDate>Mon, 27 Jul 2009 16:18:04 +0000</pubDate>
		<guid isPermaLink="false">http://devilsexcrement.com/?p=6340#comment-1585</guid>
		<description><![CDATA[[...] Cuando la llegada de un barco cargado de azucar es noticia en&#160;Venezuela Julio 27, 2009   (This post in English here) [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Cuando la llegada de un barco cargado de azucar es noticia en&nbsp;Venezuela Julio 27, 2009   (This post in English here) [...]</p>
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		<title>By: Washington planifica un &#8220;jaque mate&#8221; a Hugo Chavez de acuerdo a Heinz Dieterich &#171; El Excremento del Diablo</title>
		<link>http://devilsexcrement.com/2009/07/22/a-tale-of-two-oil-companies/#comment-1565</link>
		<dc:creator><![CDATA[Washington planifica un &#8220;jaque mate&#8221; a Hugo Chavez de acuerdo a Heinz Dieterich &#171; El Excremento del Diablo]]></dc:creator>
		<pubDate>Sun, 26 Jul 2009 00:26:33 +0000</pubDate>
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		<description><![CDATA[[...] Washington planifica un &#8220;jaque mate&#8221; a Hugo Chavez de acuerdo a Heinz&#160;Dieterich Julio 26, 2009   (This post in English here) [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Washington planifica un &#8220;jaque mate&#8221; a Hugo Chavez de acuerdo a Heinz&nbsp;Dieterich Julio 26, 2009   (This post in English here) [...]</p>
]]></content:encoded>
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		<title>By: Concurso: Ley o reglamento más estúpido emitido por la revolución boba &#171; El Excremento del Diablo</title>
		<link>http://devilsexcrement.com/2009/07/22/a-tale-of-two-oil-companies/#comment-1559</link>
		<dc:creator><![CDATA[Concurso: Ley o reglamento más estúpido emitido por la revolución boba &#171; El Excremento del Diablo]]></dc:creator>
		<pubDate>Fri, 24 Jul 2009 18:24:05 +0000</pubDate>
		<guid isPermaLink="false">http://devilsexcrement.com/?p=6340#comment-1559</guid>
		<description><![CDATA[[...] Concurso: Ley o reglamento más estúpido emitido por la revolución&#160;boba Julio 24, 2009   (This post in English here) [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Concurso: Ley o reglamento más estúpido emitido por la revolución&nbsp;boba Julio 24, 2009   (This post in English here) [...]</p>
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		<title>By: GWEH</title>
		<link>http://devilsexcrement.com/2009/07/22/a-tale-of-two-oil-companies/#comment-1555</link>
		<dc:creator><![CDATA[GWEH]]></dc:creator>
		<pubDate>Fri, 24 Jul 2009 11:48:09 +0000</pubDate>
		<guid isPermaLink="false">http://devilsexcrement.com/?p=6340#comment-1555</guid>
		<description><![CDATA[bueno Miguel PDVSA is prospecting for oil in Ecuador and Cuba!]]></description>
		<content:encoded><![CDATA[<p>bueno Miguel PDVSA is prospecting for oil in Ecuador and Cuba!</p>
]]></content:encoded>
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	<item>
		<title>By: moctavio</title>
		<link>http://devilsexcrement.com/2009/07/22/a-tale-of-two-oil-companies/#comment-1553</link>
		<dc:creator><![CDATA[moctavio]]></dc:creator>
		<pubDate>Fri, 24 Jul 2009 05:07:01 +0000</pubDate>
		<guid isPermaLink="false">http://devilsexcrement.com/?p=6340#comment-1553</guid>
		<description><![CDATA[I don&#039;t know relative to the size of the economy, but Revenues were 77 billion, profits were like 15 (twice PDVSA!) Assets 200 billion. 

http://www.petronas.com.my/internet/corp/centralrep2.nsf/frameset_home?OpenFrameset

They are in Argentina, Sudan, Moznabique, Thailand, Vietnam, Gabon....

Company owns tallest buildings i the world... (trivia)

sole sharholder the Government, not a bad job...]]></description>
		<content:encoded><![CDATA[<p>I don&#8217;t know relative to the size of the economy, but Revenues were 77 billion, profits were like 15 (twice PDVSA!) Assets 200 billion. </p>
<p><a href="http://www.petronas.com.my/internet/corp/centralrep2.nsf/frameset_home?OpenFrameset" rel="nofollow">http://www.petronas.com.my/internet/corp/centralrep2.nsf/frameset_home?OpenFrameset</a></p>
<p>They are in Argentina, Sudan, Moznabique, Thailand, Vietnam, Gabon&#8230;.</p>
<p>Company owns tallest buildings i the world&#8230; (trivia)</p>
<p>sole sharholder the Government, not a bad job&#8230;</p>
]]></content:encoded>
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	<item>
		<title>By: Andres F.</title>
		<link>http://devilsexcrement.com/2009/07/22/a-tale-of-two-oil-companies/#comment-1552</link>
		<dc:creator><![CDATA[Andres F.]]></dc:creator>
		<pubDate>Fri, 24 Jul 2009 04:59:15 +0000</pubDate>
		<guid isPermaLink="false">http://devilsexcrement.com/?p=6340#comment-1552</guid>
		<description><![CDATA[Your Malaysian example sounds interesting, but does oil revenue in Malaysia represent a large share of their country’s revenue? Have they lived decades of easy wealth?
I believe knowing how to run a company is very significant, but I also believe the devil’s excrement goes beyond this ability. I believe easy wealth creates economic and social chaos, for most underdeveloped countries.]]></description>
		<content:encoded><![CDATA[<p>Your Malaysian example sounds interesting, but does oil revenue in Malaysia represent a large share of their country’s revenue? Have they lived decades of easy wealth?<br />
I believe knowing how to run a company is very significant, but I also believe the devil’s excrement goes beyond this ability. I believe easy wealth creates economic and social chaos, for most underdeveloped countries.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: El cuento de dos empresas petroleras &#171; El Excremento del Diablo</title>
		<link>http://devilsexcrement.com/2009/07/22/a-tale-of-two-oil-companies/#comment-1551</link>
		<dc:creator><![CDATA[El cuento de dos empresas petroleras &#171; El Excremento del Diablo]]></dc:creator>
		<pubDate>Fri, 24 Jul 2009 03:36:39 +0000</pubDate>
		<guid isPermaLink="false">http://devilsexcrement.com/?p=6340#comment-1551</guid>
		<description><![CDATA[[...] El cuento de dos empresas&#160;petroleras Julio 24, 2009   (This post in English here) [...]]]></description>
		<content:encoded><![CDATA[<p>[...] El cuento de dos empresas&nbsp;petroleras Julio 24, 2009   (This post in English here) [...]</p>
]]></content:encoded>
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