Leftists Blame Capitalism, Global Warming For Mexican State-Owned Oil Company's Gulf Fire | WHAT REALLY HAPPENED

Leftists Blame Capitalism, Global Warming For Mexican State-Owned Oil Company's Gulf Fire

These tweets are stupidities because while the boiling gas fire at the bottom of the Gulf of Mexico is spectacular, it hasn't a single thing to do with either capitalism or global warming.

It's the result of an accident from a poorly maintained pipeline owned by Pemex, the state oil company of Mexico.

That's a 100% government-owned entity that was created in 1938 based on uncompensated expropriation from private-sector energy companies.

State energy enterprises are never capitalist, they are socialist state entities.

Mexico's is worse than most of them - even Venezuela's state oil company has some private ownership. Mexico's, though is a full socialist state creature with zero accountability to shareholders.

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