No, it is not. You are claiming that an oil company has status over the country in which they are drilling. The oil is Venezuela's. Oil leases do not make oil exploiters owners. That is a risk companies assume when they drill in foreign lands.No idiot the companies paid for the leases sand exploration and equipment and Chavez stole them from the US oil companies. It would be like you leasing a car then the company stole it from you after you paid for the lease.