I see your point, but see jolado's diary "Peak Oil = Myth..."  One could also argue that the examples of Venezuela and Bolivia relate more to governments with particular socialist/nationalistic slants, not to say it couldn't happen elsewhere.  The other argument would be that multi-national oil companies are already effectively outside the control of most governments, including that of the US.  

I can swear there ain't no heaven but I pray there ain't no hell. _ Blood Sweat & Tears