Sunday, February 10, 2008

Time to dance. Chavez threatens to cut off oil to america if he loses in court


When the music plays there's no point in delay.

Thumbnail image for penn_chavez.jpgCARACAS, Venezuela (AP) - President Hugo Chavez on Sunday threatened to cut off oil sales to the United States if Exxon Mobil Corp. wins court judgments to seize his government's assets.




"If you end up freezing (Venezuelan assets) and it harms us, we're going to harm you," Chavez said. "Do you know how? We aren't going to send oil to the United States. Take note, Mr. Bush, Mr. Danger."


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Exxon Mobil has gone after the assets of state oil company Petroleos de Venezuela SA in U.S., British and Dutch courts as it challenges the nationalization of a multibillion dollar oil project by Chavez's government.

A British court has issued an injunction "freezing" as much as $12 billion in assets.

"The outlaws of Exxon Mobil will never again rob us," Chavez said, saying the Irving, Texas-based oil major acts in concert with "the imperialist government of the United States" and is part of corporate "worldwide mafias."

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Tell me again why we have a CIA?



3 comments:

Always On Watch said...

And just how much oil do we buy from Venezuela in the first place?

I continue to boycott Citgo.

Anonymous said...

Does Venezuela process all their own crude? Any of it? Does Chavez rely on America to process the product at all?

Like AOW, I avoid Citgo, Shell, Mobil etc. (see link) and stay with companies that do not import oil from the Persian Gulf.

Pastorius said...

As of two years ago, Venezuela was our fourth largest supplier of oil.