http://www.bloomberg.com/apps/news?p...=latin_america
Venezuela is usually one of the top four suppliers of crude oil and fuel to the U.S., according to Energy Department figures. In some months the country sends more to the U.S. than Saudi Arabia. The top four suppliers include Mexico and Canada, and the order of the rankings change month by month.
The U.S. ``depends on us, not we on them,'' Chavez said in a May 16 interview with the U.K.'s Channel 4. Chavez warned that oil prices would soar to $100 a barrel if Venezuela chose to send its oil to China, Europe and other countries instead of the U.S.
Some say that this will have an impact on gas prices. Others say it wont that the market will take care of itself by other suppliers selling more.
I wonder if this is the beginning of an econmic war against the USA?



Reply With Quote
summit in St Petersburg with his own bit of Pipelineistan news. Putin announced in Shanghai on June 15 that "Gazprom is ready to support the construction of a gas pipeline from Iran to Pakistan and India with financial resources and technology".


Bookmarks