Venezuela Prepared to Stop U.S. Exports
Venezuela could easily sell oil to markets other than the United States and is prepared to end exports to its No. 1 buyer if needed, the oil minister said in comments published Sunday.
President Hugo Chavez's government has recently stepped up threats to cut off oil exports to the United States and sell Venezuelan-owned refineries there amid rising tensions with President George W. Bush's administration.
"If our country, our process, our constitution are attacked by the Bush administration, we are not going to send any more oil," Oil Minister Rafael Ramirez told the Ultimas Noticias daily in an interview. "We'll see then which of the two governments is able to manage this type of a situation better."
( Full story here )
President Hugo Chavez's government has recently stepped up threats to cut off oil exports to the United States and sell Venezuelan-owned refineries there amid rising tensions with President George W. Bush's administration.
"If our country, our process, our constitution are attacked by the Bush administration, we are not going to send any more oil," Oil Minister Rafael Ramirez told the Ultimas Noticias daily in an interview. "We'll see then which of the two governments is able to manage this type of a situation better."
( Full story here )
posted by Oil Shock at 2/26/2006 05:41:00 PM
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