Chavez tells US "no oil if you get crazy"

[Mari333]

Ha! I love it

http://www.msnbc.msn.com/id/7086661/

[Stop_the_War]

1. Viva Hugo Chavez!!!!!! kick !

[Vincardog]

2. the Bush administration is uneasy about Chavez's intimate ties with Castro

and his perceived efforts to silence the Venezuelan media and his political opponents.

When did the Idiot bu$h start to allow the free press and political opposition?

[Stop_the_War]

3. Chavez does not silence anybody

[Tierra_y_Libertad]

4. I wish Hugo could rent his backbone to some of our politicians.

Of course, that would make them "too liberal" and "unelectable".

[zbdent]

5. So, the WMDs are being shipped from Syria to Venezuela

now?

[Oreo]

6. We Love Their Oils...

forget about freedom! It's about time another foreign govt stood up to chimpy.

[GiovanniC]

7. Bush to CIA: "Why Is This Man Still Talking?"

Chavez has broken the Prime Directive of Foreign Policy With the Bush Administration: Do not threaten to take away Bush's oil.¹



FOOTNOTES
¹For our purposes, "Bush's oil" refers to any oil, anywhere on the planet.

[Ms. Clio]

18. "Will no one rid me of this troublesome priest?" n/t

[cthrumatrix]

8. Peak Oil behavior on display

[Spazito]

9. LOL Love that Chavez!!

He has agreements with Russia and China, he doesn't need the US to buy his products nor does he need US oil companies in his country to produce/process it and he is letting bush know that in NO UNCERTAIN terms.

[Ravenseye]

10. Nice. Piss off Bush....Good strategy

Question though...if Venezuela didn't sell us any of their oil, they'd sell it to other people. Those other people would be buying that oil, probably because they'd sell it cheaper than the oil they're curently being supplied.

So if that happens, the people who are currently supplying these other countries with oil would need to sell it to someone. Since the U.S. wouldn't be getting their Venezuelan oil, they'd buy these other people's oil, probably cheaper than their old Venezuelan price.

How would that affect us besides lowering our gas prices?

[Spazito]

11. Because oil is a non-renewable resource and, therefore,

will become more 'precious' and harder to find. Why do you think the US is SO interested in the middle east, to ensure a source of oil of course. Why would they do that if they thought there would be no problem keeping an adequate supply?

[Ravenseye]

12. Yeah Long Run

But if we figure global oil production as a set number then wouldn't one country refusing to sell to another just shift who buys what from whom?

I mean say Venezuela stopped selling to the U.S. tommorow. Wouldn't they have to sell to someone else tommorow or not sell their oil? If those other people bought their oil instead of say North Sea oil, wouldn't someone else (ie the U.S.) be in a position to buy that oil?

I just don't see it making much of a difference.

Now after we reach peak oil and there are people who want to buy oil they can't find anywhere....that might be a problem. Still we're not at peak oil yet, so it just wouldn't matter. Would it?

[bigtree]

15. The US currently receives 16 percent of its imported oil from sub-Saharan

—more than it gets from Saudi Arabia. West Africa exported almost twice as much crude oil to the US in 2001 as it did to Europe (68.1 million tonnes to the US, 34.9 million tonnes to Europe.) According to projections by the US National Intelligence Council, the proportion of oil imported to the US from sub-Saharan Africa will reach 25 percent by 2015, exceeding that from the Persian Gulf.

The region is also attractive to US companies because it is geographically closer than the Middle East. The region’s crude oil production exceeded four million barrels a day in 2000—more than Iran, Venezuela, or Mexico.

http://www.wsws.org/articles/2002/aug2002/oil-a20.shtml

[BrotherBuzz]

14. China's oil consumption is increasing....

Insatiable appetite, don't you know. They can absorb Venezuelan oil and continue purchasing elsewhere. Lower gas prices are a thing of the past.

[Ravenseye]

21. Not Peak Oil Yet

From what I understand that means they can still produce enough oil for everyone, and more.

If we were at Peak Oil, India or CHina would gobble it up and we'd have a shortage here cause we wouldn't be able to replace it. AS it stands we can replace it from somewhere. China has an isatiable appetite but is getting what they want right now, it's not like they have a shortage either.

[bvar22]

13. Surprise...surprise!!!

" a department {US State Dept} inspector general investigation found no evidence of U.S. wrongdoing."

[Pastiche423]

16. I wish our country

was a democratic nation like Venezuela.

Ah, to live in a country that was for, of and by the people.

[goodhue]

17. Indeed!

Or like India, for that matter, now that Congress party has replaced the fascist BJP.

[LaReservaPr]

20. I just read in Google News in Soanish

That Chavez is in India and plans to sell oil over to them.

[Frederik]

22. Russia-China-India-Brazil-Venezuela

are forming an unofficial "axis" it seems.

[cthrumatrix]

19. ever hear bush threaten a "corporation".....LOL (it's his base)

[Zhade]

23. For all the uninformed people who think Chavez is a "dictatorial thug"...

Viva Chavez!