[MeanWestTexan]

Don't know much about commodity markets, do you?

Oil is a more-or-less fungible commodity with a near fixed demand. Venezuela sells to the market. If we don't buy directly, someone else does. (And thus the other buyer does not buy from whomever why then buy from.)

Hence, why non-universal boycotts or embargoes are pointless.

[Sabramerican]

If they were an enemy of the United States we would make sure their oil was as embargoed as Iraq's in the 90's.

Are we punishing them in any way? No body likes Chavez but you can not pretend that Venezuela is an enemy of the United States and that Israel should not do business with them.