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Venezuela 'could stop oil deliveries to US': Chavez
Deutsche Presse-Agentur ^ | 2/5/2006 | staff

Posted on 02/05/2006 1:51:34 PM PST by wjersey

click here to read article


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To: Dog Gone

Good point...but it makes ME feel better not to shop at Citgo.


21 posted on 02/05/2006 2:02:02 PM PST by Txsleuth (l drink tea, not kool-aid.)
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To: GladesGuru
All your oil fields are belong to us.

I can't believe I still laugh every time I see these!

22 posted on 02/05/2006 2:02:48 PM PST by md2576 (DOh! Did I forget my /sarc tag again?!?)
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To: freeangel

Perhaps taking a copy of this article to your local convenience stores which choose to use CITGO as their supplier and asking them to consider switching might also be an option.


23 posted on 02/05/2006 2:03:54 PM PST by Republican Wildcat
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To: wjersey

Pat Robertson had a point, eh?


24 posted on 02/05/2006 2:05:12 PM PST by Pharmboy (The stone age didn't end because they ran out of stones.)
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To: Erik Latranyi
This is no big deal whatsoever. Unless Venezuela actually reduces oil production, this action by Chavez would just result in a switch in oil suppliers. Other countries would buy from Venezuela, then we would have to buy more from the Mideast and Canada and buy the oil that is not being bought by other countries who are now buying from Venezuela. Because oil is so easily shipped around, the oil market is a global market and the only result of Chavez's stupid decision would be a slight increase in shipping costs into the US. We would be buying oil from countries that are farther away, so we might have to pay another $0.50 per barrel in shipping costs (or something in that range.)

This is pure political bluster and BS by Chavez and it will have zero economic effect on the US. Citgo could be disrupted for a few weeks while they scramble to find new suppliers, but after that the whole thing adds up to a big NADA.

25 posted on 02/05/2006 2:07:09 PM PST by carl in alaska (The democrats did not invent treason, but they invented the use of treason as a political strategy.)
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To: Republican Wildcat

Anyone got any "Boycott Citgo" stickers or logos to post?


26 posted on 02/05/2006 2:09:26 PM PST by MrLee
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To: bordergal

See post #25. This is no threat whatsoever; this is a stupid joke. On further reflection, we might not even have to pay more shipping costs because of "shell games" played by shipping companies, e.g., Japanese, Italian, or French ships might pick up the oil in Venezuela and then immediately sell it to American companies and deliver it to the US. So this might just results in a change in the national flag of the ships that move oil from Venezueal to the US. Chavez is just a huge bulls####er. He can't do a thing to us without actually cutting his own oil production.


27 posted on 02/05/2006 2:12:35 PM PST by carl in alaska (The democrats did not invent treason, but they invented the use of treason as a political strategy.)
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To: wjersey

His economy would tank in 30 days.


28 posted on 02/05/2006 2:14:57 PM PST by Eric in the Ozarks (BTUs are my Beat.)
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To: Erik Latranyi

He's trying to scare up a pretextual "threat" to validate his plans for dictatorship.


29 posted on 02/05/2006 2:16:52 PM PST by Shermy
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To: carl in alaska

Reminds me of Cleavon Little in "Blazing Saddles" where he takes himself hostage pointing the gun to his head!


30 posted on 02/05/2006 2:19:47 PM PST by Emmett McCarthy
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To: wjersey
his country could halt all oil deliveries to the United States

If they embargo US shipments, they won't be making shipments anyplace.

31 posted on 02/05/2006 2:21:22 PM PST by RightWhale (pas de lieu, Rhone que nous)
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To: wjersey
he has some cards

But no face cards.

32 posted on 02/05/2006 2:22:06 PM PST by RightWhale (pas de lieu, Rhone que nous)
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To: Cicero

Your analysis is spot on. Chavez has had the idea that oil is on a spot market explained to him a hundred times, and he fails to understand it each time.


33 posted on 02/05/2006 2:26:12 PM PST by giobruno
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To: Emmett McCarthy

Yep, this is just like "Blazing Saddles."

34 posted on 02/05/2006 2:26:19 PM PST by defenderSD (¤¤ In a battle of wits against a FReeper, the typical liberal is unarmed. ¤¤)
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To: wjersey
Yeah right, Chavez. Do you really think you have supporters because they 'love' you?

Cut off the oil, and he'll be out of office in weeks.
35 posted on 02/05/2006 2:27:37 PM PST by burzum (A single reprimand does more for a man of intelligence than a hundred lashes for a fool.--Prov 17:10)
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To: wjersey; freeangel

I don't buy CITGO. Chavez can stop deliveries to the US, but others will sell to the US and it will have little or no impact on the oil market. Thanks Jimmy for validating his fraud recall election. Now people in Venezuela who signed the recall petition have lost their jobs and intimidated by Chavez's thugs.


36 posted on 02/05/2006 2:30:10 PM PST by GeorgefromGeorgia
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To: wjersey

Putin is the real oil and gas cartel to watch, his "energy security" G8 Summit is coming soon.


37 posted on 02/05/2006 2:31:14 PM PST by Just mythoughts
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To: freeangel
BOYCOTT CITGO now!

Maybe he's already feeling the effects of just that. His rhetoric may be telegraphing economic wounds.
38 posted on 02/05/2006 2:32:06 PM PST by Liberty Valance (gone fishin')
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To: giobruno

"It would be easy for us to shut all our refineries in the USA,\' said Chavez in a speech late Saturday to thousands of supporters marking the anniversary of the 1992 coup attempt which he led."

Well MR.Chavez it would also be easy for the US government just to seize all your refineries,citgo's, and other assets in the US so go ahead do your worst.We need some more US owned refineries anyhow. What are you gonna do Hugo our military will annihilate you.


39 posted on 02/05/2006 2:33:40 PM PST by MARKUSPRIME
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To: wjersey

First the Arab oil embargo.
Then once again the arab oil embargo.
How about the hostage crisis.
And then there was the Kuwait war.
How about the war in Iraq.
And now Chavez threatens an oil embargo.

Even a 5 year old child would have learned by now!

And people still keep buying those SUV's.


40 posted on 02/05/2006 2:41:13 PM PST by seawolf101
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