Posted on 02/05/2006 1:51:34 PM PST by wjersey
Good point...but it makes ME feel better not to shop at Citgo.
I can't believe I still laugh every time I see these!
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.
Pat Robertson had a point, eh?
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.
Anyone got any "Boycott Citgo" stickers or logos to post?
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.
His economy would tank in 30 days.
He's trying to scare up a pretextual "threat" to validate his plans for dictatorship.
Reminds me of Cleavon Little in "Blazing Saddles" where he takes himself hostage pointing the gun to his head!
If they embargo US shipments, they won't be making shipments anyplace.
But no face cards.
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.
Yep, this is just like "Blazing Saddles."
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.
Putin is the real oil and gas cartel to watch, his "energy security" G8 Summit is coming soon.
"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.
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.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.