[EERinOK]

Thanks for the links to oil news.

Chavez just last week was saying to Chevron they have capacity and technology to boost their Venezuelan output 16%, that it would be a real good deal for both.

Wonder what Chevron thinks now? I think Chavez is mentally unstable thinking he can bully oil companies, especially trying to leverage with tar, not crude.

[OKIEDOC]

No, Chavez wants to do what the Mexicans did.

Take over any existing foreign production.

Chavez is nationalizing many other industries besides oil.

Lots of products are manufactured in Venezuela, things such as medicines, tooth paste, soaps and exported to the United States.

I doubt that the game Chavez is trying to play is a winning one for him.

Castro tried some of the same and ended up getting Cuba fifty years of misery.