Posted on 05/15/2006 7:30:54 AM PDT by roaddog727
Strange developments in Caracas continue to point toward a difficult time ahead for the U.S. oil supply, as diverse influences continue to move events toward an uncertain end.
Unrealistic fuel subsidies, external and internal, and the continuing alienation of global oil industry are combining to put Venezuelas government in a box, and threaten the U.S. supply.
(Excerpt) Read more at joe-duarte.com ...
As always, Have at it.
We don't need Venezuela.
Venezuela is having to buy oil from Russia just to be able to meet its own oil delivery obligations because its oil production is being so horribly mismanaged.... predictable.
Venezuela needs us more than we need Venezuela. The sludge that comes out of the ground there is very difficult to refine.
Same thing happening in Iran.
These bums don't care about improving their own countries and providing better conditions for their peoples.....
it's all about their twisted ideologies and the projected hate of a classic inferiority complex.
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Also, Chavez has run off most of the highly skilled professionals in the oil industry (the geologists, the engineers, upper management, etc.) and replaced them with political hacks who have no practical experience running Venezuela's oil business but excel at mouthing leftist slogans.
It's only a matter of time before some enterprising Venezuelan puts Chavez out of his (and our) misery
Just a'waitin and a-hopein...
Venezuela depends 90 percent on oil for dollars. Most of that is from the sale of oil to the U.S. The oil bought by the US is crude oil which requires refining before it can be used.
Venezuela's capacity to refine crude is limited. It is not cutting off its nose to spite its face, it is cutting its throat.
The U. S. does not need Venezuela's oil. It buys from Venezuela only because the U. S. agreed to give Venezuela some of the U. S. market to help that Third World out.
Chavez's understand of economics is, like all socialists, sadly lacking.
Oh dear, what's going to happen to all of those marvelous reduced price fuel oil deals that Chavez has struck with Kennedy and the NE governors????
I do not gasoline from any Venezuelan owned Citgo stations. I urge that freepers do the same.
I won't be heartbroken.
Not to advocate policy, but I got to admit I've never been able to figure out the logic where USA law forbids targeting foreign heads of state for assassination, but is ok with dealing with a problem head of state by sending an entire army to topple the said head of state.
Wouldn't any reasonable person conclude it is far more compassionate on the citizens of said foreign country if their problematic leaders were quitely snuffed, rather than bombing and invading their countries?
The old USSR excelled at such precision work.
Talk to our lame brained Congress about that.
Like most socialist programs -it's all smoke and mirrors.
Kennedy et al were sold a bill of goods.
They ought to send a beautiful girl down there to shake his hand, only instead of skin she has a plastic coating on her hand that's covered with flesh eating bacteria. Then, after she shakes his hand, she can peel away the covering and... (chortle, chortle) dispose of it while he realizes (too late!) that he's been hit!
I have already consciously stopped buying my fuel from CITGO. It is 100% owned by Venezuela. None of my hard-earned yankee green-backs are going to help old "HUGO-the-GREAT" further his agenda.
Hey Hugo, no mas dinero por ti - iho de puta.
Sure we do. Major league baseball needs more players from that country.
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