To: Dog Gone
Chavez has 20% of the world's oil. I don't think he's going to have an economic disaster. A social disaster, maybe...
To: Brilliant
Nigeria has a lot of oil, too.
27 posted on
12/24/2006 9:12:53 AM PST by
Dog Gone
To: Brilliant
Not all of it is developed, and probably won't be because it's far too expensive (and risky venture) to set up something like
Canada's tar sands development. In that case, those deposits in Venezuela aren't large enough to support an investment of that size.
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