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Venezuela threatens to cut oil exports to U.S (yap yap yap!)
Reuters on Yahoo ^ | 11/30/07 | Brian Ellsworth

Posted on 11/30/2007 4:49:54 PM PST by NormsRevenge

CARACAS (Reuters) - Venezuela's leftist President Hugo Chavez said on Friday he will cut oil sales to the United States if the American government interferes in Sunday's referendum aimed at allowing him to run for reelection indefinitely.

Chavez told supports at a rally that the state oil company will halt sales to the United States on Monday if Washington interferes with the vote on the proposed constitutional reform.

The Venezuelan leader and Cuba ally also said he had ordered the military to protect oil fields and refineries in case of political violence.

The reform would also give him direct control over foreign currency reserves while reducing the workday to six hours and expanding social security benefits for informal workers like street vendors.


TOPICS: Business/Economy; Foreign Affairs; Politics/Elections; War on Terror
KEYWORDS: chavez; hugochavez; oilexports; threatens; venezuela

Venezuelan President Hugo Chavez arrives at a rally in Caracas November 30, 2007.Venezuelans will cast their ballots on Sunday in a referendum on letting Chavez run for re-election indefinitely. REUTERS/Carlos Garcia Rawlins (VENEZUELA)


1 posted on 11/30/2007 4:49:55 PM PST by NormsRevenge
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To: NormsRevenge

Somebody else post the STFU image; I am growing weary of this buffoon from Caracas.


2 posted on 11/30/2007 4:50:59 PM PST by rabscuttle385 (This tagline left intentionally blank.)
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To: NormsRevenge
Hey Hugo


3 posted on 11/30/2007 4:51:35 PM PST by G8 Diplomat (Creatures are divided into 6 kingdoms: Animalia, Plantae, Fungi, Monera, Protista, & Saudi Arabia)
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To: NormsRevenge

1) Open the strategic reserve and bankrupt venezuela, russia and the Mussies.

2) Close Wallmart and bankrupt China

3) Nuke Pakistan and N Korea

4) Send everyone else the bill.


4 posted on 11/30/2007 4:52:48 PM PST by spanalot
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To: rabscuttle385




Por que no te callas?
5 posted on 11/30/2007 4:52:58 PM PST by G8 Diplomat (Creatures are divided into 6 kingdoms: Animalia, Plantae, Fungi, Monera, Protista, & Saudi Arabia)
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To: NormsRevenge

I believe we need a “Surge” in Venezuela.


6 posted on 11/30/2007 4:53:03 PM PST by Recon Dad (Marine Spec Ops Dad)
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To: NormsRevenge

Who will he sell his otherwise worthless dirty oil to? We have the only refineries that are capable of working with that sludge.


7 posted on 11/30/2007 4:53:48 PM PST by 2ndDivisionVet (Your "dirt" on Fred is about as persuasive as a Nancy Pelosi Veteran's Day Speech)
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To: G8 Diplomat
How would we interfere? By sending the Marines to force people to vote against him?

Hot air.

Even if he didn't sell oil directly to the US, he'd be selling into the world market, which means that we'd still have the same amount of oil available.

It's hard explaining simple economic reality to a socialist like Chavez.

8 posted on 11/30/2007 4:54:57 PM PST by Dog Gone
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To: NormsRevenge

Nobody from the USA will interfere except those leftist agitators.


9 posted on 11/30/2007 4:55:14 PM PST by RightWhale (anti-razors are pro-life)
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To: NormsRevenge

This guy is a complete idiot.


10 posted on 11/30/2007 4:55:15 PM PST by Bahbah
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To: NormsRevenge

Note to Hugo: You are one crazy man.


11 posted on 11/30/2007 4:56:05 PM PST by DennisR (Look around - God gives countless clues that He does, indeed, exist.)
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To: NormsRevenge
Noooo! Oh please almighty Hugo, please don't do that. And please save us
from Bush being re-elected! /idiot..
12 posted on 11/30/2007 4:56:09 PM PST by MaxMax (God Bless America)
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To: NormsRevenge

If possible, we should just quit importing from Venezuela. Let’s see how pimp-daddy does without U.S. funding.


13 posted on 11/30/2007 4:58:43 PM PST by DoughtyOne (Mr. President, Article IV Section IV is in our Constitution, and the states it refers to are ours.)
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To: NormsRevenge

Ahh, glad to see he’s in fine spirits. Though I find it ironic; the western press will print Hugo’s rants and raves, but is curiously silent on ME speeches and reports that state they’ll kill us all.

Wonder why that is?


14 posted on 11/30/2007 5:00:10 PM PST by kingu (No, I don't use sarcasm tags - it confuses people.)
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To: 2ndDivisionVet
Who will he sell his otherwise worthless dirty oil to? We have the only refineries that are capable of working with that sludge.

I'm sure China would.

Please explain the 'dirty oil - sludge'...had no idea. I thought oil was oil

Thanks.

15 posted on 11/30/2007 5:01:01 PM PST by LasVegasMac (Islam: Bringing the world death and destruction for 1400 years!)
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To: NormsRevenge

Does anyone have a pool going on when someone dispatches this doofus?


16 posted on 11/30/2007 5:02:18 PM PST by TigersEye (This is the age of the death of reason.)
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To: TigersEye

Does anyone have a pool going on when someone dispatches this doofus?


Not sure on that,, but Fidel told Hugo once again to be careful or he might get zapped by the gringos..

re: Fidel, that’s a pretty good trick btw, communicating from the other side,, Houdini would be jealous and Shirley McClaine most appreciative of the ability. ;-)


17 posted on 11/30/2007 5:05:59 PM PST by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline —1-866-DHS-2-ICE ... 9/11 .. Never FoRGeT)
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To: NormsRevenge
Venezuela's leftist President Hugo Chavez said on Friday he will cut oil sales to the United States

This would have no effect whatever on the oil market, even if Chavez were to not sell one drop to the US. Since oil is a worldwide fungible commodity, all his action means that that he sells more to China (for example) which would buy less oil from Norway, which would sell more to us.

18 posted on 11/30/2007 5:06:22 PM PST by BlazingArizona
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To: NormsRevenge

Citgo
Citgone
Citgonner


19 posted on 11/30/2007 5:07:26 PM PST by null and void (No more Bushes/No more Clintons)
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To: LasVegasMac

Oil is not oil. There are various grades which are even visually observable.

Venezuelan oil tends to be heavy oil, rich in such components as asphalt. Other grades look much more like motor oil.

Oil from each field varies. Some are better for making gasoline, others for diesel or jet fuel. You do need to tool your refineries for the type of crude you’re going to be refining. You can’t run North Sea crude, West Texas, and Venezuelan crude through the same refining unit. It won’t work.


20 posted on 11/30/2007 5:08:20 PM PST by Dog Gone
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To: G8 Diplomat
Hey! I can read lips!


21 posted on 11/30/2007 5:12:14 PM PST by FormerACLUmember (“If a tax cut increases government revenues, you haven’t cut taxes enough.” –Milton Friedman)
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To: RightWhale

Lets see, who will visit Hugo for a hug in the near future?
Nancy Pelosi, Jimmy Carter, Barabara Striesand, Sean Penn. Now don’t you feel a lot better knowing we have a working diplomatic contingency in the US that will step-in in a moments notice to suck up to brutal dictators around the world. DISPICABLE UN AMERICAN HUMANS!


22 posted on 11/30/2007 5:12:34 PM PST by ronnie raygun (Id rather be hunting with dick than driving with ted)
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To: NormsRevenge

23 posted on 11/30/2007 5:14:35 PM PST by reagan_fanatic (Ron Paul put the cuckoo in my Cocoa Puffs)
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A boy walks by a mural depicting the last supper showing Jesus, center, surrounded by leftists icons, including Venezuela's President Hugo Chavez, third from right, in Caracas, Friday, Nov. 30, 2007. Venezuelans will vote Sunday in a referendum called by the government on major changes to their constitution, including removing presidential term limits and expanding presidential powers. (AP Photo/Gregorio Marrero)


24 posted on 11/30/2007 5:15:00 PM PST by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline —1-866-DHS-2-ICE ... 9/11 .. Never FoRGeT)
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To: NormsRevenge

25 posted on 11/30/2007 5:16:10 PM PST by Bobalu (I guess I done see'd that varmint for the last time....)
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To: Dog Gone
Thanks!

Learn something everyday....

26 posted on 11/30/2007 5:18:11 PM PST by LasVegasMac (Islam: Bringing the world death and destruction for 1400 years!)
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To: NormsRevenge

Maybe I can get better odds if I bet it won’t be a gringo.


27 posted on 11/30/2007 5:20:00 PM PST by TigersEye (This is the age of the death of reason.)
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To: DoughtyOne
quit importing from Venezuela

Don’t know about rest of US, but in Texas most of the crap Citgo stations are out of biz due to our refusing to buy from Hugo.

Still there’s a big citgo refinery at Corpus Christi which is possibly the only one woprldwide that can turn asphalt into gasoline.

28 posted on 11/30/2007 5:20:10 PM PST by dusttoyou (FredHead from the git go)
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To: rabscuttle385
Somebody else post the STFU image; I am growing weary of this buffoon from Caracas.


Hey Hugo!...
Photo Sharing and Video Hosting at PhotobucketPhoto Sharing and Video Hosting at Photobucket

29 posted on 11/30/2007 5:21:18 PM PST by Cobra64 (www.BulletBras.net)
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To: NormsRevenge

Great graphic, Norm. I absolutely love it!

Have a great weekend.........stay warm.


30 posted on 11/30/2007 5:22:16 PM PST by EggsAckley
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To: Dog Gone
"How would we interfere?"

Maybe our lefties have Hugo convinced that Karl Rove can make Hugo's voting machines vote against him like the ones in Ohio did to Kerry. LOL!

31 posted on 11/30/2007 5:22:44 PM PST by penowa
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To: NormsRevenge

Venezuela supplies 14% of our oil imports and that represents 80% of their exports. So...


32 posted on 11/30/2007 5:22:59 PM PST by blam (Secure the border and enforce the law)
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To: LasVegasMac

http://www.financialsense.com/editorials/gue/2007/0330.html

Read the paragraph after the first chart...


33 posted on 11/30/2007 5:23:04 PM PST by 2ndDivisionVet (Your "dirt" on Fred is about as persuasive as a Nancy Pelosi Veteran's Day Speech)
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To: NormsRevenge

This guy is the exact opposite of what the state department would like. But..That might be a good thing. My State Department is paying over 500 million dollars to a terrorist organisation. WE just gave them a raise. I thought that we were fighting a war against ......TERRORISTS..my money and your money is going to the palestinians. They tell you that they are killers and terrorists.


34 posted on 11/30/2007 5:26:57 PM PST by mirkwood
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To: EggsAckley

Thanks..

stay warm.

Good luck! It’s gonna be 50ish the next few days..


35 posted on 11/30/2007 5:27:06 PM PST by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline —1-866-DHS-2-ICE ... 9/11 .. Never FoRGeT)
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To: LasVegasMac

Oh grasshopper you have a lot to learn.


36 posted on 11/30/2007 6:02:49 PM PST by Orange1998
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To: 2ndDivisionVet

Thanks for that.


37 posted on 11/30/2007 6:11:56 PM PST by Roccus (Hillary........brought to you by the PRC)
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To: NormsRevenge

“referendum aimed at allowing him to run for reelection indefinitely. “

Kind of like his friend Fidel, huh?


38 posted on 11/30/2007 6:24:15 PM PST by Aglooka
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To: dusttoyou

Good for you guys. We don’t have Citgo out here in California. I believe there are stations in the Ohio region.


39 posted on 11/30/2007 6:47:26 PM PST by DoughtyOne (Mr. President, Article IV Section IV is in our Constitution, and the states it refers to are ours.)
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To: dusttoyou
Still there’s a big citgo refinery at Corpus Christi which is possibly the only one woprldwide that can turn asphalt into gasoline.

I'm guessing but also hoping that you're joking, since that isn't possible. But the Corpus refinery is tooled for Venezuelan crude as are some in the Texas City area.

Some oil from Southern California has many of the same characteristics as oil from Venezeula, and the refineries there have to have units devoted to handling that heavy crude.

Heavy crude isn't bad. You can make less gasoline from it, but none of the barrel is useless. Asphalt is in constant demand.

We don't want to quit buying from Venezuela even though their oil is not exactly what we would prefer. The shipping costs, compared to what it would cost from the Middle East or elsewhere, make it our economic choice and we tool our refineries accordingly.

Still, my original post on this thread stands. Chavez could refuse to sell us oil, and it would make no difference than our decision not to buy Iranian oil.

The same amount of oil goes into the world market, and only the transportation fees increase, which affects the entire world, not the political target.

40 posted on 11/30/2007 6:47:56 PM PST by Dog Gone
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To: BlazingArizona

China can’t refine his sludge.


41 posted on 11/30/2007 8:13:31 PM PST by Atchafalaya
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To: spanalot

Has to be the most idiotic post I’ve ever seen. Really.


42 posted on 11/30/2007 8:21:55 PM PST by ItisaReligionofPeace
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To: ItisaReligionofPeace

“Has to be the most idiotic post I’ve ever seen. Really.”

Thank you. Insanity in individuals is rare - in groups, parties and nations it is the norm.


43 posted on 11/30/2007 8:24:39 PM PST by spanalot
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