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Chavez: Oil could jump to $90 or $100 a barrel
business week ^ | 5/26/09 | business week

Posted on 05/26/2009 7:54:34 PM PDT by Flavius

Venezuela's president says he believes oil prices could climb eventually to $90 or $100 a barrel.

Hugo Chavez says he also is "more or less" in agreement with Saudi Arabia's estimate that in the more immediate future prices could hover between $75 and $80 a barrel.

President Hugo Chavez says that range is "where a fair price is at the moment."

(Excerpt) Read more at businessweek.com ...


TOPICS: News/Current Events
KEYWORDS: dreams
Great leader, your underestimating the power of demonazing legit US Oil Bus. however greedy.

When the powers to o slaps oil tax onto tin cans that are leftover , and introduce death traps with energizer bunnies.

Youd be lucky if the renewable oil is being sold for north of 200.

1 posted on 05/26/2009 7:54:34 PM PDT by Flavius
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To: Flavius

If Obuma has his way...we won’t need oil.


2 posted on 05/26/2009 7:56:21 PM PDT by Dallas59 ("You know the one with the big ears? He might be yours, but he ain't my president.")
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To: Flavius
With the world economy about to enter a depression, Chavez will be lucky to sell Venezuelan oil for $20 a barrel. No one's buying.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

3 posted on 05/26/2009 7:56:33 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: goldstategop

well the bs they are throwing around is the increased demand by the chicoms new car drivers in their own death traps, their emissions are in 1970’s range

but no clown talks about it,

and i guess Indians


4 posted on 05/26/2009 7:58:45 PM PDT by Flavius
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