To: All
Venezuela's turmoil is disrupting oil supplies *** The oil company told its international clients Wednesday morning that it could not meet its export commitments. Workers have refused to load tankers with oil and other products since April 3. A New York trader told The Herald that over 28 tankers were waiting offshore for loading. ''They have shut down oil production completely because they do not have anywhere to put the oil,'' the trader said on condition of anonymity.
``Only two tankers have been dispatched since Wednesday, one to Cuba, and the other I don't know where.''***
EX-president of Venezuelan state oil company accuses government of eroding morale ***Other bones of contention were the central government's demand that the company hand over $4.4 billion in dividends last year, forcing PDVSA to borrow $500 million to pay the bill; and the oil sales to Cuba, whose leader, Fidel Castro, is Chavez's longtime mentor. · Chavez has insisted that oil sales continue to Cuba, despite an unpaid $97 million bill for past sales. ***
To: Cincinatus' Wife
Good morning C-Wife, thanks for the post. Perhaps it's high time America bites the bullet and wean ourselves off the breast of Arab and "other" foreign oil? There's plenty 'round here in the oil-patch that would appreciate a return to glory for American Oil. Stop funding terrorists, our enemies and 3rd world dictators too.
To: Cincinatus' Wife
Good morning, CW.>/p>
...one to Cuba, and the other I don't know where.
I hope it's to Panama because we depend on Venezula for our refinery. Need to top off my gas tank this a.m.
Thank you for the article.
To: Cincinatus' Wife
I wonder how long it can go on like this.
5 posted on
04/11/2002 4:19:34 AM PDT by
livius
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