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65 comments on Venezuela Halts Oil Sales to Exxon Mobil

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jteehan on February 12, 2008 - 10:31pm Permalink | Subthread | Comments top

I'm sure they'll just sell it to the Dipsey Oil Corporation who will sell it to Exxon, probably using the same boat. Most of the heavy oil refineries are in the US, so what are they going to do? I'm sure if they really had another buyer, they would have sold to that buyer a long time ago.

PO notwithstanding, they're not going to stop selling oil.

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hightrekker on February 12, 2008 - 10:46pm Permalink | Subthread | Parent | Comments top

They still have the oil--
And it is not getting less valuable.
Checkmate.
Next game?

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KJD on February 13, 2008 - 12:59am Permalink | Subthread | Parent | Comments top

How about this ----
America is addicted to OIL.
OPEC controls 2/3 of the worlds oil reserves.
97 percent of the transportation system in USA runs on OIL.
Checkmate.
Game over !!!

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marcosdumay on February 13, 2008 - 7:34am Permalink | Subthread | Parent | Comments top

Not entirely so. Altough Venezuela could go on (authough poorer) without selling oil, the Hugo Chaves goverenment can't.

I'm quite curious to see what interest will prevail.

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arraya on February 12, 2008 - 11:09pm Permalink | Subthread | Parent | Comments top

My question is: How practical is it for Venezuela to take their oil elsewhere?

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shmuu102 on February 13, 2008 - 1:53am Permalink | Subthread | Parent | Comments top

At least slightly more practical than for the US to live without it.

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