Monday, February 11, 2008

The Threat

Hugo has threatened to cut off oil to the US. Here is the article. All because Exxon Mobil has sought legal recourse from Chavez strong arming them out of the oil fields in Venezuela without proper remuneration for their investment.

Exxon Mobil has won a judgement to freeze $12 billion in assets of PDVSA, the Venezuelan national oil company.

This gives cause for Chavez to whine and point fingers at the bad U.S. of A. which is his biggest customer.

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