Sindawe
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Here is another cost of the WoSD:
Venezuelan President Threatens U.S. With an Oil Embargo
August 15, 2005 8:05 p.m. EST
Matthew Borghese - All Headline News Contributor
Caracas, Venezuela (AHN) - Venezuelan President Hugo Chavez threatens to cut off oil exports to the United States, after tensions between the two countries mount.
During a recent speech in Caracas, President Chavez denounced the "aggressive" actions of the U.S. government against the South American country, threatening that Venezuelan oil "instead of going to the United States, could go elsewhere."
Tensions between the two countries have risen after Venezuela stopped assisting the U.S. in their War against Drugs.
In response, the U.S. canceled the military visas of Venezuelan military personnel, working with U.S. anti-drug agencies. Venezuela then deported U.S. Drug Enforcement Agency (DEA) officials.
Currently, Venezuela controls the largest oil reserves in South America, making it the world's fifth largest oil producer.
Current estimates say Venezuela exports almost 1.3 million barrels a day to the United States.
Source:http://www.allheadlinenews.com/articles/2248301410
Venezuela is #4 is supplier of oil. http://www.eia.doe.gov/pub/oil_gas/...ons/company_level_imports/current/import.html
Venezuelan President Threatens U.S. With an Oil Embargo
August 15, 2005 8:05 p.m. EST
Matthew Borghese - All Headline News Contributor
Caracas, Venezuela (AHN) - Venezuelan President Hugo Chavez threatens to cut off oil exports to the United States, after tensions between the two countries mount.
During a recent speech in Caracas, President Chavez denounced the "aggressive" actions of the U.S. government against the South American country, threatening that Venezuelan oil "instead of going to the United States, could go elsewhere."
Tensions between the two countries have risen after Venezuela stopped assisting the U.S. in their War against Drugs.
In response, the U.S. canceled the military visas of Venezuelan military personnel, working with U.S. anti-drug agencies. Venezuela then deported U.S. Drug Enforcement Agency (DEA) officials.
Currently, Venezuela controls the largest oil reserves in South America, making it the world's fifth largest oil producer.
Current estimates say Venezuela exports almost 1.3 million barrels a day to the United States.
Source:http://www.allheadlinenews.com/articles/2248301410
Venezuela is #4 is supplier of oil. http://www.eia.doe.gov/pub/oil_gas/...ons/company_level_imports/current/import.html