Thursday, February 05, 2004

Meanwhile - Venezuela Crude

Oil & Gas Journal's Maureen Lorenzetti writes from Washington D.C. that industry analysts and some US government officials worry that the tense relationship between the US and Venezuela is deteriorating to a point where key US crude imports could be jeopardized in the not too distant future.  article

No problem. We'll get to them next. We're going to be calling a victory in Iraq this summer. Venezuela next winter will be a nice place to wage war.

White House policy shifts US government and industry sources said the White House's National Security Council met during the third week in January to mull a more aggressive policy direction, including possible economic sanctions, aimed at state-owned PDVSA....Industry and US government sources said that at present the White House appears to be divided on what the US should do next if Chavez continues to embrace policies that are seen as a threat to US interests in the region.

It always starts with sanctions. If you've been reading my Venezuela posts, you know we've already started talking up Venezuela in the press as supporting terrorists. The same plan will work over and over and over.

....but hey, do what you want....you will anyway.

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