Oil: Venezuela and Nigeria

CNN/AP reports that Chavez is threatening to cut off oil to U.S.. Given the arrogance of the Bush administration and the stupidity of statements such these by Condoleezza Rice I know I would do this same were I in his shoes. I’m about fucking tired of Bush and the other war criminals vomiting declarations of which countries are democratic and which ones are threats to democracy. The hypocrisy of this bunch of White House terrorists is just infuriating.

CARACAS, Venezuela (AP) — Venezuelan President Hugo Chavez has warned he could cut off oil exports to the United States if Washington goes “over the line” in what he has said are attempts to destabilize his left-leaning government.

Chavez made his threat Friday, a day after U.S. Secretary of State Condoleezza Rice said the Venezuelan government posed “one of the biggest problems” in the region and that its ties to Cuba were “particularly dangerous” to democracy in Latin America.

“The government of the United States should know that if they go over the line, they are not going to have Venezuelan oil,” Chavez said.

“I have already taken measures regarding this. I’m not going to say what because they think that I can’t take these measures because we would not have any place to send the oil,” Chavez said.

Regarding Nigera, check this excellent article at the Oil Drum.

This latest story at CNN is just a sample of what has been going with the abduction of oil workers in Nigeria:

LAGOS, Nigeria (Reuters) — Nigerian militants launched a string of attacks on the world’s eighth largest oil exporter on Saturday, abducting nine foreign workers from an offshore barge and attacking at least two other facilities.

Militants from the Movement for the Emancipation of the Niger Delta said they were targeting all oil pipelines, production platforms and export terminals in Delta state, which accounts for about a quarter of Nigeria’s 2.4 million barrels per day production.

Technorati Tags: , , , , , , , , , , , ,

Leave a Reply