Building a world of
resilient communities.

MAIN LIST

 

Venezuela May Suspend Oil Shipments to U.S.

The Venezuelan government said Wednesday it may suspend oil shipments to the United States in case of an eventual conflict with that country.

"In case of an aggression, that option would be considered," said Energy and Mining Minister Rafael Martinez in an interview released Wednesday through US news-broadcast system in Spanish CNN.

He added the suspension of oil supply is his country's right.

The impasse between Venezuela and the United States began late last February after Venezuelan President Hugo Chavez accused his US counterpart George W. Bush of financing the opposition's plot against his government.

In addition, Chavez believed the United States was behind the coup in 2002, which briefly ousted him from office. Two days later, he returned to the presidency.

Such denunciations have been denied by the United States, the principal purchaser of Venezuelan oil. Venezuela is the world's fifth largest oil exporter.

In the run-up to the Aug. 15 recall referendum, Chavez increased his attacks on Washington, saying Bush, not the Venezuelan opposition, was his true political foe.

According to surveys, the oil-rich country is almost evenly divided between those who would oust Chavez and those who would have him to stay on as president.

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Saudi Arabia: The great oil game

 With the recent increase in Saudi production, it is clear that they …

8 States Dealing With Huge Increases in Fracking Earthquakes

A new report, released Thursday from the U.S. Geological Survey (USGS), …

Our Renewable Future   

How we use energy is as important as how we get it.

Congresswoman Declares Pipeline and Oil-by-Rail Regulatory System "Fundamentally Broken"

“The system is fundamentally broken.”

Peak Oil Review - Apr 27

 A weekly roundup of peak oil news, including: Oil and the Global …

Peak Oil Notes - Apr 23

Industry leaders are warning that the $114 billion cut in capital …

Climate change: can the Seneca effect save us?

A Seneca shaped production curve would considerably reduce the amount of …