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Caribbean-Latin America
Chavez Warns if U.S. Invades, Oil Goes Up
2005-10-21
Venezuelan President Hugo Chavez said Thursday that his government is preparing for a possible U.S. invasion and he warned that such "aggression" would send gasoline in the United States prices soaring higher. The U.S. government repeated that it is not planning any such thing. Chavez, a vocal critic of "imperialism" and the Bush administration, said he was not against the American people — just the current government.

"We are sure that it will be very difficult for the United States to attack Venezuela," Chavez said. He said his country has eight oil refineries and 14,000 gasoline stations in the United States. "If the United States tried to attack Venezuela by a direct invasion, forget the oil," he said during a two-hour news conference beamed live to Venezuela. "Everyday, we send 1.5 million barrels to the United States." The barrel price of crude oil could hit $150 following a U.S. attack, Chavez said. Currently New York light sweet crude oil trades around $60 a barrel. "That's why Pat Robertson, the spiritual adviser of Mr. Bush, is calling for my assassination _ that would be much cheaper than an invasion," Chavez said.
Posted by:Fred

#9  This guy is hopping like a cat on a hot tin roof.

Here's the deal, Shavetz, we invade and you have no freakin' control over oil prices.
Posted by: Captain America, esq   2005-10-21 15:01  

#8  
Maybe we'll invade --- and then maybe won't invade.....

Posted by: macofromoc   2005-10-21 11:52  

#7  Hugo hasn't quite grasped the concept. If the US gets pissed off enough to fight a real oil war, the new Venezuelan oilfields won't cost Uncle Sam a centavo.
Posted by: ed   2005-10-21 10:21  

#6  Sure oil goes up for awhile but dear Hugo goes down in the bargain and surely not fighting.
Posted by: MunkarKat   2005-10-21 10:17  

#5  Hugo Chavez and Donald Rumsfeld - the only two guys of importance who dont see the US army as overstretched.
Posted by: liberalhawk   2005-10-21 09:46  

#4  Heh, 2b - spot on. It's a phreakin' global phenomenon.
Posted by: .com   2005-10-21 09:10  

#3  said he was not against the American people — just the current government.

makes sense if you don't grasp that whole 'we the people' concept.
Posted by: 2b   2005-10-21 05:12  

#2  Hugo, if we want you dead, you will be, your mouth will not stop it. Hugo if we want your oil we will take it. Not a thing you or your mouth can do to stop it.
Posted by: Sock Puppet O´ Doom   2005-10-21 01:32  

#1  I guess thats Telling Us ! Now, if we let him get the oil out, he'd sell every drop to the Red Dragon!
Posted by: smn   2005-10-21 01:26  

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