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Article #41919

Re: Oil soars on halts by Iraq, Venezuela

#41919
From: Dave Simpson
Date: Tue, 09 Apr 2002 19:40
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Chunga wrote:

> Oh my! Cronyism in a state-run industry in Latin America!  Marxists too!
> Never seen that before! Guess we're done for.....
> 
> They can't afford to halt oil exports for long.  One way or another the oil
> will begin to flow in a matter of days.
> 
> Again, I say....Yawn!!

  I won't if the price at the pump goes up.  Neither the Arab nations
and Iran nor Venezuela can neglect their oil income, but that doesn't
prevent them from engaging in a boycott or suffering other problems. 
The Arabs have boycotted in the past and made the West suffer.  Europe
is concerned about the possibility of oil shocks as much if not more
so than people are here in North America.


  Dave Simpson
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From: david_l_simpson@yahoo.com (Dave Simpson)
Newsgroups: can.general,can.politics,dc.general,la.general,ny.general
Subject: Re: Oil soars on halts by Iraq, Venezuela
Date: 9 Apr 2002 12:40:19 -0700
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