Hugo warns he will cutoff oil to the US.
Hugo was overdue for a new rant……heere is his latest:
CARACAS, Venezuela – President Hugo Chavez threatened on Sunday to cut off oil sales to the United States if Venezuela is attacked by its U.S.-allied neighbor Colombia in a dispute over allegations that Venezuela gives haven to Colombian rebels.
Chavez made his warning in an outdoor speech to thousands of supporters, saying: "If there is any armed aggression against Venezuela from Colombian territory or anywhere else supported by the Yankee empire, we … would suspend shipments of oil to the United States!"
"We wouldn't send another drop of oil to its refineries, not a single drop more!" Chavez shouted, adding that the United States is "the big one to blame for all the tension in this part of the world."
Gee, I wonder if this has something to do with CA bankruptcy-heh
http://www.bloomberg.com/news/2010-07-20/california-official-s-800-000-salary-in-city-of-38-000-triggers-protests.html
Rizzo will retire w/600k/yr pension-has a $1.1 mil house in Huntington Beach, and a horse farm in Auburn,WA-living large as city manager of city of 38,000 population.
BP CEO Hayward to be replaced.
Hugo warns he will cutoff oil to the US.
Hugo was overdue for a new rant……heere is his latest:
CARACAS, Venezuela – President Hugo Chavez threatened on Sunday to cut off oil sales to the United States if Venezuela is attacked by its U.S.-allied neighbor Colombia in a dispute over allegations that Venezuela gives haven to Colombian rebels.
Chavez made his warning in an outdoor speech to thousands of supporters, saying: "If there is any armed aggression against Venezuela from Colombian territory or anywhere else supported by the Yankee empire, we … would suspend shipments of oil to the United States!"
"We wouldn't send another drop of oil to its refineries, not a single drop more!" Chavez shouted, adding that the United States is "the big one to blame for all the tension in this part of the world."
Crys – thanks. Sad that he can't come up with anything new. That's a speech retread from 2 or 3 years ago.
NMM reported this am–call going on
http://navios-mlp.irwebpage.com/files/NMM_MLP_Earnings_Q2_2010.pdf
http://www.tradewinds.no/finance/article563815.ece
The Monday post is up