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Kansas Bear
11 Feb 08,, 04:53
CARACAS, Venezuela (AP) - President Hugo Chavez on Sunday threatened to cut off oil sales to the United States in an "economic war" if Exxon Mobil Corp. wins court judgments to seize billions of dollars in Venezuelan assets.
Exxon Mobil has gone after the assets of state oil company Petroleos de Venezuela SA in U.S., British and Dutch courts as it challenges the nationalization of a multibillion dollar oil project by Chavez's government.

A British court has issued an injunction "freezing" as much as $12 billion in assets.

"If you end up freezing (Venezuelan assets) and it harms us, we're going to harm you," Chavez said during his weekly radio and television program, "Hello, President." "Do you know how? We aren't going to send oil to the United States. Take note, Mr. Bush, Mr. Danger."

Chavez has repeatedly threatened to cut off oil shipments to the United States, which is Venezuela's No. 1 client, if Washington tries to oust him. Chavez's warnings on Sunday appeared to extend that threat to attempts by oil companies to challenge his government's nationalization drive through lawsuits.

"I speak to the U.S. empire, because that's the master: continue and you will see that we won't sent one drop of oil to the empire of the United States," Chavez said Sunday.

"The outlaws of Exxon Mobil will never again rob us," Chavez said, accusing the Irving, Texas-based oil company of acting in concert with Washington.

Exxon Mobil spokeswoman Margaret Ross said the company had no comment. A U.S. Embassy spokeswoman in Caracas did not return a call.

Venezuela accounted for about 12 percent of U.S. crude oil imports in November, the latest figures available from the U.S. Energy Department. The 1.23 million barrels a day from Venezuela makes that country the U.S.'s fourth-biggest oil importer behind Canada, Saudi Arabia and Mexico.

Venezuelan Oil Minister Rafael Ramirez has argued that court orders won by Exxon Mobil have "no effect" on the state oil company PDVSA and are merely "transitory measures" while Venezuela presents its case in courts in New York and London.

Exxon Mobil is also taking its claims to international arbitration, disputing the terms it was granted under Chavez's nationalization last year of four heavy oil projects in the Orinoco River basin, one of the world's richest oil deposits.

Other major oil companies including U.S.-based Chevron Corp., France's Total, Britain's BP PLC, and Norway's StatoilHydro ASA have negotiated deals with Venezuela to continue on as minority partners in the Orinoco oil project.

ConocoPhillips and Exxon Mobil, however, balked at the tougher terms and have been in compensation talks with PDVSA.

Chavez Threatens US Oil Cutoff (http://www.breitbart.com/article.php?id=D8UNOD3G0&show_article=1)

lwarmonger
11 Feb 08,, 07:28
Oil is a commodity. Therefore in order to hurt us he would have to not sell it to anyone (or sell it far below market prices or in specific barter arrangements). Meaning Venezuela's economy collapses.

gunnut
11 Feb 08,, 10:06
I hope he cuts us off. It'll hurt him more than us. In fact, it may help us. Skyrocketing gas price will teach those SUV drivers a thing or two about buying a car that blocks my view. :biggrin:

lwarmonger
11 Feb 08,, 11:39
I hope he cuts us off. It'll hurt him more than us. In fact, it may help us. Skyrocketing gas price will teach those SUV drivers a thing or two about buying a car that blocks my view. :biggrin:

Well, unless he stops selling oil on the world commodity markets, the only effects it will have are somewhat higher transportation costs for both of us after an initial period of readjustment. After all, it isn't like there aren't other sources of oil/customers out there for everyone involved.

Adux
11 Feb 08,, 14:15
Why is this guy still around?

Exarecr
11 Feb 08,, 15:20
Compared to what Canada supplies to the U.S.,this is a drop in the bucket. Not to many Americans realize Canada is the their biggest supplier of energy. Better be nice or we will stop feeding the beavers. Ever seen a beaver stampede when the little fur balls are hungry. Cities have disappeared!

Kansas Bear
11 Feb 08,, 19:08
Why is this guy still around?

My question exactly!

dalem
11 Feb 08,, 19:49
Why is this guy still around?

Because he is incredibly unimportant. A whacky lefty bent on ruining his country.

Ho hum.

-dale

lwarmonger
11 Feb 08,, 23:18
Compared to what Canada supplies to the U.S.,this is a drop in the bucket. Not to many Americans realize Canada is the their biggest supplier of energy. Better be nice or we will stop feeding the beavers. Ever seen a beaver stampede when the little fur balls are hungry. Cities have disappeared!

We know all about your plans to invade! Massing 90% of your population along our border and whatnot! Working for the English eh? Cut off our natural gas, and then provide a place for their redcoats to land?

Exarecr
11 Feb 08,, 23:57
You have more girl guides then Canada has people. You could swarm us with girl guide cookies as weapons of mass consumption!

dalem
12 Feb 08,, 02:33
You have more girl guides then Canada has people. You could swarm us with girl guide cookies as weapons of mass consumption!

Heh. The last time we fought you guys it didn't work out so well for us.

-dale

troung
12 Feb 08,, 02:55
Heh. The last time we fought you guys it didn't work out so well for us.

It was the Canadian winter and polar bear technology - with global warming along with the decline of the polar bear population; round three will be an American victory.

The boys will be home by X-mas.

lwarmonger
12 Feb 08,, 03:22
It was the Canadian winter and polar bear technology - with global warming along with the decline of the polar bear population; round three will be an American victory.

The boys will be home by X-mas.

Well, the Canadians do have a commanding lead in Zamboni technology.

Officer of Engineers
12 Feb 08,, 03:23
It was the Canadian winter and polar bear technology - with global warming along with the decline of the polar bear population; round three will be an American victory.

The boys will be home by X-mas.Celine Dion is vacationing back in Canada you know *** grumble, grumble ***

TopHatter
12 Feb 08,, 04:27
Celine Dion is vacationing back in Canada you know *** grumble, grumble ***

Sir, haven't you ever considered that Miss Dion might just be an American plot to annoy the living hell out of our neighbors to the north, particularly you? :confused:

Officer of Engineers
12 Feb 08,, 06:43
No, the Americans gave us BAYWATCH.

troung
12 Feb 08,, 07:22
From the Canada at war section...

Celine Dion Leaves Las Vegas
by Gina Serpe
Mon, 17 Dec 2007 09:46:27 AM PST
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Her heart may go on and on, but her show has, at long last, come to an end.

Celine Dion's A New Day... ended its nearly five-year, 717-show run in Las Vegas Saturday night with an emotional farewell performance, given to a sold-out crowd of 4,100 well-wishers, among them Dion's husband René Angélil and her seven-year-old son René-Charles.

The two-hour show was punctuated with by several emotional yet intentionally non-teary speeches by Dion, expressing her gratitude to fans for coming to her show at Caesar's Palace Colosseum, created specifically for her debut on March 25, 2003, and to her family for their support in her Sin City endeavor.

Her only tears of the night came followed her encore of "My Heart Will Go On."

"It's quite hard to believe that we've come to an end," she said. "It's a pleasure to perform for you...it was a wonderful adventure. It was an emotional night. It was a wonderful adventure."

Dion also told the capacity crowd that she was "extremely in shock that, night after night, week after week, year after year, you came, you were here."

In a post-show news conference, Dion said making it to the final performance was extremely important to the consummate professional, who devoted blood (a viral infection in October, the highly contagious mycoplasma bronchitis last November and the rare ear infection labyrinthitis in May 2006), sweat (a Cirque de Soleil-themed show performed nightly on a 5.7-degree angled stage) and tears (she persevered through a performance even on the day her father passed away in 2003) to the stage show, all of which made her feel, "at one point, like the Titanic was going to sink again."

"But we believed and we went on with it."

Dion reminisced about the inception of the stage show during the final performance, telling the audience that many industry heavyweights initially balked at the idea of taking up a residency.

She also told the crowd, just a fraction of the three million people who are estimated to have seen the show during the course of its run, that the nightly spectacle was almost called off due to her budding pregnancy, back in 2000 when the both the show and René-Charles were first being conceived, and bad reviews.

"The vibe was not that positive for us," she said in a pre-show video. Of her coinciding pregnancy, she added, "I had a life for the first time. I knew then that I wanted to have more success as a mother than a singer."

She says the sacrifice paid off in the end.

"Most of us have left our families behind to give ourselves every night. I can assure you it was worth it.

"Tonight I was emotionally invaded," she said. "It was very important for me to pace myself and try not to cry."

The crowd, however, did not abide by the same rules.

Nearly every song sung by Dion Saturday resulted in a standing ovation, with the final curtain call enduring through 10 straight minutes of applause and cheers. The concert's end, for which René-Charles walked on stage to hand flowers to his Grammy-winning mother, culminated in a shower of red rose petals raining down on the stage.

For those unable to make the trek out to see the show at Caesar's Palace, in the $95 million theater the hotel-casino built specially for Dion, the singer's final performance will be screened in roughly 200 movie theaters across the country later today, courtesy of Fathom Events.

All told, the show has grossed more than $400 million during its run. Dion's departure from Caesar's, however, paves the way for Bette Midler to begin a residency of her own on Feb. 20, with The Showgirl Must Go On.

Dion, meanwhile, won't have long to reminisce about her run. She kicks off a 96-date world tour in support of her new album, Taking Chances, in Johannesburg on Feb. 14.

dalem
12 Feb 08,, 08:28
It was the Canadian winter and polar bear technology - with global warming along with the decline of the polar bear population; round three will be an American victory.

The boys will be home by X-mas.

We will be welcomed with butter tarts.

And then our hearts will explode.

-dale

Adux
12 Feb 08,, 10:21
Sir, haven't you ever considered that Miss Dion might just be an American plot to annoy the living hell out of our neighbors to the north, particularly you? :confused:

Thank god, that titanic song is passe, I remember my girlfriend in High school annoying the living daylights out of me.

Adux
12 Feb 08,, 10:22
No, the Americans gave us BAYWATCH.

can we edit out German singing sensation David Hairy Hasselhoff.
Keep carmen electra.

troung
12 Feb 08,, 20:44
We will be welcomed with butter tarts.

We'll bring Canada democracy, shaving of women's legs and proper grammar.

We could reach the capital, Toronto, in a week tops.

Bella
13 Feb 08,, 05:37
Chavez is more talk than action! If he does cut the U.S. off...........I believe the U.S. will be able to compensate thru allies and determination.
Plus...........he's going to have to suffer the consequences of sanctions.

BenRoethig
18 Feb 08,, 12:40
I say let him, in fact, lets do it for him. You have to have special refineries to process Venezuelan crude. If the Russians or Chinese can process it, let them have it. Either way, the sooner we invest in alternate fuels, the sooner this clown and the Saudis become irrelevant again.

Wraith601
21 Feb 08,, 03:23
Somewhere a bunch of lefties in Che shirts are having wet dreams over this assclown. Most other people just yawned and moved on to more important topics, like what to eat for lunch.

gamercube
21 Feb 08,, 04:21
But seems like you haven't moved on, since you're still posting about this......:P