NYSEAM:BQI - Post by User
Post by
eliner63on Aug 12, 2007 12:51am
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Post# 13233629
Latest threat to oil
Latest threat to oilhttps://news.yahoo.com/s/nm/20070811/bs_nm/venezuela_oilprice_dc
Will the markets ignore Chavez "again", or will they take heed of an imbecile? I think the markets are tired of his rhetoric and would love an alternative. The last time they stopped exporting because of a strike, it nearly crippled the country. 100 dollar oil would be possible, but won't do them any good without selling it. Can't even see the Colombian pipeline being completed, the governments hate each other.
The future for the Canadian oilsands looks brighter "again"