Chavez Threatens to Shut Off US Oil
By Micah Halpern
Monday July 26, 2010
I've Been Thinking:
Chavez of Venezuela just threatened to stop exporting oil to the United States if Columbia launches any attack on its territory.
The Columbians believes that rebels are crossing their 1300 mile mutual border and crossing back to the refuge of Venezuela. Chavez believes that the US is behind the arrogance of the Columbian government.
According to Hugo Chavez: "If there was any armed aggression against Venezuela from Colombian territory or from anywhere else, promoted by the Yankee empire, we would suspend oil shipments to the United States even if we have to eat stones here."
Chavez will not live up to his promise. Why? Because 90% of Venezuela's oil exports go to the US of A. The entire economy of Venezuela would collapse if Chavez actually pulled the plug on the United States.