Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.
Joined: Jun 26, 2007 Posts: 380 Location: The Canada of America
Posted: Sat May 17, 2008 8:00 am Post subject: Re: Images huguito wouldn´t like you to see.
pana_burda wrote:
Nickel ....... stick with me and you will have answers to ALL of your concerns/questions, ok?
No, seriously, if he's so bad, why do they keep voting for him? If it's rigged, why didn't he win the referendum to extend the number fo times he can be president? _________________ I can has cheezburger?
Joined: Sep 11, 2007 Posts: 303 Location: In freefall speed right down to the claws of the devil
Posted: Sat May 17, 2008 8:59 am Post subject: Re: Images huguito wouldn´t like you to see.
Quote:
Fuentes militares habian confirmado previamente a El Nuevo Herald que el presidente Chavez sostuvo durante varias horas anoche reuniones con el alto mando militar y altos funcionarios de su gobierno en el Fuerte Tiuna para discutir los potenciales escenarios y prevenir posibles reacciones en la poblacion.
''Chavez ha estado reunido durante varias horas con el alto mando'', confirmo el comandante Joel Acosta Chirinos, uno de los lideres del golpe del 4 de febrero de 1992, que se convirtio en disidente y apoyo la opcion del "No''.
La version fue confirmada a El Nuevo Herald por un alto militar, quien anadio que aparentemente el presidente Chavez habria recibido presiones de sectores militares y sus propios seguidores chavistas de que se preparara incluso para aceptar una derrota si los resultados mostrasen una tendencia definitiva
This version was confirmed to the Herald by an high military source regarding the pressures received by hugo from military sectors and from his own followers that, he should accept his defeat should such electoral tendency become definite.
[url=http://www.elnuevoherald.com/167/story/125388.html ]Link[/url]
...... and guess who that high military eventually was, I gather out of the lights of the events and its timeline:
Quote:
Caracas.- El general de brigada Antonio Rivero, confirmo ante medios de comunicacion, su salida de la Direccion Nacional de Proteccion Civil y Administracion de Desastres.
"A partir de manana pasare a las ordenes del Ejercito tras ser removido de la direccion de Proteccion Civil", admitio Rivero durante los actos de beatificacion de la Madre Candelaria de San Jose en el estadio Universitario de la UCV.
Rivero estuvo durante cinco anos consecutivos al frente de este organismo. Su cambio fue anunciado ayer a traves de un boletin de prensa del Ministerio de Interior y Justicia, que no ofrecio mayores detalles en torno al cambio.
Article
Another thing related to this issue is the difference in the total numbers of the recall. While official numbers gave a very narrow margin for the momentary "defeat", I remember reading out of the same Miami´s paper the difference was way over One Million votes ...... and I am strongly inclined to believe such foreign report.
Joined: Jun 13, 2007 Posts: 2967 Location: Minniesotuh
Posted: Fri Jun 20, 2008 7:12 am Post subject: Re: THE Venezuela/Chavez Thread (merged)
Chavez May Stop Oil to Europe Over Immigrant Law
Venezuelan President Hugo Chavez Thursday threatened to stop selling oil to European countries if they apply a new ruling on illegal immigrants that is criticized in Latin America and by human rights groups. …
"Venezuelan oil will not go to the countries that apply this shameful directive. I'll say it now, Venezuelan oil will not go," Chavez said. …
France's Total and Norway's Statoil are among the European companies operating in Venezuela. …
Link _________________ "RRrrruuuunnnn!!!" ~Apocalypto
Joined: Apr 06, 2006 Posts: 2599 Location: 3 miles NW of Champoeg
Posted: Fri Jun 20, 2008 9:50 am Post subject: Chavez threatens EU with oil boycott
Quote:
Venezuelan president Hugo Chavez has fuelled the growing rift between Opec oil-producing nations ahead of a major summit this weekend, by threatening to block supplies to European countries.
Meanwhile Iran, also a major oil producer, said pumping more oil would do nothing to stop the surge in prices, after Saudi Arabia revealed that it may be increasing its production again.
As angry protests broke out in China over a sharp rise in its fuel prices today, Chavez said he was enraged by new rules passed by the EU parliament on Wednesday, aimed at standardising the process by which member nations deport illegal immigrants. They contain contentious measures such as providing for long detention periods.
In a televised speech, Chavez said: "Our oil shouldn't go to those countries" in Europe who apply new rules for deporting illegal immigrants. He also threatened to block European investments in his country. Venezuela sells most of its oil to the US and is a minor supplier to Europe.
Europe
PdVSA participates in two joint refining ventures in Europe, with the company holding equity interest in 294,000 bbl/d of refining capacity in the region. PdVSA holds a 50 percent stake in AB Nynas, a Swedish company that operates five refineries: Nynashamm (Sweden), Gothenburg (Sweden), Antwerp (Belgium), Eastham (England), and Dundee (Scotland); PdVSA’s share of this capacity is 50,500 bbl/d. PdVSA also holds a 50 percent stake in Ruhr Oel, in partnership with BP. Ruhr Oel holds ownership stakes in five German refineries, Gelsenkirchen, Neustad, Karlsruhe, and Schwedt, with PdVSA’s share of this capacity at 243,000 bbl/d.
_________________ Cogito, ergo non satis bibivi
This aggression will not stand, man.
"We can find a needle in a haystack, but it is still a needle." - Colin Campbell on oil exploration.
Posted: Fri Jun 20, 2008 10:52 am Post subject: Re: Chavez threatens EU with oil boycott
You stole one of Cid's post opportunities again. Shame on you. _________________ Peak oil is sort of like a mental Everlasting Gobstopper, except it tastes like ass and you can't get it out of your mouth.
Joined: Mar 28, 2007 Posts: 330 Location: Cambs., UK
Posted: Fri Jun 20, 2008 11:00 am Post subject: Re: Chavez threatens EU with oil boycott
Chavez threatening oil cuts? It could only be a weekday. _________________ "Nothing survives. Not your parents. Not your children. Not even stars."
-Pinbacker, Sunshine
Joined: Apr 06, 2006 Posts: 2599 Location: 3 miles NW of Champoeg
Posted: Fri Jun 20, 2008 11:07 am Post subject: Re: Chavez threatens EU with oil boycott
Figured Cid for a Zapista at first, was surprised when he started posting all the environmental news. Good contributor, he is. _________________ Cogito, ergo non satis bibivi
This aggression will not stand, man.
"We can find a needle in a haystack, but it is still a needle." - Colin Campbell on oil exploration.
Joined: May 27, 2007 Posts: 886 Location: The Post Peak Oil Historian
Posted: Fri Jun 20, 2008 11:33 am Post subject: Venezuela may stop selling oil to Europe
Venezuelan President Hugo Chavez on Thursday threatened to stop selling oil to European countries if they apply a new ruling on illegal immigrants that is criticized in Latin America and by human rights groups.
European Union lawmakers ruled on Wednesday that illegal immigrants can be detained for up to 18 months and face a reentry ban of up to five years.
"We can't just stand by with our arms crossed," Chavez said at an event to celebrate his OPEC country's oil supplies to South America attended by Paraguay's visiting president-elect, who also criticized the law.
Millions of Latin Americans live in Europe, many from poor Andean countries and war-weary Colombia.
For centuries colonized by European nations, after independence Latin America also received waves of European immigrants escaping the major wars and economic crises of the 20th century.
"Venezuelan oil will not go to the countries that apply this shameful directive. I'll say it now, Venezuelan oil will not go," Chavez said.
The socialist ally of Cuba also threatened to expel investments made by such countries, warning he would draw up a list of their business in the OPEC member nation.
"We are ready to do this now," he said. "Here in Venezuela at least, they won't be missed."
Bolivian President Evo Morales on Wednesday said the European law was "racist."
"We, too, could say that we are going to expel those who have looted and stolen from us, those who imposed policies of hunger and misery, those who exported illness, exploitation, discrimination," Morales, an Aymara Indian, said.
link _________________ In a time of deceit, telling the truth is a revolutionary act.
- George Orwell
Posted: Fri Jun 20, 2008 1:05 pm Post subject: Re: Venezuela may stop selling oil to Europe
Well, I fear the oil producing nations will learn they can start dictating politics around the world. Their oil will not go down in price, but just rise autonomically so they will figure why sell it cheap when we can wait a month or two and get much more. And possibly get their way to boot!
Posted: Fri Jun 20, 2008 1:24 pm Post subject: Re: Venezuela may stop selling oil to Europe
There may be a flip side to the oil embargo idea. We all hear about the coming 'oil wars'. I bet King Fahd called his special meeting not because he wants to dictate policy to oil importing countries, but because he has concerns about getting his country taken away from him. Chavez should have the same concerns. To quote the Messiah, Barack O'bama, "these are little countries and can't hurt the United States". But we are a big country, and can/should/will do what we need to do for the 'good of all people', especially ourselves. There are lot of posts here about how the 'people' will demand energy even at a cost to the enviroment ( coal ). They will also not care about Kings, emirs, or pudgy little dictators from starving south American countries. _________________ HOLDING THE CENTER
Posted: Fri Jun 20, 2008 3:37 pm Post subject: Re: Venezuela may stop selling oil to Europe
vetusfirma wrote:
There may be a flip side to the oil embargo idea. We all hear about the coming 'oil wars'. I bet King Fahd called his special meeting not because he wants to dictate policy to oil importing countries, but because he has concerns about getting his country taken away from him. Chavez should have the same concerns. To quote the Messiah, Barack O'bama, "these are little countries and can't hurt the United States". But we are a big country, and can/should/will do what we need to do for the 'good of all people', especially ourselves. There are lot of posts here about how the 'people' will demand energy even at a cost to the enviroment ( coal ). They will also not care about Kings, emirs, or pudgy little dictators from starving south American countries.
The best way to get your country taken away from you is to use oil as political blackmail rather than allowing it to flow freely in the market. Other countries will treat that as a causus belli. _________________ Peak oil is sort of like a mental Everlasting Gobstopper, except it tastes like ass and you can't get it out of your mouth.
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