Las Vegas Realtor Steve Harless - RE/MAX EXTREME 702.217.1680: Venezuela Halts Oil Sales to Exxon Mobil

Venezuela Halts Oil Sales to Exxon Mobil

Watch out!  Things could get real weird with this action from President Hugo Chavez!!!

Exxon Mobil is locked in a dispute over the nationalization of its oil ventures in Venezuela that has led President Hugo Chavez to threaten to cut off all Venezuelan oil supplies to the United States. Venezuela is the United States' fourth largest oil supplier.

Some analysts say it would make little sense for Chavez to follow through on his broader threats to cut off oil sales to the U.S. because Venezuela owns refineries in the United States that are customized to handle the South American country's heavy crude.

Comments

Let's wait and see what occurs.
Posted by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta) about 1 year ago

should be interesting Jim, to say the least!

Posted by Steve Harless "Your Las Vegas Real Estate Connection" (RE/MAX EXTREME - 702.217.1680) about 1 year ago
yikes
Posted by Steve Harless "Your Las Vegas Real Estate Connection" (RE/MAX EXTREME - 702.217.1680) about 1 year ago

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