Venezuelan Dictator Hugo Chavez Stops Oil Sales to Exxon Mobil
Posted by Joshua Price on February 13, 2008
This should surprise no one. Chavez has threatened to do this and he continues to threaten to stop all oil flow to the U.S.
I doubt he would take such drastic action, seeing how illogic and counterproductive that would be, but unfortunately crazy dictators tend to act illogically and with varying degrees of insanity.
What we should take out of this is that it’s another reminder of why we need to decrease our dependency on foreign oil. Our oil supplies are in the hands of some of the most unstable people/countries.