Thursday, February 14, 2008

Venezuela Suspends Oil Sales to Exxon Mobil

Caracas, Venezuela — Venezuela's state oil company said Tuesday that it has stopped selling crude to Exxon Mobil Corp. and has suspended commercial relations with the U.S.-based oil company. State-run Petroleos de Venezuela SA, or PDVSA, said in a statement that it ''has paralyzed sales of crude to Exxon Mobil.'' It said the decision was made ''as an act of reciprocity'' for the company's ''judicial-economic harassment.''

[how dare they take us to court for having stolen their property. Unfriendly nations are lining up to blackmail us with their oil - we need to develop our own reserves, now.]

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