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Chavez says oil running out.........

 
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andyh



Joined: 24 Nov 2005
Posts: 323
Location: New Zealand

PostPosted: Sat Aug 13, 2005 11:31 am    Post subject: Chavez says oil running out......... Reply with quote

From the Times this morning: Hugo Chavez, preesident of Venuezuela sounded a chilling warning over present conditions ' We are on the verge of an oil crisis. Oil prices will keep rising simply because the reserves are running out'


Of course Chavez likes to stir it because he has an axe to grind with the US. Nevertheless he is an OPEC lynchpin, so the implication is he must know what other OPEC members are capable of producing.......
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