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Chavez blames US for high oil price

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« on: October 25, 2007, 10:47:29 pm »

Chavez blames US for high oil price
Fri, 26 Oct 2007 05:46:48

Hugo Chavez
Venezuela's president has predicted the price of crude oil heading for USD 100, calling US responsible for the increasing oil prices.

Hugo Chavez said, " if the United States keeps threatening oil-producing countries or trying to destabilize us like they did in Iraq, the price of oil is going to continue rising.''

Oil futures closed at a new record of USD 90.46 a barrel Thursday on news that OPEC production increases will be slow in coming, and output quotas won't likely be raised at next month's meeting of the Organization of Petroleum Exporting Countries.

Chavez also accused US President George W. Bush of "threatening World War III with atomic weapons."

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Posts: 11110

« Reply #1 on: October 26, 2007, 02:30:09 am »

Duh it's all Illuminati bottle-necking.
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