Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
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Chavez & US oil shipments
posted on
Feb 17, 2008 06:08PM
It only took 5days for Hugo to have it Splained to him that cutting off oil to the US would bankrupt VZ with 60+% of VZ oil revenue coming from the US. He is between a rock and guess what.
VZ heavy crude cannot be refined outside the US - with a few exceptions, however China & Europe aren't exactly next door and the shipping costs would dramaticly lower the sale price/revenue to VZ.