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Message: Re: Venezuelan crude closed the week at 40.68
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Icon president Venezuelan crude closed the week at 40.68
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no_bear
Nov 22, 2008 03:55AM
Re: Venezuelan crude closed the week at 40.68
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midasinvz
Nov 22, 2008 04:52AM

That is true, and by all accounts Venezuela is broke.

They cannot afford to pay for the nationalizations that they've already done or maintain their capex on state industries, much less try to take on anything else.

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