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Thread: Venezuela Rejects US Sanctions, Evaluates Oil Supply to US

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    Venezuela Rejects US Sanctions, Evaluates Oil Supply to US

    Venezuela Rejects US Sanctions, Evaluates Oil Supply to US | venezuelanalysis.com

    Venezuela’s government strongly rejected the Obama administration’s attempt to sanction its state-owned oil industry, PDVSA, and interrupt its relations with other nations. Latin American nations and groups worldwide have expressed support for Venezuela’s defiant stance.

    On Tuesday morning, the US State Department, announced it was imposing unilateral sanctions against seven international companies, including Petroleos de Venezuela, S.A. (PDVSA). This decision marks the first time the US government has taken direct hostile action against the Venezuelan state-owned oil company, which is one of the largest oil companies in the world.

    The Venezuelan government reacted firmly to the unilaterally imposed sanctions, clearly stating it will no adhere to any decision made by the US government regarding its oil business, nor will it accept any US interference in its relations with other nations. During a joint press conference late Tuesday afternoon, Venezuela’s Foreign Minister, Nicolas Maduro, and PDVSA President and Oil Minister, Rafael Ramirez, labeled the US sanctions as a “hostile act of aggression” against the South American nation. They also announced that Venezuela is “thoroughly evaluating its response” and whether the US decision will “affect the supply of 1.2 million barrels of oil daily to the US”.


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    Re: Venezuela Rejects US Sanctions, Evaluates Oil Supply to US

    With as much money as PDVSA gives (or is forced to give) to Bolivarian initiatives, I say good. Sanctioning Petroleos is basically sanctioning the Venezuelan government.
    SWAGSWAGSWAGSWAGSWAGSWAGSWAGSWAG
    Quote Originally Posted by Josie
    Thanks for your awesomeness, Jeezy.

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    Re: Venezuela Rejects US Sanctions, Evaluates Oil Supply to US

    Quote Originally Posted by Jeezy View Post
    With as much money as PDVSA gives (or is forced to give) to Bolivarian initiatives, I say good. Sanctioning Petroleos is basically sanctioning the Venezuelan government.
    Why would sanctioning the Venezuelan government be good again?


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    Re: Venezuela Rejects US Sanctions, Evaluates Oil Supply to US

    Let's see here...

    a. Sanctioning PDVSA means less money for PDVSA.

    b. Less money for PDVSA means less money for Hugo Chavez.

    c. Less money for Hugo Chavez means less resources to run a repressive, authoritarian, government that enjoys simultaneously crapping on America while exploiting its voracious demand for oil and gas to fund its "socialist" experiments.

    There. I spelled it out for you.
    SWAGSWAGSWAGSWAGSWAGSWAGSWAGSWAG
    Quote Originally Posted by Josie
    Thanks for your awesomeness, Jeezy.

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    Re: Venezuela Rejects US Sanctions, Evaluates Oil Supply to US

    Quote Originally Posted by Jeezy View Post
    Let's see here...

    a. Sanctioning PDVSA means less money for PDVSA.

    b. Less money for PDVSA means less money for Hugo Chavez.

    c. Less money for Hugo Chavez means less resources to run a repressive, authoritarian, government that enjoys simultaneously crapping on America while exploiting its voracious demand for oil and gas to fund its "socialist" experiments.

    There. I spelled it out for you.
    Funny how conservatives sound exactly like liberals when they're getting boned.

    More government interference please!
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

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    Re: Venezuela Rejects US Sanctions, Evaluates Oil Supply to US

    Quote Originally Posted by What if...? View Post
    Funny how conservatives sound exactly like liberals when they're getting boned.

    More government interference please!
    Nice try, but Petroleos is already nationalized. Sanctioning it does not equate to free-market hypocrisy.
    SWAGSWAGSWAGSWAGSWAGSWAGSWAGSWAG
    Quote Originally Posted by Josie
    Thanks for your awesomeness, Jeezy.

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    Re: Venezuela Rejects US Sanctions, Evaluates Oil Supply to US

    I don't care what anyone says it is clear that either obama is a clueless dip**** or he is raising the price of oil on purpose. Eitherway, it would be nice if Obama could actually not **** up when it came to international relations for once.

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    Re: Venezuela Rejects US Sanctions, Evaluates Oil Supply to US

    Quote Originally Posted by Jeezy View Post
    Nice try, but Petroleos is already nationalized. Sanctioning it does not equate to free-market hypocrisy.
    I was talking about the nationalization. Makes conservatives squeal on general principle.

    And I bet you support overthrow and installation of a puppet, so we can spend hundreds of billions of dollars cleaning it up 20-30 years later.
    Anyone wondering what I'm talking about start here:
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    Re: Venezuela Rejects US Sanctions, Evaluates Oil Supply to US

    I've always said regardless of what party I affiliate with, **** any country that doesn't cooperate with United States. I'm a father first, an American second, and a democrat third. If they don't want to make things better for me? then **** them.
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

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    Re: Venezuela Rejects US Sanctions, Evaluates Oil Supply to US

    Less money for Hugo Chavez means less resources to run a repressive, authoritarian, government that enjoys simultaneously crapping on America while exploiting its voracious demand for oil and gas to fund its "socialist" experiments.
    KNow what you're talking about before you try to bring empty smack. Bolivarian socialism has had a pretty tremendous impact on the lives of venezuela's poor. Of course it is messy, theyre going it on their own. The infastructure in the states and venezuela is designed for venezuelan crude and this will merely incentivize their will to supply to china and change their infastructure themselves. Also, since when was cracking down on parties that support illegal american led coups against sovereign and legitimately elected governments not okay?

    edit:

    The State Department clarified that in the case of PDVSA, the sanctions “prohibit the company from competing for US government procurement contracts, from securing financing from the Export-Import Bank of the United States, and from obtaining US export licenses”. The US sanctions do not affect Venezuela’s supply of oil to the United States, as clearly the Obama administration would not want to directly affect its own interests. Nor do the sanctions apply to PDVSA subsidiaries, such as CITGO, a US corporation owned by PDVSA which has seven oil refineries and over 10,000 gas stations throughout the United States.
    ahhhh.... I'm not completely correct on one point.
    Last edited by MKULTRABOY; 05-29-11 at 07:53 PM.

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