Venezuela to cut off tap?
Chavez makes US oil export threat
Chavez’s speech talked about the need to defeat imperialism. Oil exports to the US could stop amid growing tensions between the two countries, Venezuelan President Hugo Chavez has said. He described recent US government actions as “aggressive” in a speech at a youth festival in Caracas.
As a result, Venezuelan oil “instead of going to the United States, could go elsewhere,” he said.
Venezuela exports about 1.3 million barrels a day to the US and is the world’s fifth largest oil producer.
</i>
