President Hugo Chavez sent a soothing message to American motorists on Sunday, saying that Venezuela isn't preparing to cut off oil shipments to the United States. The socialist leader rattled oil markets last Sunday when he threatened to halt shipments to the United States in retaliation for Exxon Mobil Corp.'s (XOM) success in convincing courts in the U.S. and Europe to freeze Venezuelan assets. 'We don't have plans to stop sending oil to the United States."
Sunday, February 17, 2008
UPDATE: Venezuela President NOT planning to halt oil shipments to the United States!
President Hugo Chavez sent a soothing message to American motorists on Sunday, saying that Venezuela isn't preparing to cut off oil shipments to the United States. The socialist leader rattled oil markets last Sunday when he threatened to halt shipments to the United States in retaliation for Exxon Mobil Corp.'s (XOM) success in convincing courts in the U.S. and Europe to freeze Venezuelan assets. 'We don't have plans to stop sending oil to the United States."
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