Boycott Mobil And Exxon
03-08-2004 | 12:58 PM
#5
Guest
Posts: n/a
Exxon/Mobile is not our problem:
NEW YORK (Dow Jones)--
Lending support to the oil market, Venezuelan President Hugo Chavez said
Sunday that he may freeze oil exports to the U.S. and wage a "100-year war" if
Washington ever tries to invade Venezuela. Chavez has accused the U.S. of
being behind a failed 2002 coup and of funding opposition groups seeking a
recall referendum on his presidency. The U.S. has repeatedly denied Chavez's
accusations.
Venezuela provides about 15% of the oil imported by the U.S.
At least 500,000 Venezuelans marched Saturday in Caracas to protest the
National Elections Council's decision last week that an opposition petition
for the recall vote lacked enough valid signatures to hold a referendum.
Also supporting oil prices are continued expectations that the Organization
of Petroleum Exporting Countries will rein in 1.5 million barrels a day of
overproduction from its output ceiling and cut its output by another 1 million
barrels a day from April 1, which could further tighten U.S. gasoline supplies
heading into the peak summer demand season.
A tender issued by Iraq's State Oil Marketing Organization for lifting 6
million barrels of Kirkuk crude oil from the Turkish export port of Ceyhan
from March 12 to March 19 is seen as having little price influence early
Monday, traders and analysts said. But the tender appears to clear the way for
a resumption in oil exports through the Ceyhan terminal, following a restart
of oil flows through Iraq's northern oil pipeline last week.
-By Terin Miller, Dow Jones Newswires; 201-938-2124;
[email protected]
NEW YORK (Dow Jones)--
Lending support to the oil market, Venezuelan President Hugo Chavez said
Sunday that he may freeze oil exports to the U.S. and wage a "100-year war" if
Washington ever tries to invade Venezuela. Chavez has accused the U.S. of
being behind a failed 2002 coup and of funding opposition groups seeking a
recall referendum on his presidency. The U.S. has repeatedly denied Chavez's
accusations.
Venezuela provides about 15% of the oil imported by the U.S.
At least 500,000 Venezuelans marched Saturday in Caracas to protest the
National Elections Council's decision last week that an opposition petition
for the recall vote lacked enough valid signatures to hold a referendum.
Also supporting oil prices are continued expectations that the Organization
of Petroleum Exporting Countries will rein in 1.5 million barrels a day of
overproduction from its output ceiling and cut its output by another 1 million
barrels a day from April 1, which could further tighten U.S. gasoline supplies
heading into the peak summer demand season.
A tender issued by Iraq's State Oil Marketing Organization for lifting 6
million barrels of Kirkuk crude oil from the Turkish export port of Ceyhan
from March 12 to March 19 is seen as having little price influence early
Monday, traders and analysts said. But the tender appears to clear the way for
a resumption in oil exports through the Ceyhan terminal, following a restart
of oil flows through Iraq's northern oil pipeline last week.
-By Terin Miller, Dow Jones Newswires; 201-938-2124;
[email protected]
03-08-2004 | 04:46 PM
#7
Registered
Joined: Dec 2003
Posts: 8,306
Likes: 3
From: Los Angeles California
I say we start drilling in the wilderness area of Alaska where we have oil reserves that are only second to the entire middle east. Then stop sending to Japan what oil we get from the Alaska pipeline. Let them buy the overpriced middle east crude.. We need to start worrying about America's problems instead of worrying what is happening in the rest of the world.
reed jensen how right you are . now shoot the tree huggers and do it.
03-08-2004 | 07:20 PM
#10
Diamond Member #001
Joined: Oct 2000
Posts: 4,808
Likes: 5
From: Coastal North Carolina
This comes up every year. I think I'm gonna puke.Who was it that sorted this all out last winter by explaining how the oil markets really work, and where each oil company's oil really comes from. Please post again, sir.
Relax, folks - it's only a miniscule portion of your boating expenses, and it's cheaper here than just about anywhere in the free world. Go to Europe, where it's $5 a gallon and tell me how rough we have it.
What is $2.00 in 1970 dollars? About 40 cents? McDonalds burgers used to be 15 cents, and now they're ?? Let's boycott McDonalds, too....
Too Old would support that......
__________________
Retired! Boating full-time now.
Retired! Boating full-time now.
