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Is it possible that the oil speculators is Hugo Chavez should we bomb Venezuela?

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Is it possible that the oil speculators is Hugo Chavez should we bomb Venezuela?

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  1. i think you should bomb your own head instead !

    first of all, Chavez is the worst thing that could ever happened to my beautiful country, but that does not mean that we should all get attacked.

    second, the fact that we pay 15 cents/gallon of gas in venezuela doesn't mean that we are happy. we have many other problems thanked to Chavez that i don't wish to talk about.

    third, it is not venezuela's fault. other OPEC countries are envolved. especially Saudi Arabia the one with the highest power and resources. Saudi Arabia is the only country that could make a difference in the economic. and i will explain why:

    According to the statistics of the International Energy Agency, the world is expected to use an average of 86.8 million barrels per day in 2008 but production is around 85 million barrels per day. We are looking at a deficit of about 1.8 million barrels per day on average by the end of the end of the year.

    King Abdullah tried to be reasonable as much as he could by agreeing that Saudi Arabia will increase by 500,000 bpd by the end of July.

    That still leaves the world 1.3 million bpd by the end of the year. King Abdullah confirmed what most people think that there is another side to the story of why oil prices are so high. Outside of supply and demand, are the speculators. They are one major reason for the skyrocketing jumps in oil prices. For example, prices have already jumped 40 percent this year. I wonder who could control the speculators.

    It is a rather too complicated issue. At the day, global demand is higher than current production. And it looks like that Saudi Arabia is the only country amongst all producers which could increase its product significantly enough to impact prices.

    i hope you changed your mind.

    thanks

    bye


  2. I hope you live in a country other than the US.  Because if you live in the US, your attitude is typical of why most other countries don't like people from there.  Since when is one country entitled to resources in another country?  If the oil is in Venezuela, Saudi Arabia, or some other country, the US has not claim on it.  Maybe somebody should figure out how to make arrogance a viable commodity.  Then the US would be able to export something useful.

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