Yes. I hate to say this but if 10 people sneeze at the same time the price of oil will go up.Do you think oil prices will increase if Venezuela cuts off its oil supply?
They may been able to moderately spike oil prices in the short term but in the long term it would crumble their own economy. Remember they need the money from the sale of their oil.
Just my thoughts....Do you think oil prices will increase if Venezuela cuts off its oil supply?
not until after the elections.
Any excuse for a price increase is good enough. But no increase until after the election.
Yes.
Yes because we get 12% of our oil from them. I will bet it is more like 15%, though. They may choose not to be an oil buddy, and we will enjoy those post Katrina prices, $3 and up per gallon. Then we will be beating on other doors to hand it over. It's a dirty business isn't it?
yes!
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