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Originally Posted by Delta Flyer
Just the other day, Hugo Chavez hinted that he could just sell his oil to other countries and lock the US out. Whether or not he could really do that I don't know, but we do rely on a lot of unfriendly sources...
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He really can't.
Those countries, or more correctly companies would then resell to the US and the ships would continue uninterupted to the US. If Chavez won't sell to those companies, he'll find he has nobody to buy that same oil, which will interrupt his cash flow. His actions will effect the price of oil globally, effecting all oil consumers not just in the US.