tag:blogger.com,1999:blog-240888068721732824.post1950619617598397333..comments2010-02-13T15:52:48.240-04:30Comments on From the Beginning: Venezuelan oil myth: The vital supplierMorochos.orghttp://www.blogger.com/profile/14494996833651850931morochosblog@hotmail.comBlogger2125tag:blogger.com,1999:blog-240888068721732824.post-71006031903197210522010-02-13T15:52:48.240-04:302010-02-13T15:52:48.240-04:30Well in all reality a drop in supply of oil by 2% ...Well in all reality a drop in supply of oil by 2% may increase the price of oil by more than 5% which would drastically effect the market. However in order for Venezuela to effect the overall economy of the U.S. or the world they would destroy their own economy in the process, or whatever is left of it. I would assume that just the realistic threat of Venezuela cutting their supply of oil by halfAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-240888068721732824.post-69658469695891845152009-10-13T22:47:38.788-04:302009-10-13T22:47:38.788-04:30Very good article, you might also comment on the q...Very good article, you might also comment on the quality of Crude the the US imports from Venezuela. There are only a few countries whose refineries can process much of this quality crude. If not imported by US, Venezuela would have no market for much of their crude, receive. <br /><br />RonAnonymousnoreply@blogger.com