Chavez Threatens to Cut Off Oil Sales to U.S., Calls Exxon Mobil 'Outlaws'
Associated Press
CARACAS, Venezuela —
President Hugo Chavez on Sunday threatened to cut off oil sales to the United States if Exxon Mobil Corp. wins court judgments to seize billions of dollars in Venezuelan assets.
"If you end up freezing (Venezuelan assets) and it harms us, we're going to harm you," Chavez said, directing his words to U.S. President George W. Bush. "Do you know how? We aren't going to send oil to the United States. Take note, Mr. Bush, Mr. Danger."
Exxon Mobil has gone after the assets of Venezuela's state oil company, Petroleos de Venezuela SA, in U.S., British and Dutch courts as it challenges the nationalization of a multibillion dollar (euro) oil project by Chavez's government last year. A British court has issued an injunction "freezing" as much as $12 billion in assets.
Labels: Latin America, Socialism, Venezuela
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