Chávez seeks to peg oil at $50 a barrel
http://business.guardian.co.uk/story/0,,1745467,00.html
"Venezuelan president Hugo Chávez is poised to launch a bid to transform the global politics of oil by seeking a deal with consumer countries which would lock in a price of $50 a barrel."
Good idea, but it'll never happen. Why cap prices at $50/barrel, when you can fleece the populance at $72/barrel?
Caping oil prices? That's enough to get a man killed!
- Vox
"Venezuelan president Hugo Chávez is poised to launch a bid to transform the global politics of oil by seeking a deal with consumer countries which would lock in a price of $50 a barrel."
Good idea, but it'll never happen. Why cap prices at $50/barrel, when you can fleece the populance at $72/barrel?
Caping oil prices? That's enough to get a man killed!
- Vox
posted by VoxInfo at 10:57 PM
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