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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Amark$p who wrote (671)	9/21/2005 1:24:38 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217774

the 'paper' oil sold ex-Venezuela at 40% discount will eventually show up on world market, or local market, after passing through many hands, at world spot price minus transport/insurance/inspection, enriching each and every hands that caress and fondle the 'paper' oil. the oil world is a dark world, full of beauties and beasts.

To: Amark$p who wrote (671)	9/21/2005 2:45:47 AM
From: energyplay	Read Replies (1) \| Respond to of 217774

It would be helpful if VZ could provide some lower cost hydrocarbons to Central America. Oen view would be that the US, with the CAFTA trade agreement, is competing with VZ to court Central America. Another view would be of the synergy and combined effects on Central American economies. I expect TJ is right, and the main effect of heavy oil going to Central America will be like the Iraq "oil for food" deal, with some money sticking to the hands that the title to the oil will pass thru. I expect the heavy oil will end up in the same refineries it went to last year. Would not be surprised if some of that money builds a building for a factory to be run by Taiwanese to use local labor to sell to Wal-Mart... Now if we can get the EU to give some aid and FDI to counter the hegemonic US influence in the region... Wonder what investment opportunities there will be ?

To: Amark$p who wrote (671)	9/21/2005 5:12:40 PM
From: Slagle	Read Replies (1) \| Respond to of 217774

amarksp Re: "new friends" Old friends, in fact. The Sandinista communists were literally the creation of an earlier left wing strongman of Venezuela, Carlos Perez, the same Perez who in 1974 seized all foreign oil assets in the country. Perez funded the Sandinistas and worked with Jimmy Carter and Cyrus Vance to overthrow President Somoza of Nicaragua. Perez and Jimmy Carter hoped to fill the Caribbean with Castro style communist dictatorships like the Sandinistas. In fact, Carter's first official act as president was to stop a shipment of arms to Somoza's National Guard. Carter's Panama Canal initiative was a piece of the same puzzle. This is not new but a work in progress of the American left going back to the 1960's. Notice that Jesse Jackson was in Venezuela recently but had his stay cut short by the Katrina hurricane. Jackson had been at odds with the Carter Center crowd, but I understand that now they are all chummy again, working to undermine thier nation hoping to take advantage of the recent oil price spike. Slagle

To: Amark$p who wrote (671)	9/22/2005 1:57:00 PM
From: elmatador	Read Replies (1) \| Respond to of 217774

Chavez hedges: Venezuela Invests $900M to Produce Ethanol 09.22.2005, 01:54 AM Venezuela plans to invest $900 million over the next five years to plant sugar cane and build processing plants to produce ethanol, President Hugo Chavez said. Speaking Wednesday night to governors and mayors, Chavez said the plan will involve cultivating about 300,000 hectares (740,000 acres) of sugar cane and building 15 plants across the country to make ethanol from it for gasoline production. Chavez said he approved funding on Wednesday for the first year. He said the government aims to produce all the ethanol it needs so it will no longer have to import it. The program is projected to create about 500,000 jobs in the country of 25 million people, he said. Venezuela is the world's fifth largest oil exporter, and Chavez has sought to use the country's windfall oil profits on a range of programs intended to ease poverty and support economic reforms. Chavez, an admirer of Cuban leader Fidel Castro, blames U.S.-style capitalism for the country's poverty and says he aims to lead the country toward a new socialist system