No More Oil, Mr Danger

From the BBC:

Mr Chavez has threatened before to cut supplies

Venezuelan President Hugo Chavez has threatened to cut off oil supplies to the US unless it halts what he calls its "economic war" against his country.

His warning came days after US oil giant Exxon Mobil won orders in US, UK and Dutch courts to freeze billions of dollars of Venezuelan oil assets.

Exxon wants more compensation from the Chavez government after it took control of Exxon oil projects last year.

The US is the biggest market for Venezuela's heavy crude oil exports.

President Chavez has threatened several times before to stop sending Venezuelan oil to the US but so far not done so.

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Read the rest at

http://news.bbc.co.uk/2/hi/americas/7238214.stm