Chavez threatens to cut off oil to U.S.

I don't think China has the means to refine it. It is heavy oil and the U. S. in one of the few countries able to refine heavy oil.
 
Not surprisingly, the word out of Caracas has softened over the past few days.

Link

It is just a matter of time before this guy is done. This is why Exxon is one of the best run corporations in the world. Instead of caving like the rest of the companies they go out and get a legal opinion in their favor so that when he gets ousted they can go back in and start work again.
 

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