Venezuela was selling the Chinese oil at $5.00 a barrel

Discussion in 'Politics' started by R9INCALIF, Feb 26, 2012.

  1. R9INCALIF
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    R9INCALIF Rookie

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    WikiLeaks: China Profits Off Cheap Venezuelan Oil - China Real ...
    blogs.wsj.com/chinarealtime/.../wikileaks-china-profits-of... - Hong Kong
    Dec 15, 2010 – Newly released diplomatic cables suggest China was buying oil from ... officers that China was paying as little as $5 per barrel for its oil and ...

    Lets give your Democrat & Republican representatives in Washington a nice round of applause for allowing O.P.E.C. to screw over the American people.

    You people need to wake up.
     
  2. Baruch Menachem
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    Baruch Menachem '

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    That is an issue between Venezuela and China.

    And the Venezuelan taxpayer. They are having an election soon. The fact that Chavez is passing the oil to his buds for less than the cost of production won't fly well in Caracas.
     
  3. Bill Angel
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    Bill Angel Gold Member

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    That assertion of cheap oil for China (from Venezuela) was just an inaccurate rumor.
    But there was some controversial political aspects to the deal, which benefitted Venezuelan President Hugo Chávez'

    See China-Oil Deal Gives Chávez a Leg Up
     
  4. FuelRod
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    FuelRod Gold Member

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    It's not OPEC screwing over the American people.....
     

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