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Re: jdaasoc post# 56109

Monday, 12/16/2002 3:35:34 PM

Monday, December 16, 2002 3:35:34 PM

Post# of 704019
How lasting do you think Venezuela turmoil will be?

If their supplies to the US are so vital then I expect CIA involvement is a done deal to sort matters out one way or another.

I believe there is enough oil destined for US in the next few days to negate any Venezuela effects on reserves in the short term. Of course, that doesn't prevent oil price from shooting up should troubles escalate, as traders will react to news.

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