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Page added on July 24, 2006

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Bush Told to Plan for Chavez Oil Shock

MSNBC.com – Richard Lugar, chairman of the US Senate foreign relations committee, has urged the Bush administration to adopt specific “contingency plans” for a potential disruption to oil supplies from Venezuela.

In a letter sent to Condoleezza Rice, secretary of state, last Friday, a copy of which has been obtained by the Financial Times, Mr Lugar warned the US that it needed to “abandon” reliance on a “passive approach” to energy diplomacy.
MSNBC.com



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