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Page added on September 6, 2005

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Chavez: Oil ‘could surge to $200′

Caracas – Venezuelan President Hugo Chavez warned on Monday that world oil prices would surge to $200 a barrel if the United States attacked his country.

“If they attack us with their battleships, with waves of intelligence officers, bombs, marines and all of that, well, you can forget about oil,” Chavez said in a CNN interview released by the Information Ministry.
Chavez, who charged that the United States was drafting a plan to attack his South American nation, said that an invasion would leave Venezuela and the Americans without oil.

“The barrel could reach $200, from one day to the other,” said the leftist leader, who has accused the United States of wanting to assassinate him. The price closed at just under $65 in London on Monday.

News24



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