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Page added on May 3, 2005

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Venezuelan Says Oil Will Flow

First, there were the conflicting reports of mass layoffs, sabotage and a drop in Venezuela’s oil production.


Then the military was ordered in, and the accusations flew.


As conditions worsened Tuesday, Venezuelan Oil Minister Rafael Ramirez was in Houston, calmly trying to reassure the international oil industry his country is open for business.


With its oil sector threatening to spiral into another era of turmoil and its relations with Washington already strained, Venezuela is challenging the resolve of U.S. companies to operate in the nation.
Houston Chronicle



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