US imposes sanctions on Venezuela’s PDVSA for engaging in trade with Iran

Tuesday, May 24th 2011 - 18:46 UTC

Full article 6 comments

United States announced new sanctions on Venezuela's state oil company PDVSA and six other smaller oil and shipping companies for engaging in trade with Iran in violation of a US ban. Read full article

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Forgetit87
Oh, does that mean that there will no longer be cheap oil to New York and Massachusetts?

http://news.bbc.co.uk/2/hi/americas/4461946.stm
May 24th, 2011 - 07:20 pm - Link - Report abuse 0
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ed
Deputy Secretary of State James Steinberg !

Do you remember “” Gaffur “” who is Iranian ?
if I remember correctly , once methinks from Rand Corporation !
May 24th, 2011 - 08:10 pm - Link - Report abuse 0
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Fido Dido
Obozo's plan to create more poverty in the US is working, and he can blame Chavez for it (of course idiots will buy it). Indeed Forget, no more cheap oil, while we here in the US are being squeezed by higher energy prices. Funny, why doesn't he punish GE that works indirect in Iran? One name who is in his “economic team”..Jeffrey immelt. Conservative pundit Bill O'reilly (Fox News) blasted him on that, and of course through MSNBC (sponsored by GE) denied and blasted Fox news. Left vs right nonsense, divide and conquer concept to keep the people here blind.
May 25th, 2011 - 12:44 am - Link - Report abuse 0
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Rectifying Madness
Cheap oil? You live in luxury my friend. Your costs for Petroleum, Gas and other such resources is almost half the price it is here in Europe. Be happy about it. In America it's just over $1 a litre on average. In Britain it's almost $2.30 and in the Netherlands it's over $2.50.
May 25th, 2011 - 09:20 pm - Link - Report abuse 0
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Fido Dido
In America it's just over $1 a litre on average.

I wish, Here in the US average is $4. Where I am average is $3.81 A gallon. just over $1? you're living in the past. Holland a gallen $9 +- a gallon.
May 27th, 2011 - 02:32 am - Link - Report abuse 0
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Rectifying Madness
1 gallon is the equivalent to 4.55 litres. You didn't check the conversion rates. What I said was more or less right.
May 27th, 2011 - 08:37 am - Link - Report abuse 0
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