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GasBuddy News Article

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All eyes on Venezuela

GasBuddy Blog -- With the passing of Hugo Chavez questions about Venezuela’s future multiply each day.

Who will lead this nation? Nicolas Maduro or Henrique Capriles, an underdog who garnered 44% worth of opposition votes when he ran against Chavez?

Will Chavez’ successor move left, right or center? Will the newly elected leader encourage rapid recovery of Venezuela’s declining oil production?

Will he yield to international law and allow oil companies like ExxonMobil and Conoco Phillips to recover billions in compensation for the unlawful seizure of assets …perhaps signaling an interest in welcoming private oil investment and further development of Venezuela’s deep reserves?

For now, Exxon Mobil still has...


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Submitted Mar 21, 2013 By: PD
Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: All eyes on Venezuela Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

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Points:2,393,340
Joined:Nov 2008
Message Posted: Mar 25, 2013 5:50:02 AM

not gonna make a big difference on US prices.
H_Holcomb
Rookie Author Pennsylvania

Posts:38
Points:132,155
Joined:Nov 2012
Message Posted: Mar 22, 2013 2:21:56 PM

I think Chavez' successor will try and hold the same party line, and that we will not see much change in Venezuela till one more change in its goverment takes place.
coughlin
Champion Author San Jose

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Message Posted: Mar 22, 2013 9:16:51 AM

Venezuela is going to be fine.
gabisgram
Champion Author Michigan

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Message Posted: Mar 22, 2013 6:10:49 AM

Drama
Chadgas
Champion Author Missouri

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Message Posted: Mar 22, 2013 6:08:47 AM

Old. Thanks
JSX515
Champion Author St. Louis

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Message Posted: Mar 22, 2013 6:03:39 AM

Not mine
BazooQC
Champion Author Montreal

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Message Posted: Mar 22, 2013 6:02:02 AM

I don't think it will make gas prices go down.
abk
Champion Author Utah

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Message Posted: Mar 22, 2013 6:01:36 AM

Old news and still wacky Sud Americanos.
installer
Champion Author San Diego

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Message Posted: Mar 22, 2013 6:01:11 AM

My eyes are on the Dakota's.
Ferdman17
Champion Author Albany

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Message Posted: Mar 22, 2013 6:00:27 AM

Old news
neptune2008
Champion Author Michigan

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Message Posted: Mar 22, 2013 6:00:23 AM

oh heavy sigh...............
Alderaan
Champion Author Greenville

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Message Posted: Mar 22, 2013 5:57:50 AM

Yesterday's topic. Why is this still on the front page?
bobzilla11
Champion Author Indiana

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Message Posted: Mar 22, 2013 5:57:40 AM

history tells us that exploiters will go into an area and develop industries that can reap huge profits with little regard for the people that live there who may eventually take over control
Petrock
Champion Author Lexington

Posts:12,404
Points:3,341,235
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Message Posted: Mar 22, 2013 5:57:28 AM

We can rest assured that whoever takes charge they make their main mission gouging us with as high a price for their oil as possible!
D4444J
Champion Author Albuquerque

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Message Posted: Mar 22, 2013 5:56:00 AM

Thieves and liars.
chuckohio
Champion Author Columbus

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Message Posted: Mar 22, 2013 5:54:31 AM

Let Veneauela eat their oil
csnvcas
All-Star Author Illinois

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Message Posted: Mar 22, 2013 5:53:56 AM

Old news
RocketGeek
Champion Author Grand Rapids

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Message Posted: Mar 22, 2013 5:53:40 AM

Let's get back what is ours, and move on.
LeeFree
Champion Author Pittsburgh

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Message Posted: Mar 22, 2013 5:52:32 AM

I wouldn't invest a nickel in Venezuela.
isem
Champion Author Missouri

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Message Posted: Mar 22, 2013 5:51:38 AM

Old news...
tarheelcoastie
Champion Author Greensboro

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Message Posted: Mar 22, 2013 5:51:23 AM

Yep, all things shall pass.
Zuman
Champion Author New York

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Message Posted: Mar 22, 2013 5:47:53 AM

OLD
sappie
Champion Author Massachusetts

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Message Posted: Mar 22, 2013 5:46:51 AM

old news.
otherdave
Champion Author Indiana

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Message Posted: Mar 22, 2013 5:46:27 AM

Maybe they have WMD's
AmmoManAaron
Champion Author Indianapolis

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Message Posted: Mar 22, 2013 5:43:10 AM

Old news.
Gassed01
Champion Author Toronto

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Message Posted: Mar 22, 2013 5:41:34 AM

Slow news day.
stpetebp
Champion Author Tampa

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Message Posted: Mar 22, 2013 5:40:35 AM

More speculation
kirzon484
Champion Author Atlanta

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Message Posted: Mar 22, 2013 5:39:55 AM

juat like a yo yo
Lengas
Champion Author Gary

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Message Posted: Mar 22, 2013 5:38:10 AM

olddddddd
drawee
Champion Author Texas

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Message Posted: Mar 22, 2013 5:36:48 AM

old story
rjd1608
Champion Author Toledo

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Message Posted: Mar 22, 2013 5:35:35 AM

same comment as yesterday
Tru2psu2
Champion Author Winston-Salem

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Message Posted: Mar 22, 2013 5:34:51 AM

Who cares?
oas
Champion Author Maryland

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Message Posted: Mar 22, 2013 5:34:18 AM

Be careful in Venezuela.
They have a history of turning on you.
epf
Champion Author Grand Rapids

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Message Posted: Mar 22, 2013 5:33:24 AM

Just like other countries, Cuba as an example, we are curious who will lead next.
Foxt
Champion Author Minnesota

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Message Posted: Mar 22, 2013 5:30:39 AM

Shouldn't matter to us at all, even though it does.
JCClark2012
Champion Author New Hampshire

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Message Posted: Mar 22, 2013 5:25:43 AM

Hopefully things will become correct and peaceful and has prices will go down.
cheapertvs
Champion Author Richmond

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Message Posted: Mar 22, 2013 5:22:25 AM

I doubt we will see much difference in price with Venezuela's declining oil production and no adequate response to international law.
getchaz
Champion Author Tucson

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Message Posted: Mar 22, 2013 5:22:14 AM

interesting
vamike
Champion Author Virginia

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Message Posted: Mar 22, 2013 5:21:40 AM

All eyes except mine.
moenkopi23
Champion Author Chicago

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Message Posted: Mar 22, 2013 5:19:34 AM

Time will tell
AvantiMick
Champion Author Indiana

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Message Posted: Mar 22, 2013 5:18:59 AM

The US imports their oil, and sells gasoline at 10 cents or less there.
NotTom
Champion Author New Hampshire

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Message Posted: Mar 22, 2013 5:18:16 AM

yesterday's
74celica
Champion Author Columbus

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Message Posted: Mar 22, 2013 5:17:03 AM

wait and see
hawkman74
Champion Author Dallas

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Message Posted: Mar 22, 2013 5:12:44 AM

That would help gas prices
hawkman74
Champion Author Dallas

Posts:1,335
Points:662,470
Joined:Sep 2011
Message Posted: Mar 22, 2013 5:12:03 AM

Hope they get a leader who is friendly to the world and who welcomes foreign oil and gas investors.
Maintroll
Champion Author Lexington

Posts:11,887
Points:2,486,135
Joined:Aug 2008
Message Posted: Mar 22, 2013 5:10:11 AM

They are probably in the same bracket as the little moron in Iran and the dummy in North Korea, not just as dangerous as those two idiots yet.
gravityhurts
Champion Author North Carolina

Posts:5,648
Points:1,629,005
Joined:Sep 2008
Message Posted: Mar 22, 2013 5:08:56 AM

Time will tell.
Cachase1
Champion Author Oklahoma City

Posts:14,728
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Message Posted: Mar 22, 2013 5:08:09 AM

We'll just have to wait and see.
Ziggy1962
Champion Author New Jersey

Posts:75,434
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Joined:Aug 2006
Message Posted: Mar 22, 2013 5:07:30 AM

Old news.
Bonanza
Champion Author Boston

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Message Posted: Mar 22, 2013 5:06:53 AM

Yesterday's news
djp071158
Champion Author Detroit

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Points:1,063,480
Joined:May 2012
Message Posted: Mar 22, 2013 5:05:58 AM

I have not bought Citgo (or Value Express, which the nearby Citgo changed its' name to in January) in 3-4 years, ever since I learned they're Ven oil. May not be much, but it's something. Course, if they don't sell their oil here, I'm sure China will buy it.
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