USGS claims Venezuela sits on Earth’s largest oil reserves

The unstated United States policy on oil is, use theirs first and save what we have left for later. We will exploit any country who harbors vast oil reserves or befreind them, which ever best suits our needs and desires. There is a great deal of oil left here in North America and we are just not drilling for it because of this policy. Oil in itself is an evil fuel of choice from the time we take it from the ground, oil as a fossil fuel is responsible for cancers, pollution of the enviorment, we certainly would not have invaded Iraq if it were not for their oil. So we can add military expenditures to the list of cost incurred by using oil.
World Bank loans are predicated on the country who recieves the loan to allow oil and other minerals to be exploited by major corporations at below market prices. Destroying their enviorment and polluting their countries far worse than we have our own.
There is nothing good about oil, so buy your SUV's and gas guzzlers and act like you care but you really don't.

the crude in that area is not sweet, it is low in gasoline components. this type of heavy crude is good for making plastic and chemicals with a whole lot of asphalt left over.
it may not be worth pumping at all.

Well,...good for them!

Chávez announced Venezuela's withdrawal from the International Monetary Fund and World Bank after paying back all his country's debts to both institutions; he charged them with being an imperial tool that aims to exploit poor countries, news sources reported. (wikipedia)

And in the meantime, the people of Venezuela can’t buy milk and their money reduces its value every day.

How come we keep slobbering over this stuff when we already KNOW how to solve the world's energy problems without it?

I knew this was going to happen... and everyone called me crazy.

Oh shit!

HAHAHAHA! and they HATE the USA. Nice job ex-Bush Administration. Anyway... get smart now and push for solar and wind energy.

xactly

We have all the natural gas and oil we need right here in the U.S. they don't want us to know that. I have worked in the oilfield before I know for a fact that the oil shortage is a myth.

if the U.S was looking for somewhere new to go, here it is.

The United States of America was fortunate to have four large supplies. We had Pennsylvania, which was gone long ago. Texas and California are almost gone. Alaska, we're holding back. We pretty much drained Mexico and Canada too.

Good for Haiti! Drill for oil, increase job opportunities, lower our gas prices, decreasing our dependence on the Muslim controlled countries, while stimulating the Global economy and reduce the opportunities for Current nut cases to post their deluded theories. I call this a Win, Win, situation!
Venezuela, can run a high pressure flex hose up Chavez's ass and use the hot air to reduce the viscosity of their oil to ultimately produce more revenue. Another Win,Win, except for the tender Presidential rectum! I am always suspicious with a man who's eyes are separated by less than the width of a pencil. Surely there is a mental affliction associated with this physical condition?

No surprise that South America has that type of Oil reserve, but in a few years, the US will find a way to attack Venezuela and say they have weapons of mass destruction.

I hope not, but I see that happening...

The most responsible thing to do is to cut off any access to these oil reserves. Oil takes millions of years to develop, but only less then a century to consume. We should not be consuming it all right now. If someone would like to argue that the country could use the profits, then they are being extremely short-sighted. There is a definite difference between profits and progress.

Uh-oh! Now just wait for some attack on American soil to be directed towards Venezuela so that we can "liberate" them of their oil...er...I mean...ruthless dictator w/ WMDs...

I hear the Venzuelans are harboring terrorists

It is amazing that a country like Venezuela, which has such large reserves of oil is having power shortages in its capital of Caracas. After trying to go with a plan to cut power for a few hours every day, Chavez finally had to back down after protests from people all over the capital.

I bet China (wins) the contracts!!

well now oil is the new cocaine in central america... why if Chavez supposidly hates america is the USGS in his backyard looking for oil? I think it's just his way of brainwashing central and south american's that we are evil and he is a hero but behind closed doors he is just another opputunistic venture capitalist looking for a handout from the United States, otherwise if he was an actual threat he wouldn't allow us in his country and for that matter wouldn't ship 70% of his GNP to us for opec rates...

we had best be brushing up on our spanish.....guess who we will likely invade next?!!

aren't we supposed to be looking ro better/safer alternative energy sources...

This is fantastic news. Now the media can go to war with Chavez because he doesn't like the way US plays aid intervention, or is it because he claim the Haitian earthquake was caused by US weapons testing. They both sound so intriguing--I bet the news will claim him as an oil dictator.

Is Obama's Haiti a Rehash of Bush's Iraq?

In 2004, The US military under the direction of President Bush invaded Iraq, disposing its dictator Saddam Hussein and taking up long term residence within the nation. Although the true ulterior motives of the invasion may never be known, it is frequently speculated that the US invasion was an example of economic imperialism in the false auspice of humanitarian good, with the burgeoning oil market in Iraq as well as neighboring nations being the true motive for the military conflict. Six years later, with the US still occupying Iraq and Afghanistan, Haiti suffers a devastating earthquake and immediately the U.S. government pledges its support in the relief effort but although the earthquake was simply nature taking its course, is the US aid effort and more importantly the apparent military occupation of Haiti by the US more than just a coincidence? Is Obama’s Haiti a rehashing of Bush’s Iraq?

In barely a week the U.S. government has dispatched to Haiti almost 12,000 troops, multiple C-140 airships, military assessment teams, an aircraft carrier, marine transport ship, and unmanned reconnaissance drones. Furthermore, the Pentagon has announced the re-routing of 3 Persian Gulf bound naval vessels with another 4,000 troops as well as stating that it is considering sending an entire Marine regiment to the Island nation also. Although the news of such a large military force occupying the nation has gone relatively unnoticed compared to aid efforts, people and nations are slowly starting to raise eyebrows with France, Bolivia and Venezuela publicly criticizing the US, claiming it is occupying the nation under the false humanitarian aid pretense.

President of Bolivia Evo Morales said on January 20th that -

"The United States cannot use a natural disaster to militarily occupy Haiti,"

he told reporters at the presidential palace.

President Chavez of Venezuela stated that "I read that 3,000 soldiers are arriving, Marines armed as if they were going to war. There is not a shortage of guns there, my God. Doctors, medicine, fuel, field hospitals, that’s what the United States should send," Chavez said on his weekly television show. "They are occupying Haiti undercover."

"On top of that, you don't see them in the streets. Are they picking up bodies? ... Are they looking for the injured? You don't see them. I haven't seen them. Where are they?"

Haitian student Wilson Guillaume, had this to say-

"I haven't seen them distributing food in the center of the city, where the people need urgently water, food and medicine. This seems more like an occupation,"

When people think of Haiti, they picture a troubled nation plagued with extreme poverty rates, high illiteracy rates, multiple coup’s, government corruption and the highest AIDS rate in the western hemisphere. They picture a nation that relies almost completely on the aid of industrialized nations and private benefactors. What they don’t picture though is a nation potentially sitting on an oil field dwarfing Venezuela’s which is the largest exporter of oil in the western hemisphere, a country teeming with precious metals such as Gold, Copper, Uranium 225 and 238, which can be used to power nuclear reactors and the world’s largest supply of a rare mineral used in building spacecraft-iridium. They don’t picture a nation that has been visited by multiple Canadian and American firms in regards to mining these precious metals and that according to scientists, a nation whose oil field in comparison to Venezuela is like comparing a swimming pool to a glass of water.

the time will come for westerners to spread democracy on that huge pool of oil.

Chavez is far from being crazy, ignorant or stupid. He may be drunk with power, but he did not get to where he is by being crazy.

People need to stop labeling others as being crazy just because you don't like them.

The labeling game is used usually by the insecure.

Why don't you call Tony Blair or Vladimir Putin (mass murderers) crazy ?

Maybe oil effects the human brain negatively in some undetectable way like in a sci-fi movie...
Although Chavez isn't as crazy as Ahmedinejad or the Saudi regime. In fact, he's just a bit ignorant/stupid than crazy

How come, the craziest MF'ers on earth get to control of the largest pools of oil???