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(The New York Times, February 1, 2008).
Part II
EXXON Mobil Corp. recently experiencing trouble in international arena with nationalization treats in Venezuela. In a recent article from Business Week, the author Peter Wilson says, Venezuelan President Hugo Chavez’s treats for EXXON Mobil Corp. to get out of business in Venezuela seems to be a bluff as U.S. is the biggest market for Venezuela’s oil exports and home for refineries that are specially equipped to handle Venezuela’s brand of heavy, high-sulfur crude. He also claims that finding any other customer for this kind of crude will be really hard for Venezuela and any embargo against U...
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