More political theater than actual substance if you ask me.
Smoke and mirrors theatre , from both Venezuela and the US .

Heh, well spotted, and a well-made thread, Tribesman.
Can you spot the real "reasoning" behind the moves ?
Considering that Venezuela isn't actually cancelling the ethanol project it is massively scaling it back .
It has more to do with a sugar producing country that doesn't have oil that was going to get most benefit out of the deal until the US intervened with the company that owns the technology for the planned refineries .