Quote Originally Posted by Zim
Seems like a waste of time. Oil prices are set based on a relationship between worldwide supply and demand. If one country bans exports to a particular country, it won't result in a cost increase for the latter, it will just mean that they buy their oil elsewhere.
No, the oil price is determined by whatever OPEC says it should be.

As for the topic itself, I say GO CHAVEZ! Finally showing some promise again after some ridiculous moves.