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President Chavez made the above statement at the army officer school in the country, and Venezuelan national radio and television broadcast the content of President Chavez’s speech.
Chavez said that the U.S. Fourth Fleet’s resumption of military activities in the Caribbean on July 1 and that the U.S. may establish military bases in Guayila, which is jointly owned by Venezuela and Colombia, are potential threats to his country.
The Spanish Efi News Agency (EFE) quoted Colombian Defense Minister Juan Manuel Santos as saying on May 15 that Colombia has so far not had any plan to allow the United States to establish a military base on Guajira. Santos’s speech was a response to a speech delivered by Venezuelan President Chavez earlier in the day.
Chavez Says U.S. Military Attack Will Lead to $500 Oil
According to reports from overseas media on May 15, Venezuela’s Hugo Chavez, America’s largest oil exporter, stated in Caracas on May 15 that crude oil prices will climb to “every time†in the case of a U.S. military attack against Venezuela. Bucket 400 to 500 US dollars."