Presidents Chavez, Fernandez sign Petrocaribe pact. File.
Santo Domingo.- Venezuela ambassador Alfredo Murgas on Friday announced Caraca’s decision to contribute to mitigate the economic burden which the world’s skyrocketing crude prices may pose for Dominican Republic.
He said both governments look for a formula in that direction, and expect to announce a positive response in the coming weeks.
The diplomat said his country supplies 50,000 barrels of oil daily to Dominican Republic through the Petrocaribe agreement and through the refinery Refidomsa, of mixed Dominican and Venezuelan capital, will also seek a formula to boost its daily production. He added that the assistance is in addition to Petrocaribe, which he said would continue as is.
Murga spoke with reporters in Congress, where he went to receive a Chamber of Deputies resolution that condemns Mexico ex president Vicente Fox, whom in a private visit used Dominican territory to voice “disrespectful statements against Venezuela’s Government and president Hugo Chávez.”
Written by: abc200, 2 Mar 2011 2:53 PM
From: United Kingdom, Dominican Republic
Excellent - but DR should make more effort to limit consumption.
S.
From: Dominican Republic, Santo Domingo
The best possible formula for the population is that the Goverment decrease its income rate on each gallon of gas sold.
Written by: Yucahu, 2 Mar 2011 3:46 PM
From: United States, Miami
That is why I like Chavez. Un abrazo manito. See he gives help and doesn't have strings attached. The USA always makes other country wants to give it a BJ for freakin anything. So unfair.
Written by: Yucahu, 2 Mar 2011 3:47 PM
From: United States, Miami
Plus he gave the smackdown to all those rich, snobby, elitist Venezuelans. THEY ARE SCUM.
Written by: Pepe32, 2 Mar 2011 4:32 PM
From: Dominican Republic
Yucahu.no te confundas..nadie da algo por nada.....
Written by: jcl_67, 2 Mar 2011 4:35 PM
From: Dominican Republic
yeah right, once they loosen things up the corrupt government will move in and hike the prices once again only to make more profit and steal more money.
name one thing in dr that had actually gone down in price, dr the land where everything goes up but never comes down!!
Written by: anthonyC, 2 Mar 2011 4:58 PM
From: United States
Written by: Yucahu,
"Plus he gave the smackdown to all those rich, snobby, elitist Venezuelans. THEY ARE SCUM. "
You mean the ones who built anything of value in Venezuela only to have it destroyed by the looters and moochers of the Chavez regime?
Written by: abc200, 2 Mar 2011 5:14 PM
From: United Kingdom, Dominican Republic
The lot that bled the country dry and setup a strike as soon as Chavez gave doctors to the poor you mean? Mainly a lazy lot of good for nothings now in Florida - very good for the Venez people.
S.
Written by: anthonyC, 2 Mar 2011 5:28 PM
From: United States
Written by: abc200,
" very good for the Venez people."
Power outages, Lines for food and more of a chance of getting murdered in Caracas than in Bagdad is all very good for the Venezuelan people!!!!
Written by: Vivacuba, 2 Mar 2011 5:41 PM
From: Dominican Republic
Excellent. Gringo government rot in hell
From: United States
anthonyC +1.
He's a f...en thug.
From: United States, Fresh Water Paradise-NY Finger Lakes
Very nice gesture!
Chavez is very benevolent man who doesn't expect or want anything in return.
""Murga spoke with reporters in Congress, where he went to receive a Chamber of Deputies resolution that condemns Mexico ex president Vicente Fox, whom in a private visit used Dominican territory to voice “disrespectful statements against Venezuela’s Government and president Hugo Chávez.”"
Forget payback, or quid pro quo.......we've already consumated payment. By our standards, it was definitely cheap.
MJEV.
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
This is Nucking Futs!!!!! One of the main reasons for the deal with the refinery was to pay Hugo with commodities, with the sole purpose of minimizing the monetary burden through partnership........Look where we are at now, DR is in debt to HUGO and Leonels son-n-law and not to Venezuela, for a couple of million dollars.
What good does it make to lower prices, when in fact in a couple of days of lowering the price, someone in the government will increase the the percentage of tax collected for the country and when shit hits the fan, leo will be whisked away on some journey to a remote island and say its a tour of india that starts in spain, no, germany, no , I mean switzerland.
Leonel and his followers and YUCA are a bunch of garden tools.
From: Dominican Republic, vieja Santo Domingo
I totally agree that the whole oil business , from the refinery to the prices at the pump has been very poorly thought out and I agree that the government sees the petrol consumers as tax cows ready to be milked .The tax burden is too high but no matter whether some deal is done with Chavez or not , some new strategy needs to be worked out to prevent these petrol prices escalating more ..
From: United States, words of wisdom from the nutcracker
nutty hugo thinks he has all the answer for the dominican republic , and leonel being the south american lambon that he is always gives in like a good prostituded . leo dont forget to put on bubble gum smelling lip gloss and put some glitter in your face, also the pink pumps make sure you lick em while you giving hugo a good show.
From: Botswana, La reconnaissance est une lachete'
Is DR not already part of the Petro -Caribe agreement?.
Sidenote- Brace your selfves $200 a barrel is the long term target. That drive will not be underway until after the 2012 Presidential election in the US. For now expect around 120 to 130 as the recovery continue.
Written by: riosm, 3 Mar 2011 12:00 AM
From: United States
Ahhhh ! nothing like standing back watching then taking full advantage of a crisis by coming to the rescue and being labeled a hero.
I could see the minus queens now.
Written by: Yucahu, 3 Mar 2011 5:26 AM
From: United States, Miami
Hahaha Chavez is hooking it up right now and we need the gas. So wether I be a garden tool or an flowerpot is irrelevant. The man is asking to give him habichuelas. We got em and plenty of em too so a comer habichuelas se ha dicho.
From: United States, Brooklyn
Whats the harm of trading Oil for Beans... I love this approach, If we don't have dollars ALBA is the way to go. I think its great!
Go Chavez!
Written by: ciber, 3 Mar 2011 10:35 AM
From: United States
When will Dominicans wake up to the fact they are being fooled. World price of fuel goes up and the next day prices go up here. Reason price of Barrel of barrel on world market. I have worked and lived in many countries and have never seen this concept any ware else. Look at it reasonably when the price goes up world wide the oil is still underground. Also it would take months to deliver it here by tanker. We do not use Libian fuel. What reasoning goes into this some one is doing a Bernie Madoff on the consumers. Dominicans are Paying for print in the news papers and beleve we are getting oil from Manchuria. They pay in pesos the government pays in Beans. We are less distant from Chaves than the U.S. CITCO Chaves oil company in the U.S. charges less than here!
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
Franco,
DR owes DOLLARS not beans as the contract states. These two are up to something and its not beneficial to the Dominican Republic. If i had my own business as DR owns the refinery, i can bet that my price will be lower than anyone else's on the block, thats not the case in DR. I can see a hostile take over of a corporation.
If Chavez owns 49% of the refinery, how much does Leo and friends own? If you add them together DR owns ZILCH. Nothing good has come out of this deal since day one..... The first day Chavez didn't have the money I would have looked elsewhere for an investor, but, leo had his little heart set on Chavez / Zelaya. Leo has something up his sleeve and its not only that WEED plant he has tattooed on his forearm.
From: Dominican Republic, Cabarete
"Lines for food and more of a chance of getting murdered in Caracas than in Bagdad is all very good for the Venezuelan people!!!!"
Go easy on that one anthonyC, you have more of a chance of being murdered in Washington than Bagdad too! I'm no Chavez fan, just saying...
Written by: anthonyC, 3 Mar 2011 12:03 PM
From: United States
Caracas has the Highest Murder rate of any city on the planet 130 per 100,000 Tied with Cuidad Juarez
Written by: Escott, 3 Mar 2011 12:41 PM
From: Dominican Republic, Cabrera and Sosua a 2 days a month for payday
Yucahu-Learn how to read
Glomarexplorer-Teach Yucahu to read!
Anthony C-Please don't bother the posters with BS Abstractions called truth or facts for that matter please. Let them carry on as stupids.
From: United States, Fresh Water Paradise-NY Finger Lakes
@Escot,
Glad you understood my contribution.
I think many may have lost meaning of quoted paragraph.
Thank you.
MJEV.
Written by: danny00, 3 Mar 2011 5:09 PM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
Written by: Yucahu, 2 Mar 2011 3:46 PM
From: United States, Miami
That is why I like Chavez. Un abrazo manito. See he gives help and doesn't have strings attached. The USA always makes other country wants to give it a BJ for freakin anything. So unfair.
U REALLY HAVE NO IDEA WHAT U ARE TALKING ABOUT DO U?
U LIKE MR. CHAVEZ? HIS COUNTRY IS- NON DEMOCRACY.
VENEZUELA-FEELS THE HEAT WITH DICTORS TOPPLING LIKE DOMINOES ACROSS THE MIDDLE-EAST VENEZUELA'S CHAVEZ IS SIGNALING WORRY ABOUT HIS OWN DESOPTIC RULE. MR. CHAVEZ KNOWS THAT HIS REGIME SHANRES MORE THEN A FEW UGLYS, IMILARITIES WITH THE POLITICAL SYSTEMS RUN BY THE MIDDLE-EAST'S DESPOCTIC RULERS. INCLUDING HIS FRIEND LIBYA'S MOMMAR GADHAFI, AND THEIR LIES THE BASIC OF HIS OWN CONCERN
THIS IS THE GUY U LIKE?
Written by: danny00, 3 Mar 2011 5:11 PM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
the guy u like wants to rule for life in venezuela.
no strings really! becareful who u make bed-partners with.
Written by: danny00, 3 Mar 2011 5:28 PM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
the old-marxist leninist script
the plunder of the yanqui empire. the horrors of the greedy capitalist, the markets miserable indiffernce to the poverty, the struggle of the worlds oppressed against the oligarchies, and the rest of the ideological hogwash typical of the tribe.
not sure about this mr. chavez
From: Dominican Republic, La Romana
The press is bamboozling the less than educated public. Libia oil is on another planet. Our supplier, Venezuela has nothing to do with Libian oil prices.
From: United States, Fresh Water Paradise-NY Finger Lakes
I am definitely not an expert on oil pricing; however, I would believe that like everything else, price is determined by free market economics and supply and demand.
Supply is affected by political turmoil, which could impact future deliveries; consequently, it would cause an increasing pricing trend.
Oil is bought on spot market at world set price, as world has changed dramatically in last decade and USA is no longer the only big fish in pond, demand in other regions such as China and India definitely affect price.
DR is insignificant player in oil pricing and fortunate to have a guy like Chavez who, for whatever motives, is willing to sell it oil at discounted price. Venezuelans should be up in arms about this, for this is their patrimony and he is giving it away. If tables were turned, us Dominicans, would certainly look at it different and demand correction to competitive pricing-I am sure if it.
MJEV
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S.
name one thing in dr that had actually gone down in price, dr the land where everything goes up but never comes down!!
"Plus he gave the smackdown to all those rich, snobby, elitist Venezuelans. THEY ARE SCUM. "
You mean the ones who built anything of value in Venezuela only to have it destroyed by the looters and moochers of the Chavez regime?
S.
" very good for the Venez people."
Power outages, Lines for food and more of a chance of getting murdered in Caracas than in Bagdad is all very good for the Venezuelan people!!!!
anthonyC +1.
He's a f...en thug.
Very nice gesture!
Chavez is very benevolent man who doesn't expect or want anything in return.
""Murga spoke with reporters in Congress, where he went to receive a Chamber of Deputies resolution that condemns Mexico ex president Vicente Fox, whom in a private visit used Dominican territory to voice “disrespectful statements against Venezuela’s Government and president Hugo Chávez.”"
Forget payback, or quid pro quo.......we've already consumated payment. By our standards, it was definitely cheap.
MJEV.
What good does it make to lower prices, when in fact in a couple of days of lowering the price, someone in the government will increase the the percentage of tax collected for the country and when shit hits the fan, leo will be whisked away on some journey to a remote island and say its a tour of india that starts in spain, no, germany, no , I mean switzerland.
Leonel and his followers and YUCA are a bunch of garden tools.
Sidenote- Brace your selfves $200 a barrel is the long term target. That drive will not be underway until after the 2012 Presidential election in the US. For now expect around 120 to 130 as the recovery continue.
I could see the minus queens now.
Whats the harm of trading Oil for Beans... I love this approach, If we don't have dollars ALBA is the way to go. I think its great!
Go Chavez!
DR owes DOLLARS not beans as the contract states. These two are up to something and its not beneficial to the Dominican Republic. If i had my own business as DR owns the refinery, i can bet that my price will be lower than anyone else's on the block, thats not the case in DR. I can see a hostile take over of a corporation.
If Chavez owns 49% of the refinery, how much does Leo and friends own? If you add them together DR owns ZILCH. Nothing good has come out of this deal since day one..... The first day Chavez didn't have the money I would have looked elsewhere for an investor, but, leo had his little heart set on Chavez / Zelaya. Leo has something up his sleeve and its not only that WEED plant he has tattooed on his forearm.
Go easy on that one anthonyC, you have more of a chance of being murdered in Washington than Bagdad too! I'm no Chavez fan, just saying...
Glomarexplorer-Teach Yucahu to read!
Anthony C-Please don't bother the posters with BS Abstractions called truth or facts for that matter please. Let them carry on as stupids.
@Escot,
Glad you understood my contribution.
I think many may have lost meaning of quoted paragraph.
Thank you.
MJEV.
From: United States, Miami
That is why I like Chavez. Un abrazo manito. See he gives help and doesn't have strings attached. The USA always makes other country wants to give it a BJ for freakin anything. So unfair.
U REALLY HAVE NO IDEA WHAT U ARE TALKING ABOUT DO U?
U LIKE MR. CHAVEZ? HIS COUNTRY IS- NON DEMOCRACY.
VENEZUELA-FEELS THE HEAT WITH DICTORS TOPPLING LIKE DOMINOES ACROSS THE MIDDLE-EAST VENEZUELA'S CHAVEZ IS SIGNALING WORRY ABOUT HIS OWN DESOPTIC RULE. MR. CHAVEZ KNOWS THAT HIS REGIME SHANRES MORE THEN A FEW UGLYS, IMILARITIES WITH THE POLITICAL SYSTEMS RUN BY THE MIDDLE-EAST'S DESPOCTIC RULERS. INCLUDING HIS FRIEND LIBYA'S MOMMAR GADHAFI, AND THEIR LIES THE BASIC OF HIS OWN CONCERN
THIS IS THE GUY U LIKE?
no strings really! becareful who u make bed-partners with.
the plunder of the yanqui empire. the horrors of the greedy capitalist, the markets miserable indiffernce to the poverty, the struggle of the worlds oppressed against the oligarchies, and the rest of the ideological hogwash typical of the tribe.
not sure about this mr. chavez
I am definitely not an expert on oil pricing; however, I would believe that like everything else, price is determined by free market economics and supply and demand.
Supply is affected by political turmoil, which could impact future deliveries; consequently, it would cause an increasing pricing trend.
Oil is bought on spot market at world set price, as world has changed dramatically in last decade and USA is no longer the only big fish in pond, demand in other regions such as China and India definitely affect price.
DR is insignificant player in oil pricing and fortunate to have a guy like Chavez who, for whatever motives, is willing to sell it oil at discounted price. Venezuelans should be up in arms about this, for this is their patrimony and he is giving it away. If tables were turned, us Dominicans, would certainly look at it different and demand correction to competitive pricing-I am sure if it.
MJEV