Calling a Bluff
Scratch that. Chavez decided to stop selling crude to Exxon Mobil.
You gotta give it to him, he came through on this threats - even if it was just a quarter of the way. What happened to all the hoopla of cutting the oil to the US? I'm guessing his financial advisers showed him the numbers and they found the option that wouldn't hurt Venezuela....which probably hurts the US even less.