Venezuela = USA's Oil Reserve Via NY Transfer News * All the News That Doesn't Fit OIL PRICES DROP FOR SECOND DAY AFTER CIA COUP AGAINST CHAVEZ [A total conflagration in the Middle East will make ready access to the "US oil reserve" in South America more vital.] source - MichaelP NEW YORK, April 12 (Reuters) - U.S. oil prices fell heavily for the second straight day on Friday as Venezuelan President Hugo Chavez' resignation eased disruptions at the key U.S. supplier and brightened drivers' hopes for cheaper gasoline at the pump this summer. May crude on the New York Mercantile Exchange plunged $1.52 to $23.47 a barrel, the lowest price in five weeks and 18 percent down from recent six-month highs struck as concern mounted over oil supply in both Latin America and the Middle East. Fears of an oil spike that might derail economic recovery eased as signs emerged that Venezuela will focus on lifting oil production instead of working with fellow producers in the OPEC cartel to hold prices high. ================================================================= NY Transfer News Collective * A Service of Blythe Systems Since 1985 - Information for the Rest of Us 339 Lafayette St., New York, NY 10012 http://www.blythe.org e-mail: nyt@blythe.org ================================================================= nytmid-04.13.02-12:57:40-9549