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It is known that while there is a lot of pressure on the Chavez Frias administration to simply walk away from North American crude oil markets in view of the rapidly devalued US$, Chavez Frias is personally waiting for an electoral win by US presidential candidate John Kerry to remove George W. Bush from office before signing irrevocable long-term supply contracts with the Chinese.
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http://portland.indymedia.org/en/2004/03/283601.shtml
