Home pagePress CenterIn the Media David Pumphrey, deputy director of the CSIS Energy and National Security Program, was quoted by United Press International, "Venezuela Warns of Hyper-Inflation."
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David Pumphrey, deputy director of the CSIS Energy and National Security Program, was quoted by United Press International, "Venezuela Warns of Hyper-Inflation."
"Even $200 a barrel, while not impossible, would need some kind of major disruption in the market to reach that level," said David Pumphrey, senior energy fellow at the Center for Strategic and International Studies.
Pumphrey did note that the U.S.-Venezuela oil relationship, though crucial to the long-term economic health of both nations, could be in jeopardy were Venezuela discovered to be directly involved in funding radical leftist rebel groups in neighboring Colombia, as has been asserted in recent months.
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