Monday, December 05, 2005

Venezuela's Low-Cost Oil Plan Fuels Debate

The Los Angeles Times reports Venezuela's Low-Cost Oil Plan Fuels Debate Venezuela is supplying cheap (40% below market price) oil to MA to help with the high heating costs this winter. Seems like a nice thing to do.

Venezuela is run by President Hugo Chavez who has socialist tendencies, likes Castro and hates Bush. This may well be a stunt to tweak Bush. Or it may be foreign aid to cover for the effects of Katrina. As a spokesman for former Rep. Joe Kennedy said: "If we applied a democratic screen to countries we get our oil from, we'd never have enough oil to heat our homes and drive our cars." What's Bush done for us lately?

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