The Oil Drum | Guardian: What the...? (or, Hugo Chavez and His Extra Heavy Reserves...)

Guardian: What the...? (or, Hugo Chavez and His Extra Heavy Reserves...)

Posted by Prof. Goose on April 3, 2006 - 12:50am
Topic: Supply/Production
Tags: hugo chavez, oil, peak oil, refineries, venezuela [list all tags]

Here's a Guardian article on Hugo Chávez and his posturing to "launch a bid to transform the global politics of oil by seeking a deal with consumer countries which would lock in a price of $50 a barrel."

That's right. I said "lock in."

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