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OPEC: Viva El Presidente

Posted on 09 October 2012

It is a fair bet that no one at the State Department is toasting Hugo Chávez’s victory in Venezuela’s presidential election this weekend. But one group will likely cheer: Venezuela’s fellow members of the Organization of the Petroleum Exporting Countries.
This doesn’t reflect any international appeal of the Venezuelan president’s brand of Bolivarian Revolution. Rather it has to do with what the practicalities of that revolution have meant for the country’s oil production………………………………………..Full Article: Source


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