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« Nice piece by Diamond on consumption rates | Main | An interesting non-offer »
1:24AM

PDVSA now in food shipping business, thanks to Chavez

IN BRIEF: "Chavez Directs Oil Company To Help Ease Food Shortages," Wall Street Journal, 7 January 2008, p. A4.

Wow, that took long.

Chavez has his Houston-based NOC office now using its logistical nets to ship food to Venezuela to ease the shortages his glorious socialist revolution has already created amidst record oil prices.

Big surprise that PDVSA's oil production has already begun declining, as the state-owned company increasingly focuses on providing social services to the population.

I see this working out well for the masses there over the long haul.

It takes a Big Man ....

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