Good Thing He Gives The Stuff Away To Poor People.............

Yesterday, Hugo Chavez reclaimed Venezuela’s last remaining privately run oil fields … cementing his knucklehead reputation. Oh, what a difference a decade makes. Back in 1990, when oil was $10-15 a barrel, Mr. Chavez was too busy plotting a coup to stop big league oil companies like Exxon Mobil, ConocoPhillips, Chevron and BP from harvesting the tricky Orinoco Belt. But now that a tank of gas costs more than the average dinner for two, Chavez wants all the oil he can get his hands on. So what does this mean for you and me? “The heavy oil that would otherwise have gone into the pipelines of the Western oil companies,” our oil pro Byron King told The 5, “will in all likelihood be loaded into tankers that are bound for China.”