Rory
05-02-07, - 02:33 AM
BARCELONA, Venezuela - President Hugo Chavez's government took over Venezuela's last privately run oil fields Tuesday, intensifying a power struggle with international companies over the world's largest known single petroleum deposit.
Newly bought Russian-made fighter jets streaked through the sky as Chavez shouted "Down with the U.S. empire!" to thousands of red-clad oil workers, calling the state takeover a historic victory for Venezuela after years of U.S.-backed corporate exploitation.
http://news.yahoo.com/s/ap/20070501/ap_on_re_la_am_ca/venezuela_oil_takeover;_ylt=A0SOwmq2IThGDjgB2xPuOrgF
Newly bought Russian-made fighter jets streaked through the sky as Chavez shouted "Down with the U.S. empire!" to thousands of red-clad oil workers, calling the state takeover a historic victory for Venezuela after years of U.S.-backed corporate exploitation.
http://news.yahoo.com/s/ap/20070501/ap_on_re_la_am_ca/venezuela_oil_takeover;_ylt=A0SOwmq2IThGDjgB2xPuOrgF