Wednesday, July 13, 2005

Get Your Oil From Crazy Chavez!

... 'cause he just can't stop slashing prices! At least, to those countries he likes in his little regional trade group, PetroCaribe. (Trinidad and Tobago has taken a pass, thanks, for fear it would gut their market.) Chavez wants to give oil away at preferred prices to his neighbors, which makes sense; the only thing a socialist really knows how to do well is buy votes, whether that's from inside or outside the country. I have to wonder what the limits of his generosity really are.