Hugo Chavez humbled in the face of falling gas prices, maybe

Thursday, January 15, 2009

Venezuelan President Hugo Chavez is a frequent (and loud) critic of the United States. Despite his dislike for the country, the nationalized oil business that props up the nation's economy sells billions of dollars of oil to the U.S. Due to Chavez's bombastic personality, many big oil companies don't bother drilling in Venezuela anymore. But now that gas prices have plunged, Chavez is gently cozying up to companies like Chevron and Shell to see if they'd like to return to Venezuela. For more on this turn of events, we are joined by Simon Romero who is covering this story for the New York Times from Caracas, Venezuela.

Read Simon Romero's article, Chávez Allows West to Make Oil Bids as Prices Plunge, in today's New York Times.

The video below is one of Chavez's more outspoken moments at the United Nations.


Simon Romero

Hosted by:

Todd Zwillich

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.