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PW View:
Congratulations to
Venezuela


Chavez is now on the way out, due to the efforts of the Students, Political Unity, Podemos party and Raul Baduel.

We must congratulate all the above for the push they gave to the NO.

Now Chavez is on its way out, slowly but surely.

Here are Chavez are four reasons why Chavez is on its way out.

The first reason Chavez lost is due to the brilliance and courage of Venezuela's political opposition and media. Special Kudos to student leader Stalin Gonzales, and to Raul Baduel, Chavez's ex defense minister and original buddy.

The second reason Chavez lost is that he built his own trap. He cannot move ahead with his reforms on the basis of this vote. On the other hand, if Chavez withdraws his reforms, he suffers a big defeat.

Third, even before the vote, Evo Morales was going down in Bolivia due to his own blunders on the constitution. As Morales goes down, he will drag down Chavez.

Fourth. Brazil's president da Silva, Chavez's main political rival in South, will take action against Chavez. President da Silva is empowered by recent reports of the discovery of large oil reserves in Brazil which make Brazil far less dependent on supplies from Morales and Chavez. Plus, Morales and Chavez are destroying Bolivia's energy sector, which is largely owned by Brazil.

Finally, the US will no longer protect Morales and Chavez.


Again, CONGRATULATIONS!


Petroleumworld


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Petroleumworld News 12/03/07

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