Venezuela's oil and the Chavez premium

Vcrisis ^ | 26.01.05 | Aleksander Boyd

[alekboyd]

London 26.01.05 | One of the good things of living in London is that one gets the leaks coming from the oil industry in real-time. As such I have learned about a few in the past weeks. Hugo Chavez is a very well known figure in the oil industry for all the wrong reasons. Industry analysts and traders alike came up with a definition that encapsulates neatly what the Venezuelan president represents to the oil market; i.e. the Chavez premium.

[NeilGus]

Another great Jimmy Carter success.

The Orange Revolution would not have happened had Carter certified the vote.

I know Lyndon Johnson and Bill Clinton were bad presidents, but Jimmy Carter still gets my vote as the worst president in my lifetime. While Carter was bad in office (Iran is his foreign policy legacy and high inflation was his domestic policy legacy), his actions after he left are what puts him in a category by himself.

[.cnI redruM]

Chavez creeps me out. He reminds me of former Iraqi Dictator Saddam Hussein. Very much so in fact...

http://orsa.blogspot.com/2005/01/saddam-insanes-tyrannical-understudy.html

[.cnI redruM]

That's for sure. Even Bill cared enough about his wife's career ambitions to stay relatively low profile. Carter has been AL Gore with less rational judgment.