Tuesday, May 1. 2007
From AP:
President Hugo Chavez's government took over Venezuela's last privately run oil fields Tuesday, intensifying a struggle with international oil companies that could slow development of the world's largest known petroleum deposit.
Oil Minister Rafael Ramirez declared that the Orinoco River fields reverted to state control just after midnight. State television showed cheering oil workers in hard hats raising the flags of Venezuela and the national oil company over a refinery and four drilling fields in the Orinoco River basin. Fools.
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