But that should not be happening in a country with a highly marketable commodity (oil). The nationalization of the oil industry has not been able to maintain previous levels after US and Dutch oil techs were driven out of the country, and production has fallen off by a quarter, and exports fallen off by half since Chavez came to power.
Nationalization has been a major fiasco.
And those (nationalized) refineries aren't going to be fixed by Big Oil. Fool them once. They have a long memory.
Off by over 30 years, pal. The Venezuelan oil industry was nationalized in 1976, and it ran pretty well long after "US and Dutch oil techs were driven out of the country". The decline started in 2003, after Chavez fired en-masse those not loyal to his party. Chavez, not nationalization, ruined the oil industry.
In 30 years, current Venezuela will be held as the prime example of how they ran a thinly-veiled dictatorship while the rest of the world looked the other side and refused to call a spade a spade.
It takes lots of guts to call "democracy" a country where critics of the government never appear on live, unedited TV.
It takes lots of guts to call "democracy" a country where the president forcefully takes control of the media airwaves every day.
It takes lots of guts to call "democracy" a country where the government openly threatens its workers with dismissal if they're found to be voting "for the counter-revolution".
It takes lots of guts to call "democracy" a country where the next election day (Dec.8) has been officially declared "Day of Fealty to Chavez".
I live in Caracas. Parent is utter and complete bullshit. NO media in Venezuela is owned by foreign companies, and certainly not by US ones. Actually, the government owns more than half of all media companies, and constantly threatens privately-owned media with closure if they don't toe the official line. That is a threat that they've actually followed thru with more than once. Look it up yourself if you don't believe me.
Parent is a Maduro shill or worse.
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But that should not be happening in a country with a highly marketable commodity (oil). The nationalization of the oil industry has not been able to maintain previous levels after US and Dutch oil techs were driven out of the country, and production has fallen off by a quarter, and exports fallen off by half since Chavez came to power.
Nationalization has been a major fiasco.
And those (nationalized) refineries aren't going to be fixed by Big Oil. Fool them once. They have a long memory.
Off by over 30 years, pal. The Venezuelan oil industry was nationalized in 1976, and it ran pretty well long after "US and Dutch oil techs were driven out of the country". The decline started in 2003, after Chavez fired en-masse those not loyal to his party. Chavez, not nationalization, ruined the oil industry.
In 30 years, current Venezuela will be held as the prime example of how they ran a thinly-veiled dictatorship while the rest of the world looked the other side and refused to call a spade a spade. It takes lots of guts to call "democracy" a country where critics of the government never appear on live, unedited TV. It takes lots of guts to call "democracy" a country where the president forcefully takes control of the media airwaves every day. It takes lots of guts to call "democracy" a country where the government openly threatens its workers with dismissal if they're found to be voting "for the counter-revolution". It takes lots of guts to call "democracy" a country where the next election day (Dec.8) has been officially declared "Day of Fealty to Chavez".
I live in Caracas. Parent is utter and complete bullshit. NO media in Venezuela is owned by foreign companies, and certainly not by US ones. Actually, the government owns more than half of all media companies, and constantly threatens privately-owned media with closure if they don't toe the official line. That is a threat that they've actually followed thru with more than once. Look it up yourself if you don't believe me. Parent is a Maduro shill or worse.