in the mean time VZ financial resources are loosing steam by the lowering price of oil ,which stands now at 31.36 USD .
When they will start pushing karts by hand or pulling wagons with horses maybe than Chavez will give out shovels to go and dig the gold.
what does it take to use the resources that nature provided to these people in order to live a decent and happy life instead a mere existence.
I guess Chavez has the answer.
Venezuelan oil basket falls to USD 31.36
Energy
The average price of the Venezuelan oil barrel ended the week at USD 31.36, showing a USD 3.03 decrease compared to the average oil price in the previous week, reported on Friday the Ministry of Energy and Petroleum on its website.
The ministry said that "the weekly price of Venezuela's crude oil ended lower amid the prospect that the slowdown of global economy will lead to a dramatic low in energy consumption during 2009."
"However, during the past few days, oil prices have rebounded due to expectations surrounding the meeting of the Organization of the Petroleum Exporting Countries which is expected to approve a further cut in oil output to stabilize the oil market."
The yearly average price of the Venezuelan oil basket lowered to USD 89.88, including this week's results.