Funny that PetroleumWorld dubs itself as "viewpoints on issues in energy, geopolitics and *civilization*"
Reminds me of March 1996 http://www.cato.org/publications/policy-analysis/venezuela-showcase-basket-case
"While much of Latin America is approaching an economic renaissance thanks to the adoption of free-market reforms, Venezuela is still following the discredited statist policies of the past, which could lead to nationwide catastrophe within a decade or less."
"Like many other Latin American countries faced with economic crises in recent years, Venezuela can resolve its problems only by introducing market reforms. A crucial component of those reforms is the privatization of the oil monopoly"
FC -- During times of Universal Deceit, telling the truth becomes a revolutionary act Durante épocas de Engaño Universal, decir la verdad se convierte en un Acto Revolucionario - George Orwell