Friday, November 30, 2012

U.S. Fuel Exports to Venezuela

Steven Bodzin has a great post (following up on a previous one) about how much fuel Venezuela is importing from the United States. I am nabbing one of his charts, so please give him credit if you use it:

Really fascinating. The MSM gets it sometimes, but not often enough. Instead, we get the drum beat of "threat" based on the fact that the U.S. also imports from Venezuela (a few years ago Dick Lugar even had a big investigation). Hugo Chávez himself eggs this on, with periodic empty threats of shutting off the flow of oil.

The point is that there is way, way more going on than virtually anyone in the United States gives credit for. After almost 14 years of "revolution," Venezuela is more economically dependent on the United States than ever.


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