AFP - Venezuela and India on Tuesday signed a five-year, 400-million-dollar joint venture to drill for oil and gas in Venezuela's oil-rich southeastern Orinoco region, Oil and Energy Minister Rafael Ramirez said.
RLCC Comment: This is just healthy capitalist competition in a free global market isn't it? I'm being sarcastic, of course, about U.S. hypocrisy. Only the U.S. is allowed to have oil from the Western Hemisphere since "we" Americans own the whole hemisphere as our "backyard." Therefore, we will overthrow the leader who wants his people to have more of the profits to lift them out of poverty.
, obtained via: , April 8, 2008, 4:01pm