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HUGO CHAVEZ by Greg Palast. Part 3 of 3

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Uploaded on Dec 5, 2006

And I could confirm the large protests. I'd recently returned from Caracas and watched 100,000 march against President Chavez. I'd filmed them for BBC Television London.

Armed Madhouse Greg Palast Hugo Chazez Venezuela Oil Economy

You'd think George Bush would get down on his knees and kiss Hugo Chavez's behind. Not only has Chavez delivered cheap oil to the Bronx and other poor communities in the United States. And not only did he offer to bring aid to the victims of Katrina. In my interview with the president of Venezuela on March 28, he made Bush the following astonishing offer: Chavez would drop the price of oil to $50 a barrel, "not too high, a fair price," he said — a third less than the $75 a barrel for oil recently posted on the spot market. That would bring down the price at the pump by about a buck, from $3 to $2 a gallon.

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