November 23, 2005

THERE'S JUST ONE DOWNSIDE:

Venezuela gives US cheap oil deal (BBC, 11/23/05)

Officials from Venezuela and Massachusetts have signed a deal to provide cheap heating oil to low-income homes in the US state.

The fuel will be sold at about 40% below market prices to thousands of homes over the winter months.


Every state in America should get in on this deal before Hugo figures it out.

Posted by Orrin Judd at November 23, 2005 9:18 AM
Comments

The Peoples' Republic of Massachusetts--give us a break!

Posted by: Lou Gots at November 23, 2005 9:27 AM

Isn't there a law against states conducting their own treaties/agreements with foreign nations, particularly ones which are at the top of the US doesn't like list?

Posted by: AWW at November 23, 2005 9:46 AM

A sweatheart deal between PR Massachusetts and a left-wing dictator. What a surprise!

Posted by: John J. Coupal at November 23, 2005 9:47 AM

Even more "surprising" is the Kennedy angle!

This article doesn't mention it, but the Kennedy's own a couple of oil companies as a fall out from Bobby junior's doing well by doing good project to subsidize heating oil for the downtrodden.

They stand the make a bundle from this "wind fall" profit.

Posted by: erp at November 23, 2005 10:08 AM

Expect IL to follow, with Obama and Ozzie Guillen figuring prominently...

Posted by: MGNC at November 23, 2005 10:11 AM

I say let them sign - when VZ pulls the plug (or rants about doing it), then the State Dept. can simply say that Hugo Chavez is hurting the poor in America.

Posted by: jim hamlen at November 23, 2005 10:21 AM

Venezuela, 2004 per capita GDP of $5800, is spending its own money to subsidize Massachusetts, 2003 per capita income of $34,570. Everyone should just be quiet until Chavez figures it out.

Posted by: David Cohen at November 23, 2005 10:34 AM

Somewhere, Tereza is involved in the link.

Posted by: ratbert at November 23, 2005 10:54 AM

Well, just as long as Hugo doesn't replace the Citgo sign outside Fenway Park with a big neon portrait of himself, I don't see what the problem is. If he wants to offer low cost oil because some folks on the left are telling him it will embarrass George W. Bush, that's fine. Maybe we can get Chavez to start clamoring for drilling in ANWR while we're at it, and the left will suddenly think that's also a peachy-keen idea.

Posted by: John at November 23, 2005 12:06 PM

Just out of curiosity, David Cohen or one of you other sharks out there: what is the legal authority for this? Surely if a domestic oil company did this it would be price-fixing.

Posted by: joe shropshire at November 23, 2005 2:28 PM
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