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Tuesday, November 27, 2007


CARACAS (Reuters) - Hugo Chavez, president of major oil exporter Venezuela, said on Monday that record crude prices are actually cheap -- compared with wine.

Well said, Hugo. Well said.

H. Chavez: Is a Rembrandt expensive? Is oil less expensive? I rest my case!

As I write this, January oil futures hover around $95/barrel. I wonder if Mr. Chavez orders his wine by the barrel.


posted at 10:11 AM by Randy
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I've decided to go ahead and take this blog completely toward politics/economy. It's all I talk about anyway. Remember, you can email me at randy [at] circularlife [dot] com or use the chat box in the lower right.