InvestorsHub Logo
Followers 32
Posts 34660
Boards Moderated 1
Alias Born 01/02/2003

Re: easymoney101 post# 31321

Wednesday, 08/24/2005 8:27:01 AM

Wednesday, August 24, 2005 8:27:01 AM

Post# of 486126
Chavez offers cheap gas to needy Americans
Reuters News Service

HAVANA - Venezuelan President Hugo Chavez, popular with the poor at home, offered Tuesday to help needy Americans with cheap supplies of gasoline.


"We want to sell gasoline and heating fuel directly to poor communities in the United States," the populist leader said at the end of a visit to Cuba.

Chavez did not say how Venezuela would go about providing gasoline to poor communities. The Venezuelan state oil company, PDVSA, owns Citgo, which has 14,000 gas stations in the United States.

The offer may sound attractive to Americans feeling pinched by soaring prices at the pump but not to the U.S. government, which sees Chavez as a left-wing troublemaker in Latin America.

Chavez said Venezuela could supply gasoline to Americans at half the price they now pay if intermediaries who "speculated ... and exploited consumers" were cut out.

Chavez and Cuban President Fidel Castro also offered to give poor Americans free health care and train doctors free of charge.

http://www.chron.com/cs/CDA/printstory.mpl/world/3322759
--------------------------------------------------------------------------------



"All truth passes through three states," wrote Arthur Schopenhauer. "First it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident."
http://www.livevideo.com/socialservice
http://www.livevideo.com/bsregistration

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.