Monday, December 04, 2006

Hugo Chavez Reelected & Sells Cheap Oil on USA Television

Hugo Chavez, right, is on a roll. He calls President Bush "the devil" at the United Nations headquarters and proceeds to partner with Joe Kennedy's Citizens Energy Corporation to air television commercials offering heating oil at 40% below market rates. Citgo is the Venezuelan government-owned oil company. The commercials are running in 16 states and folks can call 1-877-JOE-4-OIL.

Why didn't Harry Belafonte, Danny Glover and Cornel West try to negotiate some sort of African American ownership of energy infrastruture or oil when they met with Chavez earlier this year? Instead, they simply went to Venezuela and denounced President Bush. Joe Kennedy, left, has been operating CEC for over 20 years. You would think that black leadership or entrepreneurship could have negotiated the ownership of at least one oil tanker during that time. Where is the American Association of Blacks in Energy when you need them?

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