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Through Venezuala's state owned petroleum industry and membership in [[OPEC]], Chávez has now used powers granted to him by Parliament to increase oil prices, stimulating the economy and providing more money for the Bolivarianist projects. Countries such as the United States have criticised Chávez for the increase in cost for crude oil. Chavez is at the forefront of wanting to set crude oil prices at $60 a barrel minimum, according to the ''Asia Times''<ref>[http://www.atimes.com/atimes/Global_Economy/HL07Dj01.html ''Bush, OPEC and Chavez of Arabia''], Pepe Escobar, Asia Times, 7 December 2006.</ref>
Through Venezuala's state owned petroleum industry and membership in [[OPEC]], Chávez has now used powers granted to him by Parliament to increase oil prices, stimulating the economy and providing more money for the Bolivarianist projects. Countries such as the United States have criticised Chávez for the increase in cost for crude oil. Chavez is at the forefront of wanting to set crude oil prices at $60 a barrel minimum, according to the ''Asia Times''<ref>[http://www.atimes.com/atimes/Global_Economy/HL07Dj01.html ''Bush, OPEC and Chavez of Arabia''], Pepe Escobar, Asia Times, 7 December 2006.</ref>
[[Image:Hugo-chavez8.jpg|left|175px|thumb|Venezualean President Hugo Chavez with Fidel Castro.
[[Image:Hugo-chavez8.jpg|left|175px|thumb|Venezuelan President Hugo Chavez with Fidel Castro.
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The [[United States of America]] and [[Venezuela]]'s foreign relations are presently unstable. This is understandable given that Chavez often criticizes the United States for its 'imperalism' on his radio segment 'Alo Presidente', and the United States's support of the 2002 coup in Venezuela, toppling Chávez and replacing him with a dictatoral government. (Which was then toppled shortly after by the Chávez supporters, also known as 'Chávistas'). However, Venezuela and the United States remain friendly trading partners when it comes to imports and exports.
The [[United States of America]] and [[Venezuela]]'s foreign relations are presently unstable. This is understandable given that Chavez often criticizes the United States for its 'imperalism' on his radio segment 'Alo Presidente', and the United States's support of the 2002 coup in Venezuela, toppling Chávez and replacing him with a dictatoral government. (Which was then toppled shortly after by the Chávez supporters, also known as 'Chávistas'). However, Venezuela and the United States remain friendly trading partners when it comes to imports and exports.