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new section - Expropriation
[[Image:Hugo-chavez8.jpg|left|175px|thumb|Venezuelan President Hugo Chavez with Fidel Castro.]]
[[Image:Hugo-chavez8.jpg|left|175px|thumb|Venezuelan President Hugo Chavez with Fidel Castro.]]
Through Venezuela's state owned petroleum industry and membership in [[OPEC]], Chávez has now used powers granted to him by Parliament to increase oil prices, adding revenue for the Bolivarianist projects. Countries such as the United States have criticized 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 Venezuela's state owned petroleum industry and membership in [[OPEC]], Chávez has now used powers granted to him by Parliament to increase oil prices, adding revenue for the Bolivarianist projects. Countries such as the United States have criticized 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>
==Expropriation==
In typical socialist rhetoric, Chavez makes wild claims to fund the government by nationalizing foreign assets. Typical reasons include accusing companies of environmental damage and exploiting its workers. In 2010 alone, Chavez seized 195 companies. <ref>[http://english.eluniversal.com/2010/10/20/en_eco_art_a-total-of-195-busin_20A4631291.shtml A total of 195 businesses has been seized in 2010, El Universal, October 20, 2010]</ref> Spanish-owned farm supply and U.S.-based Ohio bottle company were recently taken over. Other recognized multi-national companies such ExxonMobil, steel maker Sidor, cement company CEMEX fell to the same fate. <ref>[http://wellsy.wordpress.com/2010/10/26/chavez-takes-over-venezuelan-plants-of-oh-company/ Chavez takes over Venezuelan plants of OH company, Wellsy's World, October 26, 2010]</ref> Venezuala is supposed to compensate the companies but know one expects Chavez to provide other than peanuts for assets he steals.
==Drug trafficking==
==Drug trafficking==