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> |