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The Energy Report - Goodbye Hugo

When you think of Hugo Chavez, you really have to think of the price of oil because oil put him in power and kept him there. Chavez was swept into power because, among other reasons, the low cost of oil. Oil producing countries were suffering economically because of over production and the Asian financial crisis. Chavez rode that economic turmoil into office and the subsequent run up in oil prices helped keep him there.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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