Chavez celebrates May Day with the Nationalization of Oil. What is Alberta doing for May Day?
Chávez poses dilemma for oil companies
By Benedict Mander in Caracas and Carola Hoyos in London
Published: April 30 2007 21:54 | Last updated: May 1 2007 03:12
Venezuela’s military might will be on full display on Tuesday as Hugo Chávez, the country’s president and a former paratrooper, celebrates winning back Venezuela’s natural resources in the oil-rich Orinoco for the people.
”Venezuela’s privatisation of oil has come to an end,” Mr Chávez said recently, promising to hoist the national flag over installations in the area that boasts the largest heavy oil deposits in the world.