Word: gaceta
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Dates: during 1950-1959
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Almost every day this month, the Venezuelan government's ordinarily dry Gaceta Oficial has been publishing a flood of mouth-watering news. For the first time in eleven years, and for fabulous sums, the government is selling off new oil concessions, some from the rich, crude-soaked national reserves...
...whopping oil income of about $600 million a year. Selling new concessions is a way to get plenty of quick cash. With oilmen flying south on nearly every plane, and with the likes of Texas' Multimillionaire Wheeler-Dealer Clint Murchison settling down in Caracas' Hotel Tamanaco, the Gaceta Oficial will probably print a lot more exciting news in coming months...
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