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...more impressive p.r. coups of the new century when he started delivering free heating oil to low-income Americans. Even if it was political opportunism, as conservative critics insisted, it got home-heating fuel to hundreds of thousands of yanquis during the past four winters, when the price was often skyrocketing. On Monday, however, with world oil prices plunging, the Venezuelan President decided to suspend his large-scale, multistate U.S. program in order to tend to financial concerns at home. Then on Wednesday, at the urging of U.S. politicians whose constituents had come to rely...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

...left-wing Chávez caught Washington by surprise in the fall of 2005 when he announced that Citgo - the Houston-based subsidiary of Venezuela's state-run oil firm, Petróleos de Venezuela - would give millions of gallons of heating oil at half price, and eventually free, to struggling households in the American Northeast and Midwest. By this year, the service has expanded to more than 200,000 families in 23 states. The partisan controversy around it has also grown. Republicans grouse that taking fuel from Chávez, America's chief antagonist in the hemisphere, is unpatriotic...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

...responding to members of Congress who had made a public plea for oil companies to provide lower-cost home-heating oil to U.S. families squeezed by the rising price of fuel. No U.S.-owned firm stepped forward; Citgo did. (Sunoco has since set up a program that provides free heating oil to 1,100 residents in the Philadelphia area.) Admittedly, it was a chance for Chávez to showcase "one of our revolution's most important principles," as then Venezuelan Ambassador to the U.S. Bernardo Alvarez told TIME in 2006: "the redistribution of oil revenues, especially for the poor...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

...plummeting price of crude forced Chávez, who controls the hemisphere's largest oil reserves and is a major U.S. supplier, to turn off the Citgo spigot this week and focus more of his aid resources at home. Critics of Chávez point out that his need to shore up domestic funds is even more urgent because he's trying to win support for a national referendum, probably to be held next month, on whether to eliminate presidential-term limits and let him run again...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

...agency has wholly failed in its regulation task and American consumers have paid the price in sickness. The Centers for Disease Control and Prevention estimates that E. coli O157 infects 73,000 people each year, primarily through the consumption of animal-manure tainted meat. And the World Health Organization finds that Salmonella, whose spread is encouraged by close confinement animal operations, infects another 1.4 million Americans annually, killing approximately 580 of them, and costing the nation $3 billion in healthcare costs and lost earnings...

Author: By Lewis E. Bollard | Title: Memo to Vilsack | 1/6/2009 | See Source »

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