02-07-2009, 02:50 AM
<b>Venezuela behind on payments to oil contractors</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->CARACAS, Venezuela â Venezuela's state oil company is behind on billions in payments to private oil contractors from Oklahoma to Belarus, some of which have now stopped work, even as <b>President Hugo Chavez funnels more oil revenue to social programs</b><!--QuoteEnd--><!--QuoteEEnd-->
His budget was based on $96-$100 oil price. He had to stop free dole or he will be go-went-gone soon.
His budget was based on $96-$100 oil price. He had to stop free dole or he will be go-went-gone soon.