US Military: Post-Chavez Venezuela 2002 to pour oil on troubled waters

The analysis, which bears the hallmarks of a lengthy preparation in anticipation of the April coup d'etat but not its subsequent failure, continues: With former President Hugo Chavez no longer calling the shots in Venezuela following his resignation and arrest April 12, state oil monopoly Petroleos de Venezuela (PDVSA) will quickly increase oil production to both generate income and reassert its desire to become a major global energy player. This will provide enough additional supply to mitigate the recent instability in global energy markets.