The Mess That Is Venezuela

Chávez Declares An ‘Electricity Emergency’ In Venezuela -- New York Times/Reuters

CARACAS, Venezuela (Reuters) — President Hugo Chávez of Venezuela inaugurated a folksy radio talk show on Monday by declaring an “electricity emergency” in this oil-rich nation.

Despite its huge crude oil reserves, Venezuela relies on hydroelectricity for 70 percent of its power, and a drought has affected power supplies since late last year. “We are ready to decree the electricity emergency because it really is an emergency,” Mr. Chávez said in the first edition of “Suddenly Chávez,” on state radio.

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Chavez puts Venezuela under 'electricity emergency' -- BBC

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