Venezuela may create a windfall tax on oil profits generated by rising oil prices, President Hugo Chavez said on Sunday, extending the OPEC nation's efforts to increase revenue from the oil industry.
Let's do it in english for once
Large oil profits are generated not because of high prices, but thanks to keeping prices reduced (despite oil production shortage) to maximize sales.
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All your oil are belong to Chavez.
In spanish, please
Let's do it in english for once
Large oil profits are generated not because of high prices, but thanks to keeping prices reduced (despite oil production shortage) to maximize sales.