Venezuela:
Minister Counselor Kabboul discusses effect of Chavez's re-election on energy policy
With Hugo Chavez being re-elected to another term as president of Venezuela this week, the future of the U.S./Venezuela relationship remains in question. During today's OnPoint, Fadi Kabboul, minister counselor for energy affairs at the Venezuelan Embassy to the United States, discusses Venezuela's desire to keep energy policy and politics separate. He talks about the CITGO-Venezuela Heating Oil Program offered to low-income U.S. households, describing it as a "people to people" program created outside of the political realm. Kabboul also addresses concerns over the rising price of oil.