Chavez Sees ‘True Crisis’ Over Oil Reserves

Dame mas gasolina, Venezuelan President Hugo Chavez may find himself humming. The sentiment of Daddy Yankee’s high-octane reggaeton hit–which has been pumping out of every car stereo on the globe this summer–has uncannily caught the zeitgeist right by the tail.

Chavez, Washington’s bugbear in South America, has told a U.N. summit OPEC members are in danger of sending the price of a barrel of crude over the century mark because they are pumping near capacity.

Forbes