Hugo Chavez: Oil, Politics, and the Challenge to the U.S.

Audacious, provocative, and bombastic, few world politicians are as colorful as Hugo Chávez, now making international news for his plans to nationalize U.S. owned businesses and his bold opposition to Washington's economic and trade policies. As Venezuela gains importance as the fifth largest oil exporter in the world, this firebrand leader is quickly moving to the public spotlight by uniting much of South America against the Bush administration and wielding oil as a "geopolitical weapon." To…