Venezuelan President Hugo Chavez said Saturday that the world faces an energy crisis
but there is little chance of his country and other OPEC members
increasing production because they are already pumping near “their
capacity.””We’re at the doorway of major energy crisis worldwide,” Chavez said.
“We’ll have to develop other resources such as wind, solar and nuclear
energyԚ naturally for peaceful purposes.” He said Venezuela was in
talks with Argentina and Brazil regarding nuclear power.
but there is little chance of his country and other OPEC members
increasing production because they are already pumping near “their
capacity.””We’re at the doorway of major energy crisis worldwide,” Chavez said.
“We’ll have to develop other resources such as wind, solar and nuclear
energyԚ naturally for peaceful purposes.” He said Venezuela was in
talks with Argentina and Brazil regarding nuclear power.
“Prices will continue to rise but oil is running out,” he said.