E-Mail Address: Password:
Forgot password?
Click here to register
[login]
Home Articles Stocks Faq About Us Contact Us RSS Feeds September 9, 2010
SEARCH: 
Energy Tribune Jobs
(click here)
Featured Stories
Guest Opinions
Americas
Europe
Russia
Middle East
China
Australasia
India
Africa
Nuclear
Commentary
Print Issues
Oil and Gas Industry ...
EPA’s Fracking Hyster...
The UN Taxman: Could ...
Asian Energy and How ...
Angola: An emerging o...
Wind Energy Gets Huge...
Anthony Cordesman Bus...
The End of Coal?
Wood to Coal to Oil t...
Death of A Gentleman:...
Clean-Energy Forum Le...
Energy Conservation a...
Wind Energy’s House o...
PNG and Australia Mee...
Wind Energy Gets Huge...

Putin and Chavez: Two Votes, Two Different Results

Posted on Jan. 17, 2008

Hugo Chavez Photo: flickr

In early December, some 60 percent of Russian voters sided with Putin’s United Russia party in the elections for Russia’s 450-seat parliament, the Duma. The vote has apparently given Putin license to prolong his stranglehold on Russia. While this was happening, Venezuelan voters were rejecting a package of 69 proposed amendments to Venezuela’s constitution that would have given Hugo Chávez extraordinary powers.

Russia and Venezuela have played huge roles in recent oil price increases, and their two leaders are strutting with bravado fueled by enormous influxes of petrodollars. Their leadership styles are similar, and they require an enemy in order to rally popular support. The easy enemy of course is the United States and what it represents. But the darkest part of all this is that their attitudes represent the thinly-disguised envy of America, which permeates many countries, including some of our “friends.” And inflating this anti-Americanism is our own highly unpopular president, who is made all the more vulnerable by thoughtless Americans in that strange self-flagellation unique to American politics.

Let’s face it: neither Putin nor Chávez care whether a Democrat or a Republican is in the White House. In their quest to harm the U.S. economy and cut down what they perceive as U.S. hegemony, oil is their tool. Politics is one thing; committing economic suicide is another.

One reason for Putin’s popularity at home is that he has tapped into Russias’ two strong yearnings: a cultural affinity for a strong, Tsar-like leadership – quite different from Western European and North American predilections – and an understandable hunger for prestige and world recognition – a need to be relevant. In the course of 15 years, the Russian people saw their country go from superpower to junior partner, and then, thanks to Putin, through a renaissance of power. Putin’s sojourn has not been on the back of nuclear weapons – which the country still owns in abundance – but has been fueled by oil and gas.

With Vladimir Putin, post-Soviet Russia has recovered much of its Soviet-era position and power. What Nikita Khrushchev and Leonid Brezhnev could not do with nuclear weapons and raw military power, Putin has attempted with oil and gas, in what arguably can be called energy imperialism.

The recent elections, even with observers’ assertions of unfairness, put Putin in a commanding position. He will be around for a long while and he has to be reckoned with. He knows it, we know it, and China, with its dire energy supply predicaments, knows it.

Chávez is another matter. Cheered on by the unrepentant Fidel Castro, Chávez, who fashions himself as the new Simón Bolívar (or at least Che Guevara), thinks he is above the law and the rules, even those of his own one-sided game – all in the name of what he considers revolutionary bliss.

But make no mistake. The referendum was a crashing defeat for Chávez. Even in poverty-prone, populist-infused Venezuela, with his near complete control of the media and government machinery, he lost. Kudos to the Venezuelans, who are beginning to see the emptiness of populist sloganeering as their country falls apart. The country is realizing that it simply cannot be managed by slogans. Oil production, on which their economy depends heavily, is at its lowest level since the country’s first nationalization in the 1970s.

With oil prices near $100 per barrel, Vladimir Putin and Hugo Chávez, who at $60 would otherwise be monkeys, are expected to be 1,000-pound gorillas. At least in Venezuela, we have seen how far populism can take a leader. In Russia, apparently that point has yet to be reached.

Stumble It!
Share on Facebook   Share on Twitter
Back Home   Back to Top
Related Articles
Off the Hydrocarbon Dole, Persian Gulf C...
By Andres Cala 
Sep. 7 2010, 2:40 EST
Energy Conservation and Future Energy De...
By Allen Brooks 
Sep. 3 2010, 2:43 EST
Germany’s Nuclear Bridge
By Geoffrey Styles 
Sep. 2 2010, 4:20 EST
E85 Case Study: Iowa
By Robert Rapier 
Sep. 1 2010, 2:54 EST
Wind Energy’s House of Cards
By Steve Goreham 
Aug. 31 2010, 2:17 EST
Looking Back to Look Ahead
By Geoffrey Styles  
Aug. 30 2010, 5:33 EST
Wind Energy Gets Huge Subsidies. So Wher...
By Robert Bryce  
Aug. 27 2010, 2:15 EST
Oil and Gas Industry Tax Incentives: Ho...
By Michael J. Economides 
Aug. 25 2010, 7:45 EST
Turkmenistan Warms to US, Hugs China
By Andres Cala 
Aug. 24 2010, 7:03 EST
Anthony Cordesman Busts the Myth of Ener...
By Robert Bryce 
Aug. 23 2010, 6:01 EST
The Great British Solar Scam (and the sc...
By Peter C Glover, ET European correspondent 
Aug. 20 2010, 6:12 EST
The End of Coal?
By Robert Bryce, ET managing editor 
Aug. 19 2010, 6:17 EST
CLOSE
MORE
Coal and Oil: The Dark Monarchs of Globa...
By Kjell Aleklett  
Sep. 8 2010, 4:28 EST
Why An Oil Glut Is Ahead?
By Richard Martin 
Sep. 8 2010, 4:26 EST
How French Strikes Hit Mexico
By Stephen Schork 
Sep. 8 2010, 12:46 EST
Slovenia Takes Dim View of Light Polluti...
By Phil Cain 
Sep. 8 2010, 12:36 EST
A Textbook Example: Why American Schools...
By Michael Laine 
Sep. 8 2010, 12:25 EST
A Regenerative Feat for Solar Cells
By John C. Rudolf 
Sep. 8 2010, 12:19 EST
India to Buy Iran Gas via Sea Pipeline?
By Tehran Times 
Sep. 8 2010, 11:04 EST
10 Things We’d Like To Tell Automakers A...
By Nikki Gordon-Bloomfield 
Sep. 7 2010, 2:37 EST
A Necessary Moratorium
By NY Times 
Sep. 7 2010, 2:27 EST
Norway Seeks to Boost Oil and Gas Produc...
By Rigzone Staff 
Sep. 7 2010, 2:09 EST
Oily Bond: From Louisiana to Alaska
By Jessica Ravitz 
Sep. 7 2010, 1:55 EST
Danish Shipping Giant to Switch to Clean...
By Bettina Wassener 
Sep. 7 2010, 1:18 EST
CLOSE
MORE
BP: No Single Factor Caused Gulf Spill
By Ben Casselman and Spencer Swartz  
Sep. 8 2010, 11:17 EST
Brazil Extends Sovereignty Over Oil Dril...
By Carlos Caminada 
Sep. 7 2010, 4:16 EST
Chile Miners’ Families Mark First Month ...
By BBC News 
Sep. 7 2010, 2:06 EST
Drug Cartels Cripple Pemex Operations
By Tracy Wilkinson 
Sep. 7 2010, 1:58 EST
Tropical Storm Hermine Crosses Into Texa...
By Paul J. Weber 
Sep. 7 2010, 1:33 EST
Gulf Rig Fire Out, Coast Guard Backpedal...
By CNBC 
Sep. 3 2010, 12:54 EST
Pricey Petrobras Oil Deal Removes Share ...
By Jeff Fick 
Sep. 3 2010, 11:47 EST
Oil Sheen Spreading from Gulf Platform E...
By Alan Levin and Julie Schmit 
Sep. 2 2010, 3:58 EST
Oil Rig Explodes in Gulf, 1 Person Injur...
By CBS NEWS 
Sep. 2 2010, 3:57 EST
Canada’s Renewable-Fuel Regulations Comp...
By Alexandre Deslongchamps and Irene Shen 
Sep. 2 2010, 3:57 EST
Petrobras Gains to Two-Week High
By Peter Millard 
Sep. 2 2010, 3:53 EST
Chelsea Produce Market to Receive 2 Mill...
By Beth Daley 
Sep. 2 2010, 1:12 EST
CLOSE
MORE
French Strikers Block Fuel at Total Refi...
By Reuters 
Sep. 8 2010, 12:22 EST
Transocean Denies Staff Bullied Over Saf...
By Rowena Mason 
Sep. 8 2010, 12:12 EST
EU Tops Solar Power System Growth List
By Energy Matters 
Sep. 7 2010, 1:48 EST
Europe Crude Markets Strengthen On Deman...
By The Wall Street Journal 
Aug. 27 2010, 11:17 EST
Nuclear Reactor Designs Likely to Win U....
By Kari Lundgren 
Aug. 26 2010, 3:09 EST
Rover Technology Could Improve Solar Pow...
By Sify News 
Aug. 24 2010, 11:30 EST
Romania Aims to Decide on Nuclear Units ...
By Reuters 
Aug. 19 2010, 5:41 EST
Spain’s Renovalia to Invest in Canadian ...
By Shannon Roxborough  
Aug. 12 2010, 2:30 EST
U.K. Will Open Nuclear Power Station in ...
By Robert Hutton and Kari Lundgren 
Aug. 9 2010, 12:43 EST
Ecuador Renegotiates With Foreign Oil Fi...
By Spencer Swartz and Mercedes Alvaro 
Aug. 9 2010, 12:05 EST
North Sea Oil Groups Seek to Speed Devel...
By Mathew Carr  
Aug. 9 2010, 12:01 EST
Fire Put Out at British Nuclear Weapons ...
By the CNN Wire Staff 
Aug. 4 2010, 12:17 EST
CLOSE
MORE
Russia: Iran’s Nuclear Plant to Get Fuel...
By CNBC 
Aug. 13 2010, 5:01 EST
Lawmakers Unlikely to Block US-Russia Ci...
By Washington Examiner 
Aug. 12 2010, 5:13 EST
BP’s Dudley to Meet Top Russian Energy O...
By Katya Golubkova and Jessica Bachman 
Aug. 2 2010, 11:28 EST
Russia to Spend 200M on Largest Wind-Pow...
By RIA Novosti 
Jul. 30 2010, 5:33 EST
Russia`s Zarubezhneft to Drill Cuba Oil ...
By Tehran Times 
Jul. 15 2010, 11:25 EST
Russia Ready to Ship Oil Products to Ira...
By Xinhua News 
Jul. 14 2010, 11:48 EST
Russia, Vietnam Boost Oil Cooperation
By The Moscow Times 
Jul. 12 2010, 12:54 EST
Russia Challenges Middle East on Oil to ...
By Christian Schmollinger 
Jul. 8 2010, 2:41 EST
Russia Becoming Major Oil Supplier to U....
By Ria Novosti 
Jul. 7 2010, 11:42 EST
Russia Holds Oil Output at Record in Jun...
By Anna Shiryaevskaya 
Jul. 2 2010, 11:43 EST
Poland, Germany, Slovakia Delay Green En...
By Catherine Craig and Anna Czajkowska 
Jul. 1 2010, 12:46 EST
Total to Develop Gas Field in Barents Se...
By Geraldine Amiel 
Jun. 29 2010, 1:42 EST
CLOSE
MORE
Iran on Brink of Nuclear Weapon, Warns W...
By Damien McElroy 
Sep. 7 2010, 12:32 EST
Kuwait to Build Safest Nuclear Plant
By Arab Times 
Sep. 3 2010, 12:48 EST
Middle East Direct Peace Talks Begin in ...
By BBC News 
Sep. 2 2010, 12:41 EST
Qatar Exchange On An Upswing
By The Peninsula 
Sep. 1 2010, 11:46 EST
Iran Sets 2020 Target for Nuclear Fusion...
By Las Vegas Sun 
Sep. 1 2010, 9:55 EST
Iran to Resume Gas Export to Turkey
By Tehran Times 
Aug. 31 2010, 10:55 EST
OPEC Oil Output Declined on Iraqi Pipeli...
By Karyn Peterson and Mark Shenk 
Aug. 31 2010, 10:19 EST
Iran Has No Intention to Make Nuclear Bo...
By English News 
Aug. 30 2010, 12:52 EST
Iraq Oil Flow To Turkey On Hold Since Su...
By Wall Street Journal 
Aug. 30 2010, 11:48 EST
OPEC to Cut Exports, Oil Movements Says
By Arabian Business 
Aug. 27 2010, 11:23 EST
Israeli FM: No Peace Deal Within One Yea...
By English News 
Aug. 26 2010, 11:52 EST
Abu Dhabi To Build 100 MW CSP Plant
By Stephen Lacey 
Aug. 25 2010, 2:06 EST
CLOSE
MORE
China Oil Giants Production Unaffected A...
By Reuters 
Sep. 8 2010, 11:00 EST
China to Lend Russia 6 Billion for Coal ...
By CNBC 
Sep. 7 2010, 1:28 EST
China Hints at Tighter Regulation on Gas...
By Wall Street Journal 
Sep. 7 2010, 11:50 EST
North Korea Hopes for Early Nuclear Talk...
By BBC News 
Aug. 30 2010, 1:09 EST
China, South Africa In Talks On Nuclear ...
By Automated Trader 
Aug. 24 2010, 11:24 EST
Sinopec Says China Oil Imports May Slow ...
By Reuters 
Aug. 24 2010, 11:17 EST
Korea Pension in Talks to Buy U.S. Oil P...
By Seonjin Cha and Saeromi Shin 
Aug. 23 2010, 2:52 EST
China Guangdong Nuclear Signs MOU With V...
By NASDAQ 
Aug. 19 2010, 5:35 EST
China to Send Delegation to Uganda on Oi...
By Emmanuel Gyezaho 
Aug. 19 2010, 12:27 EST
Woodside, Rival Chevron Find More Gas Of...
By San Francisco Chronicle 
Aug. 17 2010, 2:48 EST
Chinese Buyers Defer Prompt Coal Shipmen...
By Steel Guru 
Aug. 16 2010, 5:38 EST
China Asked to Set Ceiling on Coal Outpu...
By iStock Analyst 
Aug. 12 2010, 2:23 EST
CLOSE
MORE
Japan, Kuwait Agree Nuclear Energy Coope...
By Trade Arabia 
Sep. 8 2010, 11:08 EST
South Korea to Ban New Investment in Ira...
By Bomi Lim 
Sep. 8 2010, 11:02 EST
Solar Energy is 1st Choice of Aussies
By Yvette Lane 
Sep. 3 2010, 12:50 EST
Indonesia Edges Closer Toward Uranium Mi...
By Dorothy Kosich 
Sep. 3 2010, 12:40 EST
Japan OKs New Economic Sanctions Against...
By CBS News 
Sep. 3 2010, 11:41 EST
India to Build the World’s Largest Solar...
By Xinhua Net 
Sep. 2 2010, 12:29 EST
Top Envoys to Meet US Over Resumption of...
By Kim Young-jin 
Sep. 1 2010, 11:12 EST
JAL Submits Rehab Plan to Tokyo District...
By Xiong Tong 
Aug. 31 2010, 12:39 EST
North Korean Pair Viewed as Key to Secre...
By Jay Solomon 
Aug. 31 2010, 11:11 EST
Japanese, Korean Firms Eye Indonesia’s E...
By Reuters 
Aug. 30 2010, 1:40 EST
Kingdom, Japan Nearing Nuclear Deal
By Taylor Luck 
Aug. 27 2010, 11:26 EST
Indonesia Approved 15 Oil and Gas Projec...
By Deden Sudrajat 
Aug. 25 2010, 2:01 EST
CLOSE
MORE
IEA Exec Says Dependency on OPEC Oil to ...
By Reuters 
Sep. 3 2010, 12:33 EST
U.S. May Finance Coal Projects in India,...
By Mongabay 
Aug. 27 2010, 4:04 EST
India Overtakes Japan in Demand for Oil
By Aveek Datta 
Aug. 26 2010, 11:24 EST
India Says Still Pursuing Peace Pipeline
By Tehran Times 
Aug. 18 2010, 12:25 EST
Wet Coal Has Hit Power Generation in Ind...
By Steel Guru 
Aug. 10 2010, 4:00 EST
Adani Buys Linc Coal Assets for 2.72 Bil...
By James Fontanella-Khan and Lachlan Colquhoun 
Aug. 3 2010, 5:06 EST
India Interested in Queensland Coal
By Tony Grant-Taylor 
Jul. 13 2010, 4:35 EST
Singh’s Resolve to Rein in Spending Test...
By Bibhudatta Pradhan  
Jul. 5 2010, 11:53 EST
India Auction of Oil, Gas Blocks Fetches...
By AFP 
Jul. 1 2010, 11:21 EST
India’s Crude Oil Production Expands by ...
By Deccan Herald 
Jun. 29 2010, 12:46 EST
Bangladesh Seeks Indian Help for Khulna ...
By SteelGuru 
Jun. 28 2010, 12:17 EST
Scrapping of Fuel Regulation to Boost In...
By Rakteem Katakey 
Jun. 28 2010, 11:51 EST
CLOSE
MORE
Chevron Gets Liberia Nod
By Upstream Staff 
Sep. 8 2010, 12:30 EST
Nigeria May Give Brazil Access to Oil, G...
By Paul Okolo  
Sep. 1 2010, 9:53 EST
IAEA: Sudan Needs Two Research Nuclear R...
By Bernama 
Aug. 27 2010, 4:47 EST
Solar Energy Brings Power to Rural Afric...
By Catriona Davies 
Aug. 23 2010, 4:55 EST
Wind Could Power 35 Percent of South Afr...
By English News 
Aug. 17 2010, 3:56 EST
Oil Pipeline Sabotage Increasing In Nige...
By RTT News 
Aug. 16 2010, 5:26 EST
Nigerian Govts Accused of Not Favoring A...
By OpeOluwani Akintayo 
Aug. 13 2010, 4:39 EST
OPEC Likely to Maintain Oil Output at Ne...
By Candido Mendes 
Aug. 13 2010, 4:25 EST
Nigeria sees China, U.S. Interest in Oil...
By Reuters 
Jul. 30 2010, 5:11 EST
Shell to Sell 4 Oil Blocks in Niger Delt...
By Chika Amanze-Nwachuku 
Jul. 29 2010, 3:07 EST
HSBC in Energy Trading Alliance with Tot...
By Reuters 
Jul. 23 2010, 12:53 EST
Nigeria’s Oil Company Says Units Won’t B...
By Elisha Bala-Gbogbo 
Jul. 22 2010, 1:51 EST
CLOSE
MORE
Two More Nuclear Reactors to be Built in...
By Nuclear Engineering International 
Jul. 2 2010, 11:57 EST
U.S. Will Object to China, Pakistan Nucl...
By The Washington Post 
Jun. 15 2010, 11:48 EST
China Wants More Dialogue on Iran Nuclea...
By AP 
Jun. 10 2010, 8:59 EST
Iran Reactor Starts Up in August
By Reuters 
May. 20 2010, 11:10 EST
US Calls Iran Nuclear Deal Positive Step
By Xinhua 
May. 18 2010, 11:29 EST
Brazil to Build New Nuclear Reactor
By AFP 
May. 6 2010, 10:31 EST
Iranian Leader Flies Into Nuclear Storm
By Rupert Cornwell 
May. 3 2010, 11:43 EST
Zimbabwe Says No Uranium Deal With Iran
The Vancouver Sun 
Apr. 27 2010, 8:16 EST
Italy, Russia Sign Nuclear Agreement
By People’s Daily 
Apr. 27 2010, 8:13 EST
Australia Will Allow Exports of Uranium ...
By Marion Rae 
Apr. 23 2010, 10:47 EST
Medvedev in Ukraine for Nuke Energy Deal
By Earth Times 
Apr. 21 2010, 11:08 EST
Iran, Security Council Plan Nuclear Talk...
By Farhad Pouladi 
Apr. 19 2010, 2:18 EST
CLOSE
MORE
Marathon Oil Boosts Production
Sep. 8 2010, 1:00 EST
 
Nevada Secures Loan Guarantee
Sep. 8 2010, 1:00 EST
 
Egypt Reactor Broke Down in Apr.
Sep. 8 2010, 1:00 EST
 
China to Increase Coal Import
Sep. 8 2010, 1:00 EST
 
Asia Sums Fail to Add Up
Sep. 8 2010, 1:00 EST
 
Kuwait Plans Refinery Shutdowns
Sep. 8 2010, 1:00 EST
 
34 Rescued from Platform Accident
Sep. 8 2010, 1:00 EST
 
BP Blames Itself, Others
Sep. 8 2010, 1:00 EST
 
Report Means Drilling Must End
Sep. 8 2010, 1:00 EST
 
Germany Agrees to Extend Nuclear Plant L...
Sep. 7 2010, 4:37 EST
 
Valero is expanding the availability of ...
Sep. 7 2010, 4:27 EST
 
Self-Healing Solar Cells Could Have Inde...
Sep. 7 2010, 1:00 EST
 
CLOSE
MORE
Dow Jones +66.79 +0.64 10,453.80
S&P 500 +10.20 +0.93 1,109.07
NASDAQ +15.31 +0.69 2,244.18
As of 09/09/2010 10:59 AM  
Energy Tribune +1.30 +1.40 94.35
Integrated +0.80 +0.57 142.29
Operations +1.48 +1.31 114.99
Services & Equipment +2.72 +1.96 141.20
Coal -0.34 -0.10 347.35
As of 09/09/2010 10:59 AM  
WH Clean Energy +0.36 +0.88 41.31
WH Progressive Energy +1.18 +1.61 74.62
As of 09/09/2010 10:59 AM  
Marathon Oil Boosts Production
Sep. 8 2010, 1:00 EST
[Read More]
Nevada Secures Loan Guarantee
Sep. 8 2010, 12:59 EST
[Read More]
Egypt Reactor Broke Down in Apr.
Sep. 8 2010, 12:57 EST
[Read More]
China to Increase Coal Import
Sep. 8 2010, 12:56 EST
[Read More]
Asia Sums Fail to Add Up
Sep. 8 2010, 12:54 EST
[Read More]
Kuwait Plans Refinery Shutdowns
Sep. 8 2010, 12:53 EST
[Read More]
34 Rescued from Platform Accident
Sep. 8 2010, 12:52 EST
[Read More]
BP Blames Itself, Others
Sep. 8 2010, 12:50 EST
[Read More]
Report Means Drilling Must End
Sep. 8 2010, 12:49 EST
[Read More]
[ click here ]
FaceBook  |   Twitter
Home | Subscribe | Articles | Commentary | Stocks | Faq | About Us | Contact Us | Subscribers Only | RSS | All News
Advertise With Us