Minimizing Mischief in Venezuela, Stabilizing the U.S. Oil Supply
On August 15, Venezuelans will decide whether to retain or recallPresident Hugo Chávez, who has impoverished his citizens andturned the state oil industry into a political tool. The UnitedStates should support international scrutiny of Venezuela'sreferendum, diversify its sources of petroleum, and engage LatinAmerica to help strengthen allies' nascent democratic institutionsand market economies.