[DeepIron]

Of course, it may become a problem for him to keep that cash flowing even if oil prices don't drop, since his policies are driving skilled oil workers out of the country

"Since Mr. Chávez took power in 1999, Venezuela's oil production -- according to U.S. government statistics -- is down to 2.4 million barrels a day, from 3.1 million barrels a day, despite high prices. (Venezuela has consistently accused the U.S. of undercounting PdVSA's production in recent years.)"

Interesting point and article...