Saturday, May 31, 2008

Venezuela's legislature will consider next week whether to nationalize gasoline stations

Venezuela's legislature will consider next week whether to nationalize gasoline stations that were sold to investors a decade ago, because of complaints by a labor union, Correo del Caroni reported. Angel Marcano, a deputy in the National Assembly, said he supported a takeover and that workers and customers would be better served if the state ran the stations, said the newspaper based in Ciudad Guyana, Venezuela. Marcano blamed a labor dispute on ``the capitalist system of exploitation,'' the newspaper said. Earlier this year, Venezuela took over the Sidor steel mill after a protracted labor dispute, Correo del Caroni said.

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