http://news.yahoo.com/s/ap/20070415/..._energy_summit
CARACAS, Venezuela - Not long ago, President Hugo Chavez was embarking on ambitious plans to produce ethanol as the eco-fuel of choice. But within the past two months, the biofuel has suddenly become a villain for him and a major point of friction with Brazilian leader Luiz Inacio Lula da Silva.
Their dispute, raised in part by a U.S.-Brazil ethanol agreement.......
Chavez said last week that Venezuela was working on an alternative proposal to "overthrow" the U.S.-Brazil agreement, which he characterizes as an ethanol "cartel"
Oh you mean kind of like OPEC?