"Brazil and Venezuela have signed a series of 26 bilateral agreements to strengthen what they call their strategic alliance.
Brazilian President Luiz Inacio Lula da Silva and his Venezuelan counterpart, Hugo Chavez, signed the agreements in Venezuela's capital Caracas on Monday.
The accords cover areas such as defence, mining and energy.
The two countries' state-owned oil companies have also signed joint ventures for a range of projects."
This is another reason why we should promote as much oil-exploration in the US as possible. We must have our own source of petroleum.
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