In the most hotly contended elections in Venezuela in more than ten years, Hugo Chavez managed to extend his rule over the largest holder of oil reserves in the Western Hemisphere for another six years.

FORBES: What Chavez's Reelection In Venezuela Means For Global Oil Markets

In Saudi Arabia, holder of the world's largest proven oil reserves, the youth jobless rate is right near the regional average, despite a half trillion dollar diversification package from King Abdullah.

CNN: The Arab World's lost generation

Holder said his lawyers are looking for potential violations of the Clean Water Act, The Oil Pollution Act, The Migratory Bird Treaty Act and Endangered Species Acts, and other criminal statutes.

FORBES: For BP, It Gets Even Worse