Venezuela's President Hugo Chavez speaks during a meeting with ministers at Miraflores Palace in Caracas February 9, 2010. Chavez inaugurated a folksy new radio talk-show on Monday by declaring an "electricity emergency" in oil-rich Venezuela. Despite its huge crude reserves, the South American OPEC member relies on hydro-electricity for 70 percent of its power needs, and a drought has hit supply since late 2009. REUTERS/Miraflores Palace/Handout (VENEZUELA - Tags: POLITICS ENERGY BUSINESS) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS