Venezuela is about to successfully seduce Bolivia.
Plan Colombia and Beyond: Where is Washington's counter-offer?: "In a signed agreement, Chávez committed Venezuela to providing Bolivia with the following:

* An immediate $30 million donation to pay for social programs.
* According to Bolivia’s La Razón newspaper, “Venezuela will supply all of the fuel that the Bolivian population consumes, which has an approximate cost of $150 million per year, in exchange for food produced in Bolivia.”
* Technical assistance for gas and oil exploration, and assistance in overhauling Bolivia’s energy sector.
* A commitment to help Bolivia build highways, both within the country and between Bolivia and its neighbors.
* Educational assistance to Bolivia, including a literacy program with the goal of eradicating illiteracy within thirty months.
* Venezuelan assistance with land reform, agriculture and healthcare."

The US counter offer noted is pretty weak. Prolly by design to cut losses, not get into an aid-bidding war; wait for the mistakes of the policy to be more clear.

It seems like a Public Relations mistake by Bush, at least.