I notice that there is a lot of misconceptions about both Chavez and Venezuela in this thread. To begin with, no, Chavez was not a dictator. He has won every single election without cheating, without it being rigged and yes, there is an opposition which runs against him. Since he is democratically elected in a democracy he also accepts it when he loses, like in 2007 he lost a referendum and he has not tried to cheat in any way to change the numbers or tried to implement what the vote was about. Because he was not a dictator.
To continue, no, Chavez did not control the media. There is 7 major national newspapers, 5 supports the opposition and 1 of them agrees with the government but there really is no newspaper which is funded or controlled by the government. 14% of the radio is publicly owned and when it comes to TV private commercial ownership is at the least 75% and might be as high as 95% (depending on which source you want to trust). The vast majority of radio and TV is anti-Chavez with three of the major networks openly supporting and inciting the military coup against Chavez in 2002. When it comes to the economy they managed to greatly improve the Venezuelan economy and yes, they can totally handle a decline in oil prices, even if it is a very large decline. On top of the 31% drop in the rate of poverty there is also the increased access to health care and education which is not included in the measurement which significantly improves situation for poor people. Yes, inflation sucks and but it was way higher in the pre-Chavez era.
Some highlights:
Inequality has fallen drastically.
Social spending per person has tripled (it's inflationadjusted, don't worry!).
Infant mortality has decreased with onethird.
More people are getting educations, specially higher educations with enrollments are over doubled since when Chavez took power.
Both the governments public debt and foreign public debt has decreased a lot.
More 9000 new health care clinics has been constructed providing free health care.
Illiteracy has been wiped out.
More rights for indigenous people and women.