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This research paper uses an expository methodology to examine the last ten years of Venezuela's Hugo Chavez presidency and the significant aspects in terms of US security. The paper contents highlight some of Chavez's notable changes, impacts on relations with the United States (US) and offers some suggestions for future strategies. The research focused on trying to understand Chavez's background, intentions and relevance through a relatively neutral lens. Despite President Hugo Chavez's anti-American rhetoric, the US has withstood the last ten years without significant security issues or real threats resulting from this ongoing tension. An analysis of Chavez's presidency reveals that Venezuela poses an ongoing challenge that warrants close attention but does not constitute a significant security threat to the United States. This paper addresses the significant aspects of Chavez and the US/Venezuela relationship up to this point in time (March 2009.) The majority of research reflects back over the past decade since December 1998.