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Venezuela Oil Production

Venezuela Oil Production

A general Thread about Oil Production in Venezuela. What is the level of Venezuela Oil & Gas Exploration and are the Petroleum Refineries able to keep up with local demand?

Production Oil Venezuela

Falling Oil Prices Could Push Venezuela Over The Edge:

While Saudi Arabia tests the mettle of North American producers, it could be Venezuela that is the most vulnerable Ref. Source 6

Venezuela Oil Production History & Civil Business Politics

Venezuelan gasoline prices jump 6,000%:

Starting from February 18, the price of premium gasoline is going rise from 0.1 bolivars (Less than 2 cents) a liter to 6 bolivars (87 cents) per liter; an increase of over 6,000 percent. The price for regular 91 octane gasoline is set to jump from 0.07 bolivars (1 cent) to 1 bolivar (14 cents) per liter, reports the Associated Press. Ref. Source 7j.

Production Oil Venezuela

Iran sends biggest ever fleet of oil tankers to Venezuela. Defying US sanctions, Iran sends flotilla of about 10 vessels to help the Latin American nation fight a crippling fuel shortage. Source 1q
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Production Oil Venezuela

It is ridiculous that an oil rich country like Venezuela has to be dependent on a middle eastern county in Iran in order to get oil! The Venezuelan government is so inept that they cannot release power for the sake of their own people.