After 20 years of radical Oil Sovereignty blah blah blah, Venezuela’s oil industry may end up under the boot of a no-name Kremlin-linked security contractor
Our country is experiencing an unprecedented shortage of fuel, even in Caracas. What are the causes and the solutions?
The attachment to dogma about Venezuela’s endless riches blocks essential changes for rescuing the industry. It’s time to change
Fuel shortage and lockdowns are reigniting the regime’s controlling instincts—and overwhelming the people’s capacity for survival
The collapse of WTI means one thing for the regular energy market and another thing for what’s left of the Venezuelan oil industry
Oil for May delivery is worth less than nothing. For the first time in a hundred years, Venezuela is staring down a future with no oil income. I’m sure it won’t be missed.
Fuel shortage is one of the reasons COVID-19 will hit Venezuela hard, because it increases the already heavy food insecurity. In the countryside, what’s left of production is stopping.
Applying social distancing measures to slow the spread of COVID-19 is the right way to go. The thing is, it’ll devastate what remains of the Venezuelan economy.
There’s a weird vibe in Caracas of economic improvement, with shortages slowly disappearing. But if you go past the surface of the incipient upgrades, you’ll see we’re far from real, stable development.
We know that several thousand children are malnourished. How do we avoid a self-fulfilling prophecy?
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