The attachment to dogma about Venezuela’s endless riches blocks essential changes for rescuing the industry. It’s time to change
Tag: Venezuelan Oil
The collapse of WTI means one thing for the regular energy market and another thing for what’s left of the Venezuelan oil industry
During Carlos Andrés Pérez’s first presidency, a law was passed so Venezuela could benefit the most from oil revenue. It was well thought out and, most importantly, well executed. It would change our relationship with our natural resources forever.
Caracas Chronicles is 100% reader-supported.
Support independent Venezuelan journalism by making a donation.Donate