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Five Keys to Understanding Venezuela's Oil History » Yale Climate Connections
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By Johani Carolina Ponce, Yale Climate Connections In recent days, the Venezuelan oil industry has returned to the center of the international debate. Venezuela has the world's largest proven oil reserves, but its oil industry today operates far below its historical potential. To understand how the country went from being one of the main global producers to facing a deep energy crisis, this article summarizes five keys that explain the evolution…
The country possesses the world's largest proven oil reserves, but its oil industry currently operates far below its historical potential. The post Five Keys to Understanding Venezuela's Oil History appeared first on Yale Climate Connections.
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