venezuela oil

The proven oil reserves in Venezuela are recognized as the largest in the world, totaling 300 billion barrels (4.8×1010 m3) as of 1 January 2014, though some believe those numbers to be inflated.
Venezuela's crude oil is very heavy by international standards, and as a result much of it must be processed by specialized domestic and international refineries.

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  1. T1 Terry

    Are we watching an empire collapse in real time?

    Here is a You Tube video, clearly Chinese AI generated, but the facts are hard to deny .... Is it just like interpretation of an ancient philosopher's writings, or an actual condensing of repeated trends, each one lasting shorter than the last. I'm guessing many would remember when the pound...
    • T1 Terry
    • Thread
    • energy geopolitics geopolitical analysis greenland geopolitics imperial decline petrodollar system pound sterling us dollar venezuela oil
    • Replies: 6
    • Forum: General Chat Forum
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