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OPEC States That Venezuela has World’s Largest Oil Reserves
The Organization of Petroleum Exporting Countries, a notoriously conservative organization, has stated that Venezuela has world’s largest oil reserves, even exceeding those of OPEC’s top producer, Saudi Arabia.
Venezuela to Compensate American Oil Companies for Nationalization?
If Cuba’s Fidel Castro is America’s favorite Latin American bête noire, then Venezuela’s Hugo Chavez qualifies as Washington’s reigning Prince of Darkness.
U.S. – Venezuelan Relations – Just ‘Frozen’ Or Beyond Repair?
According to the U.S. Energy Administration, two months ago the United States total crude oil imports averaged 9,033 thousand barrels per day (tbpd), with the top five exporting countries being Canada (2,666 tbpd), Mexico (1,319 tbpd), Saudi Arabia (1,107...
Aerosmith Back on the Road in South America with ‘COCKED, LOCKED, READY TO ROCK TOUR!’
Aerosmith returns to South America for the first time since 2007 beginning in Caracas, Venezuela on May 18th with the COCKED, LOCKED, READY TO ROCK TOUR! spawning what could be the ultimate music event of the new decade. America’s greatest rock...
Can We Make Entertainment Out of Irrationality?
If, as I have suggested, irrationality knows no bounds, can we at least start mining it for its entertainment value? I have to confess that this was my immediate reaction to the following report that just appeared on the BBC News Web site: Venezuelan...
Venezuela Begins Investigation of Assassination Plot
The Venezuelan Attorney General’s Office has formally started an investigation into an alleged assassination plot against President Hugo Chavez, following recently publicized declarations by a former paramilitary hitman and a former Colombian intelligence...
6.4-magnitude Earthquake in Venezuela Injures At Least 14 People
Local media has reported that a 6.4-magnitude earthquake shook Venezuela’s Caribbean coast, injuring at least 14 people and causing minor structural damage to several buildings. According to the U.S. Geological Survey the epicenter of the quake,...
Venezuela Closes 32 Privately Owned Radio Stations And 2 Regional Television Stations
The head of Venezuela’s telecommunications agency (CONATEL), and minister of housing and infrastructure, Diosdado Cabello, has announced the immediate closure of 32 privately owned radio stations and 2 regional television stations, as their broadcast...
