My ears were burning the other night luckily, reader Allan Berger was there to put out the fire. Houston Chronicle on MSN.com - 11:30:00 AM Tomlinson: World should not abolish oil and gas but use it more wisely Venezuela’s illegal expropriations of foreign oil and gas assets were a major red flag for would-be investors. Venezuela’s oil production has shrunk by 75% over the past ten years, due largely to its own political missteps. Venezuelan Oil Production Has Plummeted By 75% In Ten Years Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of JanuSee also: Oil - production map The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Definition: This entry is the total oil produced in barrels per day (bbl/day).
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