Venezuela's oil situation

During Hugo Chavez’s presidency, oil production and exports declined while domestic consumption increased. Exports have declined since 2005, and the United States has been importing less even as it remains the largest export market for the country. Read related article.

Venezuela's oil situation.
Sources: U.S. Energy Information Administration, World Bank, AAA Fuel Gauge Report. The Washington Post. Published on March 6, 2013, 6:56 p.m.
 
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