Venezuela Election Result Set To Upset Global Oil Politics


According to studies, Venezuela has overtaken Saudi Arabia to become number one in the world for proven oil reserves,

largely thanks to the heavy crude found in the Orinoco Belt.

Whether this multi-trillion dollar asset is controlled by Hugo Chávez or the opposition challenger, Henrique Capriles,

will influence which countries and companies are given the priority to exploit them

and how much drivers around the world pay at the pump.

Read the rest here

Next Post

Stressed To Breaking Point ~ Christchurch Voices

Tue Oct 9 , 2012
Christchurch Voices is a forum for people from Christchurch — personalities, community leaders, homeowners, businesspeople — to speak out on the issues surrounding the earthquake recovery here

You May Like