Geopolitics over geology: Limits of Venezuelan oil in volatile market

policy priorities
Written By World in Trust

This article was originally featured in AgroSpectrum

 

In a recent AgroSpectrum feature analyzing Venezuela’s role in global oil markets, USHBC President & CEO Javier Palomarez provides insight into the geopolitical and operational hurdles facing U.S. energy policy. Despite Venezuela holding the largest proven oil reserves in the world, Palomarez emphasizes that American imports from the country remain minimal, less than 500,000 barrels per day.

He underscores that for U.S. energy companies to operate effectively in Venezuela, “stability, predictability, regional peace, and cooperation from the Venezuelan people” are essential.

Read the full article to explore how Venezuela’s fragile oil landscape impacts American supply chains and small business sectors.

 
World in Trust
Previous

Republicans are freaking out about Hispanic voters after a Texas upset
Next

Latino Entrepreneurs Feel the Pinch as Trump’s Promises Get Costly