Oil Rich, Gas Poor: Venezuela
Автор: Lessons from History 1776
Загружено: 2025-09-07
Просмотров: 19
Описание:
🛢️ Imagine having the world's largest oil reserves but no gasoline at gas stations...
This is the shocking story of how Venezuela went from oil superpower to fuel crisis in just 30 years.
⏰ TIMELINE:
0:00 - The impossible reality: Oil rich, fuel poor
0:06 - Venezuela's golden age (3.2M barrels/day)
0:16 - Chavez replaces experts with politicians
0:26 - Production crashes: 3.2M → 558K barrels
0:33 - Empty gas stations in oil capital
0:37 - The lesson: Expertise matters
📊 MIND-BLOWING FACTS:
World's largest proven oil reserves: 300+ billion barrels
1990s production: 3.2 million barrels/day
2021 production: Just 558,000 barrels/day
That's an 82% collapse in 30 years!
Citizens queue for hours for gasoline in oil-rich nation
💡 WHAT WENT WRONG:
❌ Fired petroleum experts, hired political loyalists
❌ Nationalized oil companies without expertise
❌ Politics over professional management
❌ Ideology replaced technical knowledge
🌍 THE LESSON: When you replace experts with politicians, even the world's largest oil reserves become worthless.
This isn't just about Venezuela - it's about why expertise matters more than politics in any industry.
Sources: OPEC, Venezuela Energy Ministry, International Energy Agency
Research: [Your research sources]
#Venezuela #OilIndustry #Expertise #Politics #Economics #Socialism #LatinAmerica #EnergyPolicy #ProfessionalManagement #EconomicCollapse #HugoChavez #PetroleumIndustry #ResourceManagement #GovernmentFailure #IndustryExpertise
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⚠️ This video is for educational purposes about the importance of professional management in critical industries.
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