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Old 01-17-2018, 12:52   #166
tonyz
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"Katya: Complaining is our new human right. Glasnost gives everyone the right to complain and accuse... but it doesn't make more shoes."

Just like BIGGOV creating "universal health care" ...it does NOT create more medical professionals.

The curtain has been pulled aside for all to see in real time - on that scam that is communism/socialism.

Equal misery...and an untouchable elite.
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Venezuela’s Oil Production Is Collapsing
Old 01-18-2018, 08:56   #167
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Venezuela’s Oil Production Is Collapsing

Venezuela’s Oil Production Is Collapsing

https://www.wsj.com/articles/venezue...all-1516271401

Behind the WSJ wall but you get the idea from the first paragraph.

"CARACAS, Venezuela—Venezuela’s oil output is collapsing at an accelerating pace, deepening an economic and humanitarian crisis and increasing the chances the country will default on its debts...."

Down 216,000 barrels from November to December. Total for December 1.6 million barrels.

November article from Reuters

https://www.reuters.com/article/us-v...-idUSKBN1DD1QD
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Old 01-18-2018, 10:07   #168
JimP
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Atlas is shrugging in Venezuela. In an oil-rich country, only progressives could screw up oil production.

Even the hydro-cepheletics in the middle-east had enough sense to hire capitalists to develop their oil industry.
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Old 01-18-2018, 10:57   #169
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Quote:
Originally Posted by JimP View Post
Even the hydro-cepheletics in the middle-east had enough sense to hire capitalists to develop their oil industry.
Not much of an option when the national IQ is only 2 point higher then the camels they herd.

If every foreigner left the middle east they would collapse under the weight of millennia of incestuous breeding.

If they didn't possess oil they would not be on the worlds radar.
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Old 01-18-2018, 13:02   #170
abc_123
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Quote:
Originally Posted by JimP View Post
Atlas is shrugging in Venezuela. In an oil-rich country, only progressives could screw up oil production.

Even the hydro-cepheletics in the middle-east had enough sense to hire capitalists to develop their oil industry.
He had them and then fired them. Siphoned oil $$ to line his cronies pockets and fund socialist giveaways. Not enough $$ re-invested into production + expensive to produce oil + low oil prices = not good

Peak oil production occurred in Chavez's first year in office. Been in decline ever since. Reserves are NOT the issue.
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END IS NEAR ????
Old 02-13-2018, 21:58   #171
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END IS NEAR ????

REPORTED ON FOX NEWS TODAY 2/13/2018 71% of VENEZUELA'S CHILD POPULATION HAVE BEEN ABANDONED BY PARENT'S BECAUSE OF FOOD SHORTAGE
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Old 02-14-2018, 06:37   #172
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BRV-BRV-BRV


come on folks, say it with me....


BRV-BRV-BRV-BRV
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