Trump’s Greatest Disasters…Iran War…Venezuela’s Oil

The Hydrocarbon Quagmire: The Folly of Venezuela’s Extra-Heavy Crude and the Mechanics of Corporate Ruin Abstract On paper, Venezuela holds the world’s largest proven crude oil reserves, exceeding 300 billion barrels. In practice, over 80% of these reserves are locked in the Orinoco Petroleum Belt in the form of extra-heavy crude—a bitumen-like sludge with an… Continue reading Trump’s Greatest Disasters…Iran War…Venezuela’s Oil