No doubt some of that lack of development, and more importantly lack of economically profitable development, is from typical central planning ineptitude.
However, my understanding is that Venezuela has particularly low quality oil and much of it is too expensive to refine at current prices.
Undisciplined
npub1t4…w4jj5
2026-01-05 20:15:18 UTC
in reply to nevent1q…z96d
Author Public Key
npub1t49ker2fyy2xc5y7qrsfxrp6g8evsxluqmaq09xt7uuhhzsurm3srw4jj5Published at
2026-01-05 20:15:18 UTCEvent JSON
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