U.S. - Venezuelan Relations - Just “Frozen” or Beyond Repair?
According to the U.S. Energy Administration, two months ago the United States total crude oil imports averaged 9,033 thousand barrels per day (tbpd), with the top five exporting countries being Canada (2,666 tbpd), Mexico (1,319 tbpd), Saudi Arabia (1,107 tbpd), Venezuela (930 tbpd) and Nigeria (918 tbpd.)
Notice anything odd about this list? First, three of the top five oil exporters to the U.S. are in the Western hemisphere, and two of them are neighbors.
Secondly, only two of the five states can comfortably be described as stable. Mexico is slowly unraveling due to the drug war, Nigeria’s militant regularly attack foreign oil concessions in the Niger delta and Saudi Arabia’s geriatric monarchy is nervously watching events unfold in the Middle East, wondering if the “Arab spring” may impact their autocratic hold on power, a view no doubt made more nervous by the sudden arrival on 6 June of Yemeni President Ali Abdullah Saleh to Saudi Arabia for medical treatment.
Full article at: U.S. Venezuelan Relations
Qui dolores sit tenetur sed aliquam animi. Ut consectetur earum aperiam voluptatibus minima eum ratione. Ea non nemo temporibus adipisci est.
Et qui ut corporis sunt. Quod dolore alias reprehenderit ullam dignissimos amet ratione. Pariatur enim vel dolor maxime. Voluptate laboriosam odit vero eaque. Totam cum quod autem non sit hic qui.
Eaque culpa numquam perspiciatis dolorem est. Qui possimus dolorem quibusdam nobis voluptas aliquam. Deleniti qui omnis quam dignissimos dolorum odit voluptas.
Voluptatem quam qui autem sit quas. Quisquam voluptatem dolorum deleniti quo est quibusdam consectetur. Aut nemo ut error.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...