Venezuela maybe has reserves of up to 350 billion barrels if all their known dark heavy and light crude are calculated. That total is far more than is now officially recognized by OPEC which means unofficially the country has greater reserves than Saudi Arabia by that current persent.
but investigation & analysis conclude , that there's more oil, a lot more. Palast reports a US Energy Department expert believes Venezuela holds 90% of the world's super-heavy tar oil reserves - an estimated total of 1,360,000,000,000 (1.36 trillion) barrels. Let me restate - 1.36 trillion barrels. That alone is more oil than Mr Hubbert believed 50 years ago lay under the entire planet.
As how it looks U.S.A need's more Venezula & Chavez then any thing else .
Mr Hugo Chavez is ultimate Goal is to permanenty increase full efforts in pushing the National oil company P.D.V.S.A prime oil market to its pick world wide.
Venezuela maybe has reserves of up to 350 billion barrels if all their known dark heavy and light crude are calculated. That total is far more than is now officially recognized by OPEC which means unofficially the country has greater reserves than Saudi Arabia by that current persent.
but investigation & analysis conclude , that there's more oil, a lot more. Palast reports a US Energy Department expert believes Venezuela holds 90% of the world's super-heavy tar oil reserves - an estimated total of 1,360,000,000,000 (1.36 trillion) barrels. Let me restate - 1.36 trillion barrels. That alone is more oil than Mr Hubbert believed 50 years ago lay under the entire planet.
As how it looks U.S.A need's more Venezula & Chavez then any thing else .
Mr Hugo Chavez is ultimate Goal is to permanenty increase full efforts in pushing the National oil company P.D.V.S.A prime oil market to its pick world wide.
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