7 years ago
Oil-rich Venezuela is experiencing crippling gas shortages
Venezuela, the country with the largest crude oil reserves on the planet, is currently facing a crippling gas shortage — just the latest shortage of everyday necessities to affect the economically beleaguered nation. According to Deutsche Welle, getting gas hasn’t usually been a problem in Venezuela’s capitol city of Caracas, but the country’s main domestic producer — state-controlled company Petróleos de Venezuela S.A. — is struggling with distribution, and a backlog of payment delays to suppliers has caused a massive slowdown.
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