Venezuela's oil reserves for the year 2015 reached 300,878
million barrels, the largest in the world and above those in Saudi Arabia,
which for the same year had 266,455 million barrels. The table below shows the
reserves of other countries of OPEC, Mexico and the world's great powers, the
United States, Russia and China, which allow a better comparison and
understanding of the global energy situation.
World Oil reserves 2015
Millions of barrels
Venezuela 300,878
Saudi Arabia 266,455
Iran 158,400
Iraq 142,503
Kuwait 101,500
Russia 80,000
United States 36,385
United States 36,385
China 25,000
Mexico 9,700
Source: OPEC Annual Statistical Bulletin 2016, table 3.1.
Page 22
Despite having such immense wealth in its subsoil, Venezuela
today suffers the greatest economic and social crisis with unbelievable figures
of poverty, lack of food, medicines, serious failures in basic health services,
water, electricity and with the highest rate of crimes, inflation and
devaluation of its currency.
How is this possible?
That is the big question.
Could this picture of poverty and social crisis be reversed?
Here's a proposal:
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