[ Venezuela is experiencing a double whammy of drought and low oil prices, which has lead to blackouts and inability to import food. It just keeps getting worse and worse. Related posts:
- Book review of “In order to live: A North Korean girl’s journey to freedom” by Yeonmi Park
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Alice Friedemann www.energyskeptic.com author of “When Trucks Stop Running: Energy and the Future of Transportation”, 2015, Springer and “Crunch! Whole Grain Artisan Chips and Crackers”. Podcasts: Derrick Jensen, Practical Prepping, KunstlerCast 253, KunstlerCast278, Peak Prosperity , XX2 report ]
2017-10-22 Oil Quality Issues Could Bankrupt Venezuela. The next few weeks for Venezuela will be crucial, as it struggles to meet a huge stack of debt payments. Reports that the nation’s oil production is experiencing deteriorating quality raises a new cause for concern for the crumbling South American nation.Reuters reported that its oil shipments are “soiled with high levels of water, salt or metals that can cause problems for refineries”, which has led to $200 million in cancellations of oil contracts, making Venezuela even less able to make debt payments, since oil is the only source of revenue barely keeping the nation afloat. Many experienced oil workers have fled the country to find food and escape violence. Because of these problems, and Trump imposed sanctions, U.S. imports have dropped from roughly 700,000 barrels per day to 250,000 bpd.
2017-5-2 Venezuela Is Heading for a Soviet-Style Collapse. A few lessons from the last time an oil economy crashed catastrophically
2017-2-27 ASPO Peak Oil Review: A new survey shows that 75% of Venezuelans may have lost an average of 19 pounds in the last year as widespread food shortages continue. Nearly a third of the population are now eating two meals a day or less. The survey also shows that the average shopper spends 35 hours a month waiting in line to buy food and other necessities. A sense of hopelessness has engulfed the country, and most no longer have an incentive or the strength to protest against the government and its policies as was happening two years ago. Government roundups of opposition politicians continue. Venezuela is clearly well on its way to becoming a failed state.
2016-11-1 Venezuela is telling hungry city dwellers to grow their own food. Washington Post
Sabrina Martín. April 27, 2016. Looting On the Rise As Venezuela Runs Out of Food, Electricity. PanAmPost.
Food Producers Alert They Have Only 15 Days Left of Inventory amid Rampant Inflation
“Despair and violence is taking over Venezuela. The economic crisis sweeping the nation means people have to withstand widespread shortages of staple products, medicine, and food. So when the Maduro administration began rationing electricity this week, leaving entire cities in the dark for up to 4 hours every day, discontent gave way to social unrest.
On April 26, people took to the streets in three Venezuelan states, looting stores to find food.
Maracaibo, in the western state of Zulia, is the epicenter of thefts: on Tuesday alone, Venezuelans raided pharmacies, shopping malls, supermarkets, and even trucks with food in seven different areas of the city.
Although at least nine people were arrested, and 2,000 security officers were deployed in the state, Zulia’s Secretary of Government Giovanny Villalobos asked citizens not to leave their homes. “There are violent people out there that can harm you,” he warned.
In Caracas, the Venezuelan capital, citizens reported looting in at least three areas of the city. Twitter users reported that thefts occurred throughout the night in the industrial zone of La California, Campo Rico, and Buena Vista. The same happened in Carabobo, a state in central Venezuela.
Supermarkets employees from Valencia told the PanAm Post that besides no longer receiving the same amount of food as before, they must deal with angry Venezuelans who come to the stores only to find out there’s little to buy.
Purchases in supermarkets are rationed through a fingerprint system that does not allow Venezuelans to acquire the same regulated food for two weeks.
Due to the country’s mangled economy, millions must stand in long lines for hours just to purchase basic products, which many resell for extra income as the country’s minimum wage is far from enough to cover a family’s needs.
On Wednesday, the Venezuelan Chamber of Food (Cavidea) said in a statement that most companies only have 15 days worth of stocked food.
According to the union, the production of food will continue to dwindle because raw materials as well as local and foreign inputs are depleted.
In the statement, Cavidea reported that they are 300 days overdue on payments to suppliers and it’s been 200 days since the national government last authorized the purchase of dollars under the foreign currency control system.
The latest Survey of Living Conditions (Encovi) showed that more than 3 million Venezuelans eat only twice a day or less. The rampart inflation and low wages make it increasingly more difficult for people to afford food.
“Fruits and vegetables have disappeared from shopping lists. What you buy is what fills your stomach more: 40 percent of the basic groceries is made up of corn flour, rice, pasta, and fat”.
But not even that incomplete diet Venezuelans can live on because those food products are hard to come by. Since their prices are controlled by the government, they are scarce and more people demand them.
The survey also notes the rise of diseases such as gastritis, with an increase of 25 percent in 2015, followed by poisoning (24.11 percent), parasites (17.86 percent), and bacteria (10.71 percent).
The results of this study are consistent with the testimony of Venezuelan women, who told the PanAm Post that because “everything is so expensive” that they prefer to eat twice a day and leave lunch for their children. That way they can make do with the little portions they can afford.”