Tag Archives: Venezuela

House hearing on Venezuela’s collapse March 2017

“The economy of Venezuela is largely based on the petroleum sector and manufacturing. Revenue from petroleum exports accounts for more than 50% of the country’s GDP and roughly 95% of total exports” (wiki). [ This is a summary of the … Continue reading

Posted in Central & South America, Energy Dependence, Mass migrations | Tagged , , , | 4 Comments

Over and under-cooked oil — tar sands, “fracked” tight oil & gas, oil shale

[ This article discusses why it’s so hard and expensive to extract difficult oils like tar sands, oil shale, and tight “fracked” oil, for reasons such as: These are at the bottom of the resource pyramid, so there may be … Continue reading

Posted in Oil & Gas Fracked, Oil (Tar) Sands, Oil Shale | Tagged , , , , , , | 2 Comments

Venezuela collapse: looting, hunger, blackouts

[ 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 … Continue reading

Posted in Central & South America, Social Disorder | Tagged , | 1 Comment

North Korea: what happens to a country when the oil is cut off?

[ Related posts: Book review of “In order to live: A North Korean girl’s journey to freedom” by Yeonmi Park Inside North Korea’s Environmental Collapse Who Lives, Who dies in a never-ending energy crisis. Book review of Nothing to Envy. … Continue reading

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