Quote Originally Posted by Tribesman View Post
Wow thats amazing , an Opec country that is always pushing for a reduction in production of oil is producing less oil than it was in the late 1990s blah blah blah
Nope, today's OPEC production levels are about the same as 1998. Not Venezuela, though.

And maybe he's pushing for quota reductions because he can't even reach his own.

Considering that selling oil to the US supports the entire country, I don't think Chavez'd be pumping ~1,000,000 bbl/day less than the quota by choice.

But maybe the article and all the reports about the struggling Venezuelan oil industry are wrong.

CR