Crude Nation

How Oil Riches Ruined Venezuela

Business & Finance, Economics, International Economics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions, International
Cover of the book Crude Nation by Raúl Gallegos, Potomac Books
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Raúl Gallegos ISBN: 9781612348575
Publisher: Potomac Books Publication: October 1, 2016
Imprint: Potomac Books Language: English
Author: Raúl Gallegos
ISBN: 9781612348575
Publisher: Potomac Books
Publication: October 1, 2016
Imprint: Potomac Books
Language: English

Beneath Venezuelan soil lies an ocean of crude—the world’s largest reserves—an oil patch that shaped the nature of the global energy business. Unfortunately, a dysfunctional anti-American, leftist government controls this vast resource and has used its wealth to foster voter support, ultimately wreaking economic havoc.

Crude Nation reveals the ways in which this mismanagement has led to Venezuela’s economic ruin and turned the country into a cautionary tale for the world. Raúl Gallegos, a former Caracas-based oil correspondent, paints a picture both vivid and analytical of the country’s economic decline, the government’s foolhardy economic policies, and the wrecked lives of Venezuelans.

Without transparency, the Venezuelan government uses oil money to subsidize life for its citizens in myriad unsustainable ways, while regulating nearly every aspect of day-to-day existence in Venezuela. This has created a paradox in which citizens can fill up the tanks of their SUVs for less than one American dollar while simultaneously enduring nationwide shortages of staples such as milk, sugar, and toilet paper. Gallegos’s insightful analysis shows how mismanagement has ruined Venezuela again and again over the past century and lays out how Venezuelans can begin to fix their country, a nation that can play an important role in the global energy industry.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Beneath Venezuelan soil lies an ocean of crude—the world’s largest reserves—an oil patch that shaped the nature of the global energy business. Unfortunately, a dysfunctional anti-American, leftist government controls this vast resource and has used its wealth to foster voter support, ultimately wreaking economic havoc.

Crude Nation reveals the ways in which this mismanagement has led to Venezuela’s economic ruin and turned the country into a cautionary tale for the world. Raúl Gallegos, a former Caracas-based oil correspondent, paints a picture both vivid and analytical of the country’s economic decline, the government’s foolhardy economic policies, and the wrecked lives of Venezuelans.

Without transparency, the Venezuelan government uses oil money to subsidize life for its citizens in myriad unsustainable ways, while regulating nearly every aspect of day-to-day existence in Venezuela. This has created a paradox in which citizens can fill up the tanks of their SUVs for less than one American dollar while simultaneously enduring nationwide shortages of staples such as milk, sugar, and toilet paper. Gallegos’s insightful analysis shows how mismanagement has ruined Venezuela again and again over the past century and lays out how Venezuelans can begin to fix their country, a nation that can play an important role in the global energy industry.

More books from Potomac Books

Cover of the book Defiant Superpower by Raúl Gallegos
Cover of the book The Pearl Harbor Myth by Raúl Gallegos
Cover of the book Liberty's Fallen Generals: Leadership and Sacrifice in the American War of Independence by Raúl Gallegos
Cover of the book Lethal Logic: Exploding the Myths That Paralyze American Gun Policy by Raúl Gallegos
Cover of the book God's Samurai by Raúl Gallegos
Cover of the book Making Sense of Proxy Wars by Raúl Gallegos
Cover of the book Washington DC's Most Wanted™ by Raúl Gallegos
Cover of the book Basketball's Most Wanted™ II by Raúl Gallegos
Cover of the book Not a Choice, Not a Job by Raúl Gallegos
Cover of the book The Olympic's Most Wanted™: The Top 10 Book of the Olympics' Gold Medal Gaffes, Improbable Triumphs, and Other Oddities by Raúl Gallegos
Cover of the book Between Flesh and Steel by Raúl Gallegos
Cover of the book "Wildcats" Over Casablanca by Raúl Gallegos
Cover of the book Grave injustice by Raúl Gallegos
Cover of the book Etched in Purple by Raúl Gallegos
Cover of the book Courage and Fear by Raúl Gallegos
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy