Venezuela's Oil Crisis and the Future After Maduro
Venezuela is home to the largest proven oil reserves in the world—around 303 billion barrels. For decades, this wealth made it a key player in the oil industry. However, a series of political upheavals and economic mismanagement over the last twenty...
January 10, 2026
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January 10, 2026
Venezuela's Oil Crisis and the Future After Maduro
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Darren Monroe Politics Episodes Around January 10, 2026
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Summary
Venezuela is home to the largest proven oil reserves in the world—around 303 billion barrels. For decades, this wealth made it a key player in the oil industry. However, a series of political upheavals and economic mismanagement over the last twenty years have led to a staggering decline in oil production. In the late 1990s, Venezuela was pumping out over 3 million barrels per day; today, that number has dropped to a mere 500,000 barrels. How did we get here? Well, the road includes nationalization, corruption, and now, intervention.<br /><br />Become a supporter of this podcast: <a href="https://www.spreaker.com/podcast/conspiracy-theories-exploring-the-unseen--5194379/support?utm_source=rss&utm_medium=rss&utm_campaign=rss">https://www.spreaker.com/podcast/conspiracy-theories-exploring-the-unseen--5194379/support</a>.
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