TSX:PWT - Post Discussion
Post by
makedonka on Jun 14, 2017 4:38pm
Cuba Scrambles As Venezuela’s Oil Industry Collapses
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As Venezuela’s oil industry goes down it flames, it’s looking like it may just take Cuba down with it. Venezuela, once the crude powerhouse of South and Central America, is no longer able to produce enough oil to sustain its own economy, much less those of other countries. Cuba is frantically drilling in search for new reserves and reaching out for new suppliers, but there is no guarantee they’ll be able to stabilize their oil income any time soon." https://oilprice.com/Energy/Crude-Oil/Cuba-Scrambles-As-Venezuelas-Oil-Industry-Collapses.html
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