The U.S. only has 20 billion barrels of oil in reserve. It seems as though there is no more oil around. Venezuela has 300 billion barrels of oil in reserves. Iraq has, like, 150 billion barrels of oil. Iran, close to 300 billion barrels of reserve. Oil for 200 years, of course.
Venezuela has the biggest oil reserves in the world. And the biggest gas reserves in this hemisphere, the eighth in the world. Venezuela was a U.S. oil colony. All of our oil was going up to the north, and the gas was being used by the U.S. and not by us. Now we are diversifying. Our oil is helping the poor.
Chavez's oil is unimportant for Bolivia... We are not dependent on Venezuela. We complement each other. Venezuela shares its wealth with other countries, but that doesn't make us subordinate.
We Cubans are voting for our new constitution, we're voting for Latin America and the Caribbean. We're also voting for Venezuela, we're defending Venezuela because in Venezuela the continent's dignity is in play.
The two largest oil-producing countries in Latin America, Mexico and Venezuela, sold petroleum to Nicaragua at concessional rates for several years beginning in 1980. The program was curtailed because Nicaragua could not make even reduced payments.
In Venezuela, we have movement for freedom, for democracy, that has taken years and sacrifice to build, and a majority through protests to win elections to align ourselves with the world that recognizes the fight for democracy in Venezuela.
Energy companies, such as Chevron and Shell, and oil producing countries, such as Kuwait and Venezuela, pump crude oil from their vast land holdings and sell it on the world market
Energy companies, such as Chevron and Shell, and oil producing countries, such as Kuwait and Venezuela, pump crude oil from their vast land holdings and sell it on the world market.
Today, the future of Venezuela won and, as we said, we repeat to everyone: there is a path, there is a path for progress, for the future, to make Venezuela a greater country.
I don't spend the whole off-season in Venezuela. I spend a couple of weeks in Cleveland, go to Florida, take my son to Disney World. But I still have my home, and my whole family lives in Venezuela.
Venezuela is supporting tens of thousands of poor families in the United States with heating oil.
Venezuela, with Brazil, Argentina, Paraguay, Uruguay, is a full member of Mercosur. And many other Latin American countries, CARICOM, Bolivia have expressed their support for Venezuela. The Arab League, the full Arab League has voiced its support.
If the United States was mad enough to attack Iran or aggress Venezuela again the price of a barrel of oil could reach $150 or even $200.
Venezuelan interests are to be defended by Venezuela. The U.S. should defend the interests of the U.S. Where are the U.S. people, where are the intellectuals, who could put limits on their government?
He's got lots of money and clearly has grandiose schemes, seeing himself as an important global player. There is a reality to it. Oil is at record prices, and he's willing to spend both in Venezuela and in the region. But the question is, how much influence is he gaining
Were I to stop oil production, we`d have to import it from Iraq and from Caracas, Venezuela or from North Dakota where the environmental standards are much lower, on trains that have already proven themselves unsafe, or by more ships that are causing significant pollution in the world. It`s just really dumb.