OIl Era – Summaries of news and views OnVenezuela https://onvenezuela.com Wed, 22 Apr 2020 14:52:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://onvenezuela.com/wp-content/uploads/2020/01/cropped-Screen-Shot-2019-12-20-at-12.31.03-PM-1-32x32.png OIl Era – Summaries of news and views OnVenezuela https://onvenezuela.com 32 32 The End of the Oil Era https://onvenezuela.com/the-end-of-the-oil-era/?utm_source=rss&utm_medium=rss&utm_campaign=the-end-of-the-oil-era Wed, 22 Apr 2020 14:52:50 +0000 https://onvenezuela.com/?p=2802

Yesterday, Venezuela entered the post-petroleum era. With oil prices for May delivery falling sharply below zero, the country faced the prospect of life without any oil revenue for the first time in over 100 years. Venezuela without oil money is not the Venezuela any of us know. It’s an epochal change.  By Francisco Toro. Full text- -> Caracas Chronicles

]]>