Tag Archives: PDVSA

2.08

Posted on April 26, 2012 by

It’s a good thing we have Setty to remind us. Otherwise, some of us might forget to flip through PDVSA’s always revealing yet seldom well pondered Annual Report. This year, I want to pull just one number out of the … Continue reading →

Posted in Constitution, Corruption, Oil | Tagged | 46 Comments

Good News, Everyone!

Posted on September 5, 2011 by

Venezuela hosts one of the world’s largest gold mines, and we know it’s going to be developed now because the concession is in the capable hands of: Dot Culver-Lemon Ramon Torres Inversora Mael PlacerDome Vanessa Ventures Gold Reserve Crystallex Rusoro … Continue reading →

Posted in The Economy | Tagged , | 27 Comments

Annals of Goal Post Locomotion

Posted on July 26, 2011 by

In 2008, PDVSA said they planned to produce 5.8 million barrels per day by 2012. In 2009, it was 4.9 million b/d by 2013. In 2010, they pledged 4.46 million b/d in production by 2015. Now they’re saying they’ll get to 4 … Continue reading →

Posted in Oil | Tagged | 7 Comments

The Hot Air Feedback Loop

Posted on May 25, 2011 by

So far, so yawn. In response to the U.S.’s Cotton Candy Sanctions against PDVSA (they look like they’re there, but the second you try to sink your teeth into them, they sort of dissolve into air), we’re getting the standard … Continue reading →

Posted in Chavismo, International, Oil | Tagged , , | 16 Comments