Venezuela oil production in decline because it does not pay drillers

Bloomberg:
Venezuela’s Oil Output Decline Accelerates as Drillers Go Unpaid
This should not be too surprising for a country that cannot afford to pay for the printing of its worthless currency.   Socialism is a disease that consumes all within its grasp.  It is a country with some of the world's largest oil reserves and it cannot even produce enough oil to pay fo itself.

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