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What accounts for nearly half of Venezuela income?
Venezuela is an oil producing country; one of the largest in the world. Nearly half of Venezuelan incomes come from oil.
What country is wealthier Venezuela or Argentina?
Venezuela has oil wealth.
Where does Venezuela get its oil?
Venezuela gets its oil from itself. Its a major oil producing country. It gets its oil from the earth. Some theories are that the earth uses biomaterials (old leaves or dinosaur bones or something) and then it gets pressed together by rocks and stuff and that makes oil. Another theory is just that it comes out of the center of the earth.
Which Latin American country is known for producing the most oil?
Venezuela qualifies as such. Its production for 2013 was 3.02 million oil barrels per day, qualifying as the 9th largest producer in the world.
What country is a major producer of oil in South America?
Venezuela bihhh (;
What south American country is rich in oil?
Venezuela
Which country has the most oil reserves in the Americas?
Venezuela.
What is an oil rich South American country?
Venezuela is an oil-rich South American country with one of the largest oil reserves in the world. Oil exports have historically played a major role in the country's economy and government revenues.
What is Venezuela world leader producing minerals?
what is Venezuela world leader producing mineral
What Latin American country has the largest oil resources?
Venezuela
What country in South America produces the most oil?
Venezuela.
In which country the world's biggest oil refinery is located?
Venezuela.
