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Oil is important to Venezuela, because it is most of Venezuela's economy.

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Q: Why does Venezuela have so much oil?
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Related questions

What are the causes of oil pollution in Venezuela?

Causes of oil pollution in Venezuela are oil spills and they are a major producer of oil so that causes a lot of oil pollution


What are causes of oil pollution in Venezuela?

Causes of oil pollution in Venezuela are oil spills and they are a major producer of oil so that causes a lot of oil pollution


How much fuel is produced in Venezuela?

Venezuela is having problems with oil production in 2017.


Why is Venezuela so poor if they have so much oil?

Like most countries, wealth is not distributed evenly. There have been a lot of social and political problems in Venezuela, including corruption, but that has improved.


How much oil Venezuela produces?

Venezuela is one of the largest producers and exporters of oil and ranked as the 3rd in the year 2013. They produce about 2.5 million barrels of oil per day.


Are much of South America's oil found in Venezuela?

because of reasons


Is Venezuela an oil producing country?

Yes. Venezuela is an oil producing country. In fact, oil related pollution is an environmental concern in Venezuela.


What country is wealthier Venezuela or Argentina?

Venezuela has oil wealth.


How does Venezuela get their wealth?

Venezuela is a sovereign country in South America. It is one of the most urbanized countries in the region and worlds largest exporter of oil ahead of Saudi Arabia. Much of its revenue is generated by oil exports.


What do Mexico and Venezuela?

Oil is the answer.


What kind of imports does Venezuela have?

Venezuela imports raw materials, machinery and equipment, transport equipment, construction material.


What country is a major producer of oil in South America?

Venezuela bihhh (;