Submitted by latinometrics t3_111id9t in dataisbeautiful
Dogrel t1_j8fwemg wrote
Reply to comment by AquaNeutral_ in [OC] New Mexico Now Produces More Oil Than Mexico & Venezuela by latinometrics
Hugo Chavez decided to nationalize the entire Venezuelan oil industry, so the affected oil companies got all of their own employees out of country while they still could.
NoWayNotThisAgain t1_j8gsm7o wrote
They were nationalized in 1968. What Chavez did was get rid of engineers and put his friends and family in charge.
GlossedAllOver t1_j8h9qrq wrote
Hate seeing Western propaganda here.
Putting his brother, Doofus Chavez, in charge demonstrated that the People's Will triumphs over the supposed need of experience and middle school education.
[deleted] t1_j8hp6jz wrote
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AdamsFei t1_j8hyb7o wrote
So the drop in production is also western propaganda?
GlossedAllOver t1_j8j4pnq wrote
Absolutely. Doofus Chavez has personally guaranteed that production is higher.
Kebo94 t1_j8gz3in wrote
More like there was a massive general strike and oil production stopped due to the strike. In the aftermath Chavez fired 40% of the work force of PDVSA.
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