Submitted by latinometrics t3_111id9t in dataisbeautiful
NotThatZachRoberts t1_j8h6fp4 wrote
Can’t imagine why Venezuela is not producing as much oil. Surely couldn’t be just a simple political reason caused by moronic politics.
cnaughton898 t1_j8hamqg wrote
The state nationalised the oil companies and then didn't actually invest into things like RnD. Started appointing people for political reasons instead of competent engineers.
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