Venezuelan energy
This paper reports that because military and political instability in the Persian Gulf makes the United States vulnerable to oil supply disruptions, a 1991 Department of Energy report encourages diversification of U.S. oil sources and greater reliance on imports from countries outside the Gulf, such as Venezuela. GAO's report, also published in Spanish, discusses recent increases in Venezuelan oil production and the main factors affecting continued increases through 1996, assesses recent investment reforms in the Venezuelan petroleum industry and U.S. petroleum companies' response to these reforms, identifies the major impediments and inducements to U.S. investment in Venezuela's petroleum industry, and reviews U.S. government efforts to support Venezuela's energy sector.
- Research Organization:
- General Accounting Office, Washington, DC (United States). National Security and International Affairs Div.
- OSTI ID:
- 5483778
- Report Number(s):
- GAO/NSIAD-92-73
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
290201* -- Energy Planning & Policy-- Economics-- (1992-)
294002 -- Energy Planning & Policy-- Petroleum
ARABIAN SEA
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
ENERGY SOURCES
ENERGY SUPPLIES
FOSSIL FUELS
FUELS
IMPORTS
INDIAN OCEAN
INDUSTRY
INVESTMENT
LATIN AMERICA
NATIONAL ORGANIZATIONS
NORTH AMERICA
PERSIAN GULF
PETROLEUM
PETROLEUM INDUSTRY
PRODUCTION
SEAS
SOUTH AMERICA
SURFACE WATERS
US DOE
US ORGANIZATIONS
USA
VENEZUELA