Essays on Oil Crisis

Main idea of the Paper: This paper mostly reflects on the analysis of how the economy of Venezuela has changed throughout the years, and how its oil dependency became a curse for itself. The political shifts in Venezuela, the irrational economic policies adopted by the...

In the production of oil from subsurface reservoirs, 65% of the oil firstly in vicinity (OIIP), on average, is left in the reservoir after greater oil as feasible has been recovered through natural depletion and with the resource of water flooding. Residual oil and gas...