No. of Recommendations: 4
"Rafael Ramírez, who was president of PDVSA from 2004 to 2014, and energy minister from 2002 to 2014, said that the deal reached with Washington represented “the greatest looting in our country’s history”.So he's a Chavista. Good for him, and I wouldn't expect a high ranking official from the old regime to say anything different about it. Communists gonna Communist after all.
How did this guy's energy policies work out for the Venezuelan people? Let's go to the socialist videotape:
statbase.org - Ven oil productionIn 2002 when this guy started they pumped ~2.7M barrels/day.
When he left in 2014 they were pumping 2.6M a day. Less than zero growth. Well done.
It fell off a cliff after that and now they only pump around 1/3rd of that.
Socialism. It sucks. Always has, always will.
