Helping America Navigate a New Energy Reality

Quote – 2 March 2015

By on 2 Mar 2015 in quotes

“The fiscal position of Venezuela will suffer the most from the decline in world oil prices, as its public sector derives a large share of its fiscal revenues from oil exports. In addition, the domestic price of gasoline is expected to remain close to zero, which virtually eliminates any potential revenues from domestic sales.”

The International Monetary Fund

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