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Vol. I · No. 34 Texas Edition
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Venezuela's claim of having 300 billion barrels of reserve oil is 'smoke and mirrors,' expert says

By Associated Press 3 views 0 comments
Venezuela's claim of having 300 billion barrels of reserve oil is 'smoke and mirrors,' expert says
Image: Associated Press

Venezuela reports the world’s largest proven oil reserves, but experts say the figure rests on overly optimistic assumptions about how much of its underground oil can be recovered. (AP video: Juan Arraez)

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