What you need to know about Venezuelan Oil… @PaulHBeckwith
What you need to know about Venezuelan Oil…  @PaulHBeckwith
Uploaded January 2026 | Updated September 2026, 2 weeks ago
What you need to know about Venezuelan Oil?

What is the big deal with Venezuelan oil?

Here are some key facts that may surprise you:

1) Venezuela has the world’s largest oil reserves (larger than Saudi Arabia)

2) Venezuela produces relatively little oil (only about 5% of US production)

3) Venezuela has an extremely large reserves-to-production ratio (highest by far in the world, over 1500 years: US is only about 11 years)

4) Venezuela produces much less oil than it did in the past (production in the near past was over 3x higher than today)

5) Much of US crude oil production is light, while many refineries still rely on heavier crude oil (many US refineries on the Gulf Coast are tooled for heavy oil, Venezuela oil is at tidewater, as opposed to landlocked Alberta oil)

I delve into the details on these facts.

I rely heavily on Hannah Ritchie's email pulling data from theenergyinstitute.org report titled "Statistical Review of World Energy".

Links:

Hannah Ritchie "By the Numbers" blog and motivation
hannahritchie.substack.com/about?utm_source=subscribe_email&utm_content=learn_more

Energy Institute home page: energyinst.org/statistical-review/home

You can download the actual report, and or the data used, by providing your email to the homepage above.

Happy New Year to you and yours...

From my friend Heidi:
Hello! I wanted to share something important with you. Paul Beckwith is doing incredible work to educate people about climate change and extreme weather, but he needs our support to continue this vital mission. Every donation, no matter the size, can make a difference in helping him reach more communities. Please consider clicking the link below to donate or share it with others who care about our planet. Thank you!

Year end - Year start GoFundMe: https://www.gofundme.com/f/help-paul-...

Please donate to PaulBeckwith.net to support my research and videos connecting the dots on abrupt climate system mayhem.

Please subscribe to my YouTube channel. As well as my website, and YouTube, you can find me on Patreon, Facebook, Twitter/X, LinkedIn, Instagram, Reddit (multiple climate channels within), Quora, TikTok, Discord, Mastodon, Twitch, Vimeo, Bluesky, TruthSocial, Threads, Substack, Tumblr, Pinterest, etc...
What you need to know about Venezuelan Oil…Low-flying Helicopter Hovering over Birch Island on Sand Lake near Elgin, OntarioCLIMATE TRACE: Track Emissions, PM2.5 Particulates and the Worlds Worst Polluters from your armchairUpdate on James Hansen’s Work and Sophie’s Planet BookMIG17 at the Gatineau-Ottawa AirshowNanoplastic in the Oceans and inside the Human BrainSubpolar Gyre Branch of AMOC Ocean Circulation System may be on the Verge of CollapseRecent Polar Vortex Splitting, Displacement, and Elongation is Driving Our Bizarre WeatherJet Stream Weirdness: Detailed Overview on the Latest Science and EffectsWhy Roman Concrete is Self-Healing and Lasts 2,000 Years while our Crappy Shite Lasts Only DecadesFirst Emergence of Unprecedented Global Water Scarcity in Anthropocene: Megacity Tehran Under ThreatContinual Cascading Consequences from Chaotic Climate Catastrophes in our Climate Casino
Paul Beckwith |

What you need to know about Venezuelan Oil…

SHARE TO X SHARE TO REDDIT SHARE TO FACEBOOK WALLPAPER