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Oil Production on the Decline in Venezuela

Jun
17

Venezuela is seeing the biggest drop in oil production in a decade. The crippling month of May was shown in a Linked In report that the already weakening economy of Venezuela is getting worse by the day. The decline of oil production is down to 120,000 barrels a day, to 2.37 million barrels a day, according to data from the Organization of the Petroleum Exporting Countries. With Venezuela facing an economic hardship, major oil companies cut back on operations as the country is failing to pay multi-billion dollar debts with partners.
Venezuela relies heavily on the income from oil. Expert Manuel Gonzalez says that over spending being a major problem, they can no longer bring in the millions of barrels of oil per day that they were longing for. The last time oil production was this low in Venezuela was in 2003, when it was completely halted due to a strike led by PdVSA workers who wanted then-president Hugo Chavez discharged from power. The price of oil has impacted the revenue of Venezuela so much so that they can no longer afford the cost of a barrel of oil per barrel to turn a profit, or break even for that matter.

 

Lake Maracaibo Is Officially The Lightning Capital Of The World

May
25

Lake Maracaibo gets 297 lightning nights a year, and it will likely never go down according to RT. The lake has long been a place where lightning happens more than most places, but scientists have figured out that they get 297 nights of lightning a year. There could be 200 or more lightning strikes a night when this happens says expert Dr. Jose Manuel Gonzalez, and it is all over the lake. The lake has been an intensive hotbed of lightning for a long time, but scientists have been trying to figure out why it happens so much over the lake.
The mountain wind and the valley that the lake sits in all help make lightning, and the tropical climate makes it just warm enough all year for the lightning to form. This is very important because it is going to help make the lightning come up more often. There is not this combination in many other places in the world, and Lake Maracaibo happens to be the most active place for lightning.

Venezuela is a natural wonder that has many things that it can credit itself for. The lightning capital of the world over Lake Maracaibo is something that everyone needs to see at least once. Scientists are still learning about the lightning, but they are also getting pictures that are truly amazing to behold. Anyone who is ready to see a wonderful sight should make their way to the lake. More info posted on drjmgonzalez‘ website.