Maduro's Plan to Rebuild Venezuela's Oil Industry

The video discusses the challenges faced by Venezuela in the oil industry, focusing on the lack of investment and the impact of international sanctions. It highlights the country's efforts to recover oil production despite these challenges, emphasizing the need for substantial investment to reach higher production levels. The narrative counters the blame placed on Venezuela's leadership by pointing out external factors like blockades and financial restrictions.

What major obstacle has Venezuela faced in securing investment for its oil industry?

• Environmental regulations

• International financial blockade

• High production costs

• Lack of skilled workers

How long did Venezuela go without selling oil due to the blockade?

• 18 months

• 6 months

• 10 months

• 14 months

What is a key factor in Venezuela's recovery of oil production despite sanctions?

• International aid

• Technological advancements

• Efforts of oil industry workers

• Reduction in global oil prices

What is the estimated cost to increase Venezuela's oil production to 5 million barrels a day?

• $40 billion

• $30 billion

• $20 billion

• $10 billion

What advantage does Venezuela have in recovering its oil infrastructure?

• Abundant natural resources

• Quick recovery capability

• Advanced technology

• Support from neighboring countries