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Oil Effect Economy

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... difficult to Chavez to attract investment in other parts of the economy, in addition to oil. The non-oil sector also actions of the world economy, the Gulf economy and oil prices during and after the war. $124 billion in 2002. Thus, the largest factor influencing Venezuela's economy is world oil demand and oil prices. Like diversify its economy, Venezuela's economy took a beating until oil prices began to climb again in 1987. 2003. However, to fix the Venezuelan economy Chavez has to resurrect both the oil and non-oil sectors of the economy. ...



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Sources list for OIL EFFECT ECONOMY:

Leeb, Stephen and Leeb, Donna. (2004). The Oil Factor: How Oil Controls the Economy and Your Financial Future. Warner Business Books.
Oil Stock Market

Cooper, James C. and Madigan, Kathleen "How Costly Oil Will Test the Economy." Business Week 8 Nov. 2004: 3907
Oil Prices and the U.S. Economy

Emerson, Jo Ann. "Oil for the Rural Economy." June 5 2004; pp. http://www.house.gov/apps/list/hearing/ mo08_emerson/col_040605ruraleconomy.html Emerson, Jo Ann. "Oil for the Rural Economy." June 5 2004; pp. http://www.house.gov/apps/list/hearing/ mo08_emerson/col_040605ruraleconomy.html
Fueling the Economy

Bartis, J. T. (2003). Iraqi Oil and the Global Economy. Albany Times-Union.
Gasoline Prices and the Economy

Block, Melissa; Norris, Michele. "Analysis: Impact of higher oil prices throughout the economy." All Things Considered: National Public Radio, NPR. 4/7/2005; pp.
Fueling the Economy

 

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