Venezuela’s Oil Workers Strike

More on the microcosm of Venezuela. And this time the ramifications could directly affect Americans. Pay attention please.

Under what amounts to a military dictatorship in the failing Bolivarian nation, harsh employment controls abound. Some don’t like that, some like oil workers. And they’re striking. That means less oil, less, work, less wages paid, and an even worse economy. This thing feeds itself. And, this could ripple into global oil markets, raising prices for gas even in America.

 

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Picture by Reuters.

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