The first paragraph says a lot:
“One oil rig was idle for weeks because a single piece of equipment was missing. Another was attacked by armed gangs who made off with all they could carry. Many oil workers say they are paid so little that they barely eat and have to keep watch over one another in case they faint while high up on the rigs.”
The bottom line:
“…Venezuela’s oil production has plummeted to 2.4 million barrels a day, down 350,000 barrels from a year ago. That is nearly a million barrels below what it was in 1998 when Mr. Chávez took power.”
Here is the link:
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