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World Oil Demand and the Effect on Oil Prices

Description: Demand patterns for world oil and oil products show significant diversity by country, region, and product groupings. As a result of this diversity it is not possible to attach blame for the current level of price to any one nation, region, or product segment. The view that the oil market is international in scope and tightly interrelated is enhanced by the demand data. As a result of the integrated nature of the world oil market it is unlikely that any one nation acting on its own can implement… more
Date: August 18, 2004
Creator: Pirog, Robert L.
open access

Venezuela: Background and U.S. Relations

Description: This report examines the political and economic situation in Venezuela and U.S.-Venezuelan relations. It is divided into three main sections -- political background, current political and economic environment, U.S. relations and policy -- and also includes introductory and outlook information.
Date: August 22, 2016
Creator: Sullivan, Mark P.
open access

Venezuela: Issues for Congress

Description: This report discusses the current Congressional issues in relation to Venezuela, including background on the political situation and recent developments, the economic conditions, relevant U.S. policies, and the legislative initiatives in the 111th and 112th Congresses. The United States traditionally has had close relations with Venezuela, a major supplier of foreign oil, but there has been friction in relations under the government of populist President Hugo Chávez. U.S. officials have expres… more
Date: August 30, 2012
Creator: Sullivan, Mark P.
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