Research Outline

Here is an outline of my research on Venezuelan Oil- please feel free to comment with any questions/suggestions!

(**Note: I will be posting more research with references pertaining to my outline later in the day.)

Venezuela's History of Oil and Role in the Global Market

_Venezuela's history of oil

-Economic dependence

-Other industries of past/present importance to Venezuela and how they have been affected by the oil industry

-Nationalization of oil

-Rents on concession

_OPEC

-Importance

-Past/present roles of Venezuela

-Juan Pablo Perez Alfonso and the Texas Railroad Commission (TRC)

_Petroleos de Venezuela Sociedad Anonima (PDVSA)

-Role in Venezuela

-Global importance

_President Hugo Chavez

-Influence on the Venezuelan oil industry

-Support and opposition

_Present and Future Role in Global Oil Market

-Future key players

-Current relations with China and India

-Remaining reserves