economy

Ángel Montiel: ¿Puede un país exportar petróleo sin tener agua y luz?

Venezuela transita por un cambio marcado por la contradicción. Mientras Venezuela celebra el regreso de la inversión extranjera, el colapso de los servicios básicos amenazan […]

Ángel Montiel: ¿Puede un país exportar petróleo sin tener agua y luz?

TL;DR

  • Venezuela is seeing a return of foreign investment and a new oil boom.
  • Basic services like electricity and water have collapsed, threatening the economic recovery.
  • The new Hydrocarbons Law allows for 100% private capital, but infrastructure is a major obstacle.
  • Frequent blackouts and water shortages are hindering economic progress and basic human dignity.
  • Past oil wealth was mismanaged, funding bureaucracy instead of infrastructure.
  • New private investment must address national infrastructure issues to avoid a repeat of past boom-and-bust cycles.
  • A true oil renaissance requires prioritizing stable electricity and water for citizens.