Jul 052025
 

Flag of Venezuela

Venezuela celebrates Independence Day. Spain gave up control of the country in 1821. Located in northern South America, Venezuela is about twice the size of California. It has a tropical climate, and petroleum provides a major portion of its economy. About 28.5 million people live in the country, and most of the cities are located along the Caribbean coastline. Caracas is the capital. Over eight million people live in Venezuela.

Sep 142025
 
Oil Well

Oil Well

OPEC (Organization of the Petroleum Exporting Countries) was established in 1960. The goal of OPEC is to establish systems to stabilize oil prices and output of its members. The twelve members are: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela.