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Venezuela Oil Exports to US Drop

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Venezuela's oil exports to US drop 12% month on month as production falls.

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And again Venezuela's crude oil sales to the US fell for a second month in a row in December, for a 2017 average of 593,047 bpd. This is the lowest annual level since 1991.

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And yet they are trying to issue a cryptocurrency backed by oil. Backed by WHAT oil? Soon there won't be any.

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I can't decide if Maduro's grasping at straws, whether he's delusional, or whether he's just doing things for show. This is really a nonstarter.

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