How will the US economy be affected if Venezuelan oil is completely cut off due to Civil War?

How will the US economy be affected if Venezuelan oil is completely cut off due to Civil War?
by

1 Answer

Answer :

Hardly at all. Venzuela’s oil production has been reduced to be barely noticeable outside the Caribbean. And right now there is a glut of oil; every time it sneaks above $55 per bbl there is a huge increase on the world market.
by

Related questions

Would the United States intervene in a Venezuelan Civil War? (Lengthy)

Description : Would the United States intervene in a Venezuelan Civil War? (Lengthy)

Last Answer : No. What happens within a country is the business of that country and no other.

What are the main components of basic social infrastructure of an economy? (1) Education, Industry and Agriculture (2) Education, Health and Civil amenities (3) Transport, Health and Banks (4) Industry, Trade and Transport

Description : What are the main components of basic social infrastructure of an economy? (1) Education, Industry and Agriculture (2) Education, Health and Civil amenities (3) Transport, Health and Banks (4) Industry, Trade and Transport

Last Answer : (2) Education, Health and Civil amenities Explanation: Social infrastructure refers to the facilities and mechanisms that ensure education, health care, community development, income distribution, ... business travel and tourism infrastructure, including both man-made and natural attractions, etc.

What are the main components of basic social infrastructure of an economy ? (1) Education, Industry and Agriculture (2) Education, Health and Civil amenities (3) Transport, Health and Banks (4) Industry, Trade and Transport

Description : What are the main components of basic social infrastructure of an economy ? (1) Education, Industry and Agriculture (2) Education, Health and Civil amenities (3) Transport, Health and Banks (4) Industry, Trade and Transport

Last Answer : Education, Health and Civil amenities

Why are Russian military forces training near Venezuelan coast?

Description : Why are Russian military forces training near Venezuelan coast?

Last Answer : Please post a link.

What is the name of Venezuelan currency ?

Last Answer : The Venezuelan currency is the Bolivar.

What caused Venezuelan crisis in Chavez government?

Description : What caused Venezuelan crisis in Chavez government?

Last Answer : On 2 June 2010, Chavez declared an "economic war" because of the increasing shortages in Venezuela. The crisis intensified undergo Maduro government , growing more severe as a result of low oil prices in early 2015, and a drop in Venezuela's oil production from lack of innovation and investment.

What caused Venezuelan crisis?

Description : What caused Venezuelan crisis?

Last Answer : Every country goes through crisis once in a while. This could happen for various reasons. Usually I can say it happens because of political reasons. Like in the case of venezuela, it was all started ... of that country. This crisis would have been avoided if only politics were put away from the oil.

What happens to the southern economy as a result of the civil war?

Description : What happens to the southern economy as a result of the civil war?

Last Answer : The American Civil War, widely known in the United States assimply the Civil War and established a naval blockade that crippledthe southern economy.

What happens to the southern economy as a result of the civil war?

Description : What happens to the southern economy as a result of the civil war?

Last Answer : The American Civil War, widely known in the United States assimply the Civil War and established a naval blockade that crippledthe southern economy.

Which statement least describes the state of the economy after the civil war?

Description : Which statement least describes the state of the economy after the civil war?

Last Answer : The economy was strong throughout the Gilded Age.

Before the civil war, the south’s economy relied heavily on slave labor. After the civil war ended slavery slave labor was mostly replaced by?

Description : Before the civil war, the south’s economy relied heavily on slave labor. After the civil war ended slavery slave labor was mostly replaced by?

Last Answer : The slaves were free, but not free. The south was in ruins at the end of the war, but the former slaves really had no place to go so they stayed where they were for the most part. Sharecroppers ... and they could barely make a living. Jim Crow laws saw to it that segregation was a part of life.

Describe three positive effects the Civil War had on the economy of Texas.?

Description : Describe three positive effects the Civil War had on the economy of Texas.?

Last Answer : ppppp

motion that seeks to reduce the amount of demand presented by government to Re. 1 /is known as - (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

Description : motion that seeks to reduce the amount of demand presented by government to Re. 1 /is known as - (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

Last Answer : (1) Disapproval of policy Cut Explanation: Disapproval of Policy Cut seeks to reduce the amount of the demand be reduced to Re.1/-' representing disapproval of the policy underlying the demand. A ... points mentioned in the notice and it shall be open to members to advocate an alternative policy.

A motion that seeks to reduce the amount of demand presented by government to Re. 1/is known as (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

Description : A motion that seeks to reduce the amount of demand presented by government to Re. 1/is known as (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

Last Answer : Disapproval of policy Cut

Is there a site which follows the economy and oil trends in plain english?

Description : Is there a site which follows the economy and oil trends in plain english?

Last Answer : haha thats a funny question, but go to an economics site that translates things for you, or if u are looking at stocks, just get the widget (if you have a mac) on the apple website, and it is self-explanatory.

Minimum thickness of a layer of fine sand required to cut off capillary rise of water completely, should be (A) 40 cm(B) 52 cm (C) 64 cm (D) 76 cm

Description : Minimum thickness of a layer of fine sand required to cut off capillary rise of water completely, should be (A) 40 cm (B) 52 cm (C) 64 cm (D) 76 cm

Last Answer : Answer: Option D

Paraellel economy emerges due to - (1) Tax Avoidance (2) Tax Evasion (3) Tax Compliance (4) Tax Estimation

Description : Paraellel economy emerges due to - (1) Tax Avoidance (2) Tax Evasion (3) Tax Compliance (4) Tax Estimation

Last Answer : (2) Tax Evasion Explanation: Parallel economy (black economy) indicates the functioning of an unsanctioned sector in the economy whose objectives run parallel with the social objectives. Major ... that income from illegal activities that is not reported to the government for tax purposes.

Paraellel economy emerges due to (1) Tax Avoidance (2) Tax Evasion (3) Tax Compliance (4) Tax Estimation

Description : Paraellel economy emerges due to (1) Tax Avoidance (2) Tax Evasion (3) Tax Compliance (4) Tax Estimation 

Last Answer : Tax Evasion

What's up with the US economy?

Description : What's up with the US economy?

Last Answer : Not sure about another depression. I think lately it is more due to the foreclosures of homes. 90% are foreclosures in one northern California town. And 60% are Sacramento County homes are foreclosures. ... am hearing from friends and families , across the nation, their house market is slow as well.

'Take-off stage' in an economy means - (1) Steady growth begins. (2) Economy is stagnant. (3) Economy is about to collapse. (4) All controls are removed.

Description : 'Take-off stage' in an economy means - (1) Steady growth begins. (2) Economy is stagnant. (3) Economy is about to collapse. (4) All controls are removed.

Last Answer : (1) Steady growth begins. Explanation: Rostow's 'Stages of Economic Growth' (1960) presented five stages through which all countries must pass to become developed: 1) traditional ... which industrialization begins to occur, and workers and institutions become concentrated around a new industry.

‘Take-off stage’ in an economy means (1) Steady growth begins. (2) Economy is stagnant. (3) Economy is about to collapse. (4) All controls are removed.

Description : ‘Take-off stage’ in an economy means (1) Steady growth begins. (2) Economy is stagnant. (3) Economy is about to collapse. (4) All controls are removed. 

Last Answer : Steady growth begins.

How would you be affected if all of your personal data on the internet was completely wiped?

Description : How would you be affected if all of your personal data on the internet was completely wiped?

Last Answer : answer:I would get in my time machine. Been there, done that. Nothing you can do. Was when hard drives were very expensive. But in all reality and today. I have back ups of my back ups.

If we completely remove the decomposers from an ecosystem, its functioning will be adversely affected, because (a) mineral movement will be blocked (b) the rate of decomposition will be very high (c) energy flow will be blocked (d) herbivores will not receive solar energy.

Description : If we completely remove the decomposers from an ecosystem, its functioning will be adversely affected, because (a) mineral movement will be blocked (b) the rate of decomposition will be very high (c) energy flow will be blocked (d) herbivores will not receive solar energy.

Last Answer : (a) mineral movement will be blocked

What German weapon affected the US and changed the course of World War 1?

Description : What German weapon affected the US and changed the course of World War 1?

Last Answer : U-boats.

How were people on The US Home Front affected during World War II?

Description : How were people on The US Home Front affected during World War II?

Last Answer : People in the US were affected in many ways during WW2, including:Japanese Americans were forcibly moved to internment camps, and kept there during the war.Women had to go to work in US mines and factories ... a huge sacrifice. Little bread, milk, cheese, eggs, produce, etc.People made do to get by.

Do you feel that the vaccine is becoming an “us against them” civil war type thing?

Description : Do you feel that the vaccine is becoming an “us against them” civil war type thing?

Last Answer : Absolutely it’s us against them. Anybody who refuses a vaccine is obviously “mentally ill”, etc. Here’s a newsflash. Just because somebody doesn’t agree with you doesn’t mean they are incompetent or mentally ill.

Did you know about the (brief) involvement of Portugal in the US Civil War?

Description : Did you know about the (brief) involvement of Portugal in the US Civil War?

Last Answer : I have always been into historical trivia like that. The more obscure, the more I like it.

If the South won the American Civil War, would slavery over time end up abolished in the US?

Description : If the South won the American Civil War, would slavery over time end up abolished in the US?

Last Answer : Computers are the new slaves. When we get true artificial intelligence then we will have another civil war for computer rights. Yes I think slavery would have eventually be abolished or moved onto another group ie computers.

It’s WAR! It’s WAR! When the civil war is finally declared in Iraq will the US jump back in for round three?

Description : It’s WAR! It’s WAR! When the civil war is finally declared in Iraq will the US jump back in for round three?

Last Answer : Dream on. The Iraq war certainly didn’t stimulate the US economy, unless you are only looking at Halliburton and its affiliates. There’s a reason Bush left those costs off the books while he was in office.

What do you think the world would look like today if the Confederacy had won the US Civil War?

Description : What do you think the world would look like today if the Confederacy had won the US Civil War?

Last Answer : answer:Counterfactuals, whee! Well, that would have been a victory for the plantation economy over the industrial economy And decentralized government over a federal system. Which means that ... economic system Which means that 20th century world history would likely have been completely different.

How did the 14 th amendment affect civil liberties in the us during the civil war?

Description : How did the 14 th amendment affect civil liberties in the us during the civil war?

Last Answer : Need answer

How long would the US Civil War last according to military theorist Emil Schalk?

Description : How long would the US Civil War last according to military theorist Emil Schalk?

Last Answer : Newly arrived from Germany, self styled military theorist EmilSchalk, believed that General In Chief George B. McClellan wasdelaying the end of the Southern rebellion. He wrote to PresidentLincoln, that ... in 1862, as McClellan refused to take any major offensivesuntil his army was fully trained.

How did casualty rates in the US Civil War compare to those of the Napoleonic Era?

Description : How did casualty rates in the US Civil War compare to those of the Napoleonic Era?

Last Answer : Casualty numbers in the US Civil War were similar to casualties in the Napoleonic Era. Historians often compare these wars in terms of logistics, tactics, weapons and casualties. As examples, ... of figures are presented to display the fact that casualties in both eras were frequently similar.

How many immigrants entered the US during the US Civil War?

Description : How many immigrants entered the US during the US Civil War?

Last Answer : Between 1861 and 1865 approximately 800,000 immigrants enteredthe US. Most of these people added to the population of theNorthern states.

What economic factors in the South aided the Union victory in the US Civil War?

Description : What economic factors in the South aided the Union victory in the US Civil War?

Last Answer : Prior to the US Civil War, the South already was at adisadvantage regarding its economic base as compared to theeconomic base of the more powerful Union industrial andagricultural elements. ... considered. The other sometimes overlooked problem was thehigh inflation rates in the Confederate dollar.

What were two examples of offensive battle tactics in the US Civil War?

Description : What were two examples of offensive battle tactics in the US Civil War?

Last Answer : Perhaps the two major examples of offensive battle tactics werein battles led by generals Grant and Lee.At the Battle ofGettysburg in 1863, General Robert E. Lee's July 3, 1863 ... the offensive assault orderedby General US Grant at the Battle of Cold Harbor is anotherexcellent example.

Where did most of the US Civil War battles take place?

Description : Where did most of the US Civil War battles take place?

Last Answer : Most of the battles in the US Civil War took place in Southernterritory. A large number of key battles took place in the DeepSouth including along the Mississippi River and in ... These included thetwo battles of Bull Run, Chancellorsville, Fredericksburg and onthe peninsula east of Richmond.

What did Confederate General PT Beauregard believe was the cause of the Confederate defeat in the US Civil War?

Description : What did Confederate General PT Beauregard believe was the cause of the Confederate defeat in the US Civil War?

Last Answer : Confederate General PT Beauregard had strong opinions as to whythe South lost the US Civil War. He wrote after the war that faultymilitary strategies and and the poor leadership of PresidentJefferson ... He did not believethat the numerical troop disadvantages of the South was the maincause at all.

What was the importance of Tyner's Station in the US Civil War?

Description : What was the importance of Tyner's Station in the US Civil War?

Last Answer : Tyner's Station was a stop in Tennessee on the East Tennesseeand Georgia Railroad. It was roughly eight miles east ofChattanooga, Tennessee. It was there in November 1863, thatConfederate General ... of General Braxton Bragg's attempt to defeatthe forces of Union Major General Ambrose Burnside.

How were echelon formations used in the US Civil War?

Description : How were echelon formations used in the US Civil War?

Last Answer : The echelon formation was used to protect any exposed flanksagainst the enemy's possible attempt take advantage of thatexposure or should the enemy attempt to outflank the opposing enemyflank. This ... own army. This formation was used byUnion General David Sickles during the 1864 Atlanta campaign.

How was the US Civil War Battle of Fredericksburg unique in terms of its casualties?

Description : How was the US Civil War Battle of Fredericksburg unique in terms of its casualties?

Last Answer : The December 1862 Battle of Fredericksburg was important in morethan one way. One of its outstanding factors, however, revolvedaround its casualty figures. This was the only Civil War ... . Federal casualties numberedapproximately 11,000 in comparison to the Confederate rate ofapproximately 5,000.

How many Confederate generals were killed in the US Civil War?

Description : How many Confederate generals were killed in the US Civil War?

Last Answer : Seventy-seven Confederate generals were killed or mortallywounded in the US Civil War. Also, of these seventy-seven,twenty-one generals had been previously wounded in battles beforethe battle in which they were killed.

How important was artillery in the US Civil War Battle of Shiloh?

Description : How important was artillery in the US Civil War Battle of Shiloh?

Last Answer : Based on the post war writings of Confederate General PTBeauregard, artillery played a major role in the Battle of Shiloh.It was vital that the Confederates create a Union ... artillery batteries numbering 20cannon provided an effective defense that prevented Beauregard toforce a Union surrender.

Did the North or the South have formal navies when the US Civil War began?

Description : Did the North or the South have formal navies when the US Civil War began?

Last Answer : When the US Civil War began, the North had a small ineffectivenavy. This soon rapidly changed. More warships were built to use onrivers and to blockade Southern ports.The South had no navy at allwhen the ... own. TheSouth's navy was bwst used to try to free its ports or to sinkUnion cargo ships.

What did the US government do to 'reduce' violence against Black Americans after the Civil War?

Description : What did the US government do to 'reduce' violence against Black Americans after the Civil War?

Last Answer : Feel Free to Answer

What were the marching protocols for US Civil War armies?

Description : What were the marching protocols for US Civil War armies?

Last Answer : The high ranking generals on both sides of the US Civil War wereall West Point graduates and this caused both armies to practicethe same maneuvers during the war. One example of this was ... miles, troops had to abandon the acceleratedpace for a longer period of time, based on variouscircumstances.

How were rifle muskets utilized in the US Civil War?

Description : How were rifle muskets utilized in the US Civil War?

Last Answer : Generally speaking, most US Civil War troops fired their riflemuskets and smoothbore muskets when the enemy was within 100 yardsor less. Distances longer than that made any rifle of that timevery ... terrain made it difficult tosee enemy troops clear enough to begin shooting at long range.

Did the rifle musket revolutionize the US Civil War?

Description : Did the rifle musket revolutionize the US Civil War?

Last Answer : Many military experts believed that the rifle musket would havea major effect on the US Civil War. One outstanding feature of thisweapon was its increase in range in comparison to the ... ball when firedat long range targets made it extremely difficult to gauge and aimthe rifle effectively.

What were the circumstances in late 1863 that kept the outcome of the US Civil War uncertain?

Description : What were the circumstances in late 1863 that kept the outcome of the US Civil War uncertain?

Last Answer : Despite suffering several major defeats in 1863, the Confederacystill had the ability to resist the Union's attempt to force theSouth to surrender. The Battle of Chickamagua was a Union setbackfor ... , Lee's Armyof Northern Virginia, remained a roadblock for the North'sambitions against Richmond.

Did the North or the South have formal navies when the US Civil War began?

Description : Did the North or the South have formal navies when the US Civil War began?

Last Answer : When the US Civil War began, the North had a small ineffectivenavy. This soon rapidly changed. More warships were built to use onrivers and to blockade Southern ports.The South had no navy at allwhen the ... own. TheSouth's navy was bwst used to try to free its ports or to sinkUnion cargo ships.