Venezuela’s Oil

Venezuela’s Oil (1978) explains the years of social injustice faced by oil-producing countries that led to the founding of OPEC. Venezuela, a founder member, is perhaps the best example of a young country claiming a just price for a non-renewable commodity. The fight for Venezuela’s oil is also closely linked to Betancourt’s political life, and here he examines the politics of the international oil business as regards to his own country.