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Transcripts For CSPAN3 Reel America People Petroleum The Story Of Creole In Venezuela - 1950 20240714

One of the largest known oil deposits in the world, this resource has brought new life to the people of venezuela. The oil beneath these waters belongs to those people, but the stupendous task of bringing it to the surface, refining and marketing has been the work of private, foreign capital and engineering genius, much of it north american, and half that work has been done by one company, Creole Petroleum corporation. Creole is an american company, affiliated with standard oil of new jersey, but it operates exclusively in venezuela, making its headquarters in caracas, a sparkling, modern city whose progress is rooted in oil. From its caracas offices, this Company Conducts business in the interests of the venezuelan people as well as its own stockholders. This is the story of an American Business firm which has be ....

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Transcripts For CSPAN3 Reel America People Petroleum The Story Of Creole In Venezuela - 1950 20240714

Products are now available at the new cspan online store. Go tose and stored see san announcer in 1950, oilrich, venezuela was the fourth most prosperous country in the world with an average annual income of about 7500. With only switzerland, new zealand, and the United States doing better. In recent years, oil prices have dropped and venezuela has experienced political and economic turmoil. The country is now number 126 on the list of per capita gdp. Next, people and petroleum, the story of creole in venezuela. A 1950s promotional film showing the history of Creole Petroleums development and in venezuela, and what it argues are benefits to the country, including health care, education and infrastructure. At the time, creole was a Standard Oil New Jersey venuzuela affiliate and the worlds number two oil produce ....

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