Chevron, Venezuela and the Paradox of Plenty
Planet Money
- Published
- January 17, 2026
- Duration
- 33:02
- Summary source
- description
- Last updated
- Jun 7, 2026
Discusses Venezuela and Chevron have perhaps one of the strangest partnerships … ever? Chevron, one of the wor…
Summary
Venezuela and Chevron have perhaps one of the strangest partnerships … ever? Chevron, one of the world’s most famous and profitable oil corporations, has for decades, been plugging away in Venezuela, one of the world’s most famous and infamous socialist countries. Today on the show, the story of their intertwined histories. Before Saudi Arabia, before Ira…
Intelligent report
Sign in to read teasers, or upgrade to Research Pro to commission a new dossier for this episode. Learn more →
Show notes
Venezuela and Chevron have perhaps one of the strangest partnerships … ever? Chevron, one of the world’s most famous and profitable oil corporations, has for decades, been plugging away in Venezuela, one of the world’s most famous and infamous socialist countries. Today on the show, the story of their intertwined histories. Before Saudi Arabia, before Iran… there was Venezuela, the first petrostate. The first country whose entire economy became dependent on oil. With the blessing of oil, an enti