{"id":238212,"date":"2026-01-17T15:06:09","date_gmt":"2026-01-17T15:06:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/238212\/"},"modified":"2026-01-17T15:06:09","modified_gmt":"2026-01-17T15:06:09","slug":"chevron-venezuela-and-the-paradox-of-plenty-planet-money-npr","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/238212\/","title":{"rendered":"Chevron, Venezuela and the Paradox of Plenty : Planet Money : NPR"},"content":{"rendered":"

\"VENEZUELA<\/p>\n

Venezuela and Chevron have perhaps one of the strangest partnerships \u2026 ever? Chevron, one of the world’s most famous and profitable oil corporations, has for decades, been plugging away in Venezuela, one the world’s most famous and infamous socialist countries.\u00a0
Today on the show, the story of their intertwined histories. Before Saudi Arabia, before Iran\u2026 there was Venezuela, the first petrostate. The first country whose entire economy became dependent on oil. With the blessing of oil, an entire economic textbook of complications opened up: from the Dutch Disease, to the resource curse, to mono-economic vulnerability.<\/p>\n

And, oddly, along for that ride\u2026Chevron.\u00a0<\/p>\n

Pre-order the Planet Money book and get a free gift<\/a>. \/\u00a0 Subscribe to Planet Money+<\/a><\/p>\n

Listen free: Apple Podcasts<\/a>, Spotify<\/a>, the NPR app<\/a> or anywhere you get podcasts.<\/p>\n

Facebook<\/a> \/ Instagram<\/a> \/ TikTok<\/a> \/ Our weekly Newsletter<\/a>.<\/p>\n

This episode of Planet Money was hosted by Erika Beras and Kenny Malone. It was produced by Luis Gallo with help from Sam Yellowhorse Kesler. It was edited by Marianne McCune, fact-checked by Sierra Juarez and engineered by Cena Loffredo. Alex Goldmark is our executive producer.<\/p>\n

Music: NPR Source Audio – “Chop Me Silly,” “Ondatropica Cumbia Espacial,” and “Fatima’s Lullaby.” <\/p>\n","protected":false},"excerpt":{"rendered":"Venezuela and Chevron have perhaps one of the strangest partnerships \u2026 ever? Chevron, one of the world’s most…\n","protected":false},"author":2,"featured_media":238213,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":{"0":"post-238212","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/238212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=238212"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/238212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/238213"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=238212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=238212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=238212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}