Now America Is Supplying OPEC With Oil

Venezuela, a member of the Organization of Petroleum Exporting Countries (OPEC), has been forced by its failing economy to accept its first shipment of American crude oil Sunday despite having some of the worlds largest petroleum reserves.

Venezuela is buying American oil to supplement its own supply as the country faces total economic and social collapse. American oil is cheap by global standards and President Barack Obama recently signed legislation lifting a ban on oil exports.

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