By Jill McLaughlin The U.S. Treasury Department issued a general license on Feb. 10 authorizing the exploration, development, and production of oil and gas in Venezuela—a long-awaited step to help increase crude output from the country. The license allows U.S. citizens to conduct specific oil and gas-related transactions with the Venezuelan government, including providing goods, […]
Tag: Oil
Oil is a smooth, thick liquid that is used as a fuel and for making the parts of machines move smoothly. Oil is found underground.
