Economic Lesson: American Capitalism vs Venezuelan Socialism. In 2006, Venezuela Produced 20X More Oil Than North Dakota. Now North Dakota Out-Produces Venezuela Because of: 1) The Shale Revolution in Capitalist America & 2) the Collapse of Socialism in Venezuela.

Economic Lesson: American Capitalism vs Venezuelan Socialism.

In 2006, Venezuela Produced 20X More Oil Than North Dakota. Now North Dakota Out-Produces Venezuela Because of: 1) The Shale Revolution in Capitalist America & 2) the Collapse of Socialism in Venezuela. @APIenergy pic.twitter.com/pZdfKTsYsW

— Mark J. Perry (@Mark_J_Perry) September 19, 2018