The movement, founded in 1865 by William Booth, has spread from London, England, to many parts of the world. The rapid deployment of the first Salvationists was aided by the adoption of a quasi-military command structure in 1878 when the title, âThe Salvation Armyâ, was brought into use. A similarly practical organisation today enables resources to be equally flexible.
Venezuelaâs oil production has been declining for years, going from 3.3 million barrels a day in 1997 to about 1.9 million barrels a day in 2016. Venezuela cannot afford to produce the oil it needs to sell.
The Real and Nominal price of oil from 1861 to 2015. Venezuela is one of the world's largest exporters of oil and has the world's largest proven oil reserves at an estimated 296.5 billion barrels (20% of global reserves) as of 2012.