|description=If tar sands are counted, Venezuela possesses the world's largest oil reserves of any nation state.
|logo=Flag of Venezuela (state).svg
|map=Venezuela (orthographic projection).svg
'''Venezuela''' is a [[South America]]n [[nation state]]. In 2017 it was reported to have a bread shortage.<ref>http://www.miamiherald.com/news/nation-world/world/americas/venezuela/article138964428.html</ref>
==Fossil fuel reserves==
Venezuela has the 8th largest gas reserves of any [[nation state]], about 3% of total global reserves.<ref>https://en.wikipedia.org/wiki/List_of_countries_by_natural_gas_proven_reserves</ref> Counting [[tar sands]], Venezuela has the largest oil reserves of any nation state.<ref>https://en.wikipedia.org/wiki/List_of_countries_by_oil_proven_reserves</ref>
In 2016, Venezuela banned their highest denomination [[banknote]].<ref>http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11766817</ref>