Venezuela's oil was discovered in the early 20th century. Norway's oil was discovered in the mid-late 20th century, at a time when the oil countries started fig

Venezuela's oil was discovered in the early 20th century. Norway's oil was discovered in the mid-late 20th century, at a time when the oil countries started fighting for control over their natural resources. The power structures created over oil in those two countries are nothing alike. Furthermore, Venezuela oil was seen as a necessity for some companies, while Norway oil was discovered at a time when there were decades of oil reserves on tap.