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Chavez: Venezuelan Oil Production Down 100,000 Barrels a Day


Venezuelan President Hugo Chavez says problems with oil production in the western part of the country, including possible sabotage, have led to a drop in output of 100,000 barrels a day.

President Chavez said Tuesday officials have recovered about 100,000 barrels a day in the last three months, but are still 100,000 barrels a day below the production estimate in the budget.

He said Venezuela's state-owned oil company is working to increase production.

Venezuela is one of the world's largest oil exporters and a major supplier to the United States.

Some information for this report provided by AP and Reuters.

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