Economy
Puerto La Cruz is home to Puerto La Cruz refinery, one of the largest oil refineries in the country, which, with its 200,000 barrels (32,000 m3) per day processing capacity, supplies the domestic market and exports to other Caribbean countries such as Cuba and the Antilles. Also, at 50 kilometres (31 mi), José Plant is one of the primary processing facilities of the largest Venezuelan oil company, PDVSA and is a major refining hub for the crude extracted in the states of Monagas and Anzoátegui.
Puerto La Cruz is the terminus of the 145 km (90 mi) Carapito-Puerto la Cruz oil pipeline, the 155 km (96 mi) San Joaquin-Puerto la Cruz oil pipeline and the 184 km (114 mi) Anaco-Puerto la Cruz gas pipeline.
The city is the gateway to a large national park. The beaches of Mochima National Park surround the city. Places such as Isla de Plata, Playa Conoma, Isla Arapo and Playa Arapito are known for their beauty.
To the west of the city is the terminal of one of the main ferry lines linking Isla Margarita with the mainland, while to the east is a private marina that caters for tourists and visitors. Day trips are available to visit national park islands such as Playa El Faro, Los Chimanas, Cachicamo and Isla Borracha.
In addition to tourism, the major international banks have established their regional headquarters in the city. A large number of commercial businesses, and large shopping centers are progressively being developed.
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Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)