Trinidad Tobago is diversified, based to a large extent on oil, natural gas, industry and agriculture. It is one of the leading gas-based export centres in the world, being the leading exporter of ammonia and methanol and among the top five exporters of liquefied natural gas. This has allowed Trinidad to capitalise on the biggest mineral reserves within its territories. It is an oil-rich country and stable economically. The Venezuela Tertiary Basin is a subsidence basin formed between the Caribbean and South American plates, and is bounded on the north by the coast ranges of Venezuela and the Northern Range of
History of the west coast of North America those of Gali. In this attempt, he reached land between Point St. George and Trinidad Head on November 4, 1595. Following the line of the coast southwards, Cermeñon's ship became wrecked and was beached in Drake's Bay, north of San Francisco. Using salvaged and local materials, the crew constructed an open boat, and the ship's company of more than seventy persons continued the homeward voyage. This open vessel reached Acapulco in early 1596—a remarkable voyage of nearly twenty-five hundred miles in an open boat. With the loss of the "San Agustin", exploration of the California coast by ships loaded with