Venezuela’s oil production is already below 1997 levels, but could fall significantly lower as the country’s president, Hugo Chavez, has alienated oil service companies by refusing to pay their fees, and in some cases, seizing their assets.

It’s no great surprise that investors in the energy market are getting rich. But there are many contrarian ways to play this boom. Chris Mayer at DailyWealth says pipeline construction is a hot topic at the moment…