 Since the appointment of Orinoco Belt as one of the largest reserves of oil in the world, El Tigre has become one of the most important cities in Venezuela because it is very near or on the edge of this oil belt in Anzoategui state.Thus, El Tigre currently shows an increase in the establishment of companies of services to the oil industry that is constantly growing and have also been presented innumerable construction projects for new shopping malls, business buildings or towers and other works for the significant activation of tourism.In the 1930s a large field of light crude oil was discovered near El Tigrito by the Mene Grande Oil Company (MGO), a subsidiary of Gulf Oil Corporation.