Comment by monerozcash
7 days ago
> If there is a need and money to be made they will find someone with the tech or deep enough pockets to develop it
There's no need and there's likely to be no money to be made. The extraction costs will probably be closer to $60 per barrel, which is more than you can sell it for.
>"There's no need and there's likely to be no money to be made"
Not your or mine problem. It is up to Venezuela to figure it out either way, at least in a reasonable world it should be.
No doubt, but I'm simply making the point that it doesn't make economic sense for US to go after Venezuelan oil.
>"making the point that it doesn't make economic sense"
Baloney, you said this:
>"You can't profitably extract Venezuelan crude without US involvement"
Pretty sure given enough efforts could play for others as well.
1 reply →