Comment by monerozcash
4 days ago
Which would happen anyway because only US companies are (maybe) capable of extracting Venezuelan crude at a profit.
4 days ago
Which would happen anyway because only US companies are (maybe) capable of extracting Venezuelan crude at a profit.
Interesting to keep reading the narrative about the supposedly worthless Venezuelan oil here. So worthless that the US has to block sales with an embargo and is starting a war over it, apparently.
It's not a narrative, it's a fact you can easily verify by accessing the internet using the device in front of you.
The idea that oil in Venezuela is particularly attractive to anyone is patently absurd. Crude oil prices are already at uncomfortable levels for producers with significantly higher margins, and the situation isn't going to get any better.
>and is starting a war over it
Anyone who in 2025 still blindly believes what Donald Trump says is an idiot. And even if that were true, you'd still be an idiot for assuming that Trumps motivations are grounded in reality.
>The idea that oil in Venezuela is particularly attractive to anyone is patently absurd.
So why was US oil companies moving in specifically mentioned during the takeover if their oil is sooooo worthless?
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