Comment by spwa4
7 days ago
China is desperate, and also the enemy of essentially every source of oil ... "except" Venezuela (disregarding the fact that of course Maduro can't be trusted, and thus isn't really an ally of China. More accurately they're both desperate and might be able to help one another).
Russia is also desperate. And is extracting oil in Venezuela easier than doing it while under Ukrainian bombardment? Good question but we can summarize: extracting oil inside Russia is failing, thanks to Putin's 3-day special military operation ... and they've already had to import fuel twice in the past 6 months, despite how utterly ridiculous that is: the country that out-produced Saudia Arabia when it comes to oil needed to import fuel.
China is moving away from oil at such a pace that any massive development of first the extraction technologies for Venezuela and then the actual infrastructure would probably take too long to be particularly useful.
Venezuela is also simply too far from China to be a reliable source of oil.
And yet Chinese government officials were in discussions mere hours before the US attacked. There were also discussions with Russia and Iran going on.
Yes because the only reason Chinese government officials would talk with Venezuela is because China wants to spin up large-scale oil production there? Literally no other reason they could possibly be talking, right?