Venezuela FAFO

[shtferbrains]

Well, that has to be encouraging. Trump ask oil companies to invest in Venezuela, and no takers.

Where did you get that gem?

[cropgrower]

Well, that has to be encouraging. Trump ask oil companies to invest in Venezuela, and no takers.

Maybe they are thinking of the long game ,what happens when Trump is gone ? if the country falls back in tyranny/socialism again could be a very very bad investment

Democrats would likely help to make it happen

[agstar77]

They had a meeting with ExxonMobil and other executives a couple of weeks ago. They were thanks but no thanks. Can you imagine working there withe mess Maduro and his buddies created? It is expensive production for cheap oil. Estimate break even 85 U.S. when they were kicked out they received compensation. Trump claims it is U.S. oil.

[TSIPP]

I’ll bet those same investors are changing their tune right now.

[shtferbrains]

Chevron has been operating there mostly right through it all?

[url]https://www.euronews.com/business/2025/12/29/explainer-why-chevron-still-operates-in-venezuela-despite-us-sanctions[/url]

Good explanation of the history that got them to where they are.

Wasn't that long ago that people went therefor cheap beach holidays like Cuba.

[goalieguy847]

So now..
what is the appetite for an new alberta pipeline? Slim to none going south.

What bank account will the separatists lean on when oil comes down?

Food for thought.

[agstar77]

There is one small problem the orange blob is not accounting for. China is owed large amounts by Venezuela. They are paid in oil. Cut that off and China will cut the U.S. off.

[checking]

I’ll bet those same investors are changing their tune right now.

Don't think so.

Minimum $200 billion to bring the infrastructure up to scale.

[shtferbrains]

Certainly won't be something that happens real quick.
Anyplace that went that far with communism/ dictatorship took a generation to get going.

[blackpowder]

China was getting oil at a discount.
To them, a long play is a century.
To us, 10 or 20 years.
Had China or Russia or India done this in their backyard our armchair experts wouldn't have much to say.
Venezuela a long play that needs doing right for a change.
Since nationalization it's been downhill. It's not one world and this may not work either but it was time for a reset. Thankfully led by our neighbors and not the other players.
Often the time to invest is in a slump.
Interesting to see who eventually pays to get at our oil.
Only seals walk on their elbows lol.