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re: Venezuela’s Vast Oil Wealth Could Become The World’s Largest Stranded Asset

Posted on 1/18/23 at 10:08 am to
Posted by Eightballjacket
Member since Jan 2016
7321 posts
Posted on 1/18/23 at 10:08 am to
We need to free the oil, I mean people, of Venezuela.
Posted by bayoudude
Member since Dec 2007
24965 posts
Posted on 1/18/23 at 10:18 am to
They may have plenty of it but the crude there is dirty shite
Posted by GreenRockTiger
vortex to the whirlpool of despair
Member since Jun 2020
42337 posts
Posted on 1/18/23 at 10:19 am to
quote:

all of it was worth the cheap bananas
cocaine makes money too
Posted by redstick13
Lower Saxony
Member since Feb 2007
38605 posts
Posted on 1/18/23 at 12:34 pm to
China will be there soon enough running their oilfields. One of my first jobs in O&G was working on an inland barge that was being converted to work on Lake Maricabo.
Posted by Nawlens Gator
louisiana
Member since Sep 2005
5838 posts
Posted on 1/18/23 at 1:02 pm to

Typical of socialism/communism. What they need is capitalism.
Posted by phunkatron
Member since Jun 2019
1444 posts
Posted on 1/18/23 at 1:17 pm to
That's spelled out in the last 2 paragraphs of the post. Do yall even read before you comment?
Posted by Taxing Authority
Houston
Member since Feb 2010
57383 posts
Posted on 1/18/23 at 1:22 pm to
quote:

I like how the first paragraph blames Trump instead of commie frick Hugo Chavez.
Quite the admission. Apparently socialism can’t succeed without capitalism to provide the means.
Posted by Bueller?
BR
Member since May 2012
43 posts
Posted on 1/18/23 at 1:24 pm to
quote:

our domestic energy sectors produces some of the cleanest, more environmental-friendly fossil fuels in the entire globe, and our industry at home continues to strive to make its processes even cleaner.


Source?
Posted by ragincajun03
Member since Nov 2007
21407 posts
Posted on 1/18/23 at 1:30 pm to
quote:

That, along with existing geopolitical hazards, notably a corrupt autocratic regime with a history of nationalizing oil assets, essentially makes Venezuela uninvestable for foreign oil companies.


That doesn’t address such a fear?
Posted by JackieTreehorn
Malibu
Member since Sep 2013
29178 posts
Posted on 1/18/23 at 1:38 pm to
Sounds like Venezuela needs a little freedom and democracy lol
Posted by GWM
Member since Aug 2021
1565 posts
Posted on 1/18/23 at 1:52 pm to
quote:

They may have plenty of it but the crude there is dirty shite


More so that the refining process can't make it into usable goods ? I'm illiterate as to the oil/petroleum business, so I'm just asking.
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