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Started By
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1
Posted on 1/12/26 at 10:58 am to ChatGPT of LA
quote:
I wonder why Trumo doesnt or hasn't had a hotel there? Enough said...now you understand why ExxonMobil is hesitant
Posted on 1/12/26 at 11:06 am to NorthGwinnettTiger
Well then let them spend their investors money on alternative energy sources like good Woke Climate Change lunatics. Then we can watch Exxon-Mobil die a slow Woke death.
Let's stop playing games here. This has nothing to do with Exxon-Mobil being pissed off they got screwed by Hugo Rafael Chávez but everything to do with the anti-trump "Woke Radicals" who have infiltrated the Exxon-Mobil Oil Board of Directors.
President Trump was more than willing to help Exxon-Mobil recover their losess but the Woke Mobil Board of Directors is more interested in playing the "anti-Trumpster" card.
I hope their wind turbines freeze during icy weather and their solar panels get blow away during a Category 5 hurricane.
Fossil Fuel is still the best and most reliable energy source available today.
.........and President Trump's energy policies is making America No.1 in Energy in the world.......just like he did in his first term.
Let's stop playing games here. This has nothing to do with Exxon-Mobil being pissed off they got screwed by Hugo Rafael Chávez but everything to do with the anti-trump "Woke Radicals" who have infiltrated the Exxon-Mobil Oil Board of Directors.
President Trump was more than willing to help Exxon-Mobil recover their losess but the Woke Mobil Board of Directors is more interested in playing the "anti-Trumpster" card.
I hope their wind turbines freeze during icy weather and their solar panels get blow away during a Category 5 hurricane.
Fossil Fuel is still the best and most reliable energy source available today.
.........and President Trump's energy policies is making America No.1 in Energy in the world.......just like he did in his first term.
This post was edited on 1/12/26 at 11:19 am
Posted on 1/12/26 at 11:06 am to BBONDS25
It's not conducive to foreign investment. Damn regime would confiscate
Posted on 1/12/26 at 11:07 am to loogaroo
quote:
Exxon not interested in Venezuelan investment
As a shareholder, I approve this message.
Posted on 1/12/26 at 11:08 am to OysterPoBoy
quote:
I've always been a Texaco man.
Texaco was notorious for being the cheapest MFs in the industry
Posted on 1/12/26 at 11:13 am to loogaroo
If Trump's plan was to oust Maduro and have the Americans restore oil production, he should have talked to the Oil Execs on the front end.
Posted on 1/12/26 at 11:13 am to GeorgePaton
quote:
Let's stop playing games here. This has nothing to do with Exxon-Mobil being pissed off they got screwed by Hugo Rafael Chávez but everything to do with the anti-trump "Woke Radicals" who have infiltrated the Exxon-Mobil Oil Board of Directors. President Trump was more than willing to help Exxon-Mobil recover their losess but the Woke Mobil Board of Directors is more interested in playing the "anti-Trumpster" card.
This^^
Posted on 1/12/26 at 11:20 am to BBONDS25
quote:
Link it.
Many of us thought/think that oil companies aren't going to willingly bear the risks. The people of the United States are going to have to pay for that.
The question is "how much" are we going to have to pay. I'm interested in the legality of President Trump’s discretionary fund that is supposedly going to come from the sale of the 30 - 50 million barrels that Venezuela is going to "give" to "us."
I haven't researched it much, but the Appropriations Clause in the Constitution says that any funds coming out of the Treasury must be approved by Congress. Will Trump be able to argue that this isn't "public money"?
Posted on 1/12/26 at 11:24 am to Wildcat1996
quote:
If Trump's plan was to oust Maduro and have the Americans restore oil production, he should have talked to the Oil Execs on the front end.
Exxon is the only one that balked.
This post was edited on 1/12/26 at 11:25 am
Posted on 1/12/26 at 11:28 am to loogaroo
Well at least we stopped the drug flow.. that was the objective anyway.
Posted on 1/12/26 at 11:30 am to loogaroo
quote:
Exxon is the only one that balked.
Thanks. Other than Chevron (which is already there) which companies did not balk?
Posted on 1/12/26 at 11:40 am to loogaroo
Ehh...Exxon's pretty recently told those activist "green" shareholders to frick off. They're not the reason Exxon's is hesitant to dump billions in Venezuela on a whim.
Posted on 1/12/26 at 11:43 am to Thecoz
quote:
Well at least we stopped the drug flow.. that was the objective anyway.
Posted on 1/12/26 at 11:49 am to loogaroo
quote:
Exxon is the only one that balked.
And Continental, via their CEO Harold Hamm, longtime Trump supporter and donor. Raised billions for Trump in 2024.
Conoco pretty much balked at this time as well.
Again...there's the political environment, and...the big current butt in the room, starring down $50 oil for the duration of 2026. Companies and shareholders aren't keen on greatly increasing capital in this current price environment, and 2026 budgets have basically already been set and approved by CEOs and the boards by this time.
Posted on 1/12/26 at 11:54 am to Thecoz
quote:
Well at least we stopped the drug flow.. that was the objective anyway.
Since we now "run" Venezuela, why don't we have them turn over the other Venezuelan officials who were indicted along with Maduro in the U.S. in 2020?
I think the two biggest narco-terrorists have $15 million bounties on their heads. You would think our Venezuelan employees would at least turn them over for $30 million dollars.
Posted on 1/12/26 at 11:56 am to loogaroo
So then can we trade Venezuela for Greenland with Denmark. That would be a win for Denmark with the oil there. Keep in mind Aruba is off the coast of Venezuela and controlled by the Netherlands a sister country to Denmark. win win all round.
Posted on 1/12/26 at 11:57 am to ragincajun03
quote:
And Continental, via their CEO Harold Hamm, longtime Trump supporter and donor. Raised billions for Trump in 2024.
Conoco pretty much balked at this time as well.
Again...there's the political environment, and...the big current butt in the room, starring down $50 oil for the duration of 2026. Companies and shareholders aren't keen on greatly increasing capital in this current price environment, and 2026 budgets have basically already been set and approved by CEOs and the boards by this time.
Thanks Ragin for the insight.
Posted on 1/12/26 at 12:02 pm to 14&Counting
quote:
Exxon got burned twice in Venezuela so can’t blame them for not wanting to jump back in.
Trump has dismissed the rationale that "we" are going to take back what the Venezuelans stole from "us."
######'
Trump told the Conoco CEO that the U.S. government is not looking at recovering the assets the company lost during the 2007 nationalization.
“We’re not going to look at what people lost in the past, because that was their fault,” Trump said. “That was a different president. You’re going to make a lot of money, but we’re not going to go back.”
CNBC: What Big Oil Told Trump
Posted on 1/12/26 at 12:02 pm to loogaroo
Exxon also has to protect its operations around the world from suspicion. If it looks like Exxon will partner with the U.S. Military to kidnap heads of state to profit from mineral deposits, what head of state would trust Exxon?
The administration’s actions have put US based multinational o&g companies in a difficult spot.
And that is before shareholder risk for this venture specifically.
The administration’s actions have put US based multinational o&g companies in a difficult spot.
And that is before shareholder risk for this venture specifically.
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