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re: Exxon not interested in Venezuelan investment — Trump is not pleased.

Posted on 1/12/26 at 12:03 pm to
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
90772 posts
Posted on 1/12/26 at 12:03 pm to
Look at this guy

Amazing in it's stupidity.
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 1/12/26 at 12:03 pm to
quote:

kidnap heads of state to profit from mineral deposits, what head of state would trust Exxon?


Dems love homicidal dictators now. Just amazing.
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 1/12/26 at 12:04 pm to
quote:

Trump told the Conoco CEO that the U.S. government is not looking at recovering the assets the company lost during the 2007 nationalization.


You think those assets still exist?
Posted by mtb010
San Antonio
Member since Sep 2009
6583 posts
Posted on 1/12/26 at 12:04 pm to
I mean, he's not wrong. There has to be tremendous groundwork done in that country before I would just say yes to investing the time and resources. The basic component of safety has to be foremost the most important aspect. No telling how much gorilla warfare will come from that region with no clear leadership and the overall lawlessness that those in charge are used to.
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 1/12/26 at 12:07 pm to
quote:

It's not conducive to foreign investment. Damn regime would confiscate


It was a silly statement. If Venezuela had the largest tourism industry in the world he would have a hotel there.
Posted by ragincajun03
Member since Nov 2007
29243 posts
Posted on 1/12/26 at 12:09 pm to
quote:

The basic component of safety has to be foremost the most important aspect.


That's exactly what the CEO of Chevron, who is currently the only U.S. E&P in Venezuela, said. Even Mike Wirth, who begged President Trump and worked with him to allow Chevron to keep operating in Venezuela even with the sanctions, has said as of now his company is more going to stay the course rather than rashly ramp up extra capital spending in the country. Venezuela's oilfield still has to compete with the rest of Chevron's portfolio, which just absorbed Hess.
Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/12/26 at 12:09 pm to
quote:

The administration’s actions have put US based multinational o&g companies in a difficult spot.



This is what I don't understand. The planning for our conquest of Venezuela probably started the day Marco Rubio became Secretary of State.

Why weren't we planning for the aftermath at the same time?
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 1/12/26 at 12:12 pm to
quote:

Why weren't we planning for the aftermath at the same time?


How do you know they haven’t? They cut off Cuba, Russia, and China’s largest supplier and you all still whine. It is amazing to watch. Leftists all of a sudden cheering for Russia and China because OMB.
Posted by beaux duke
Member since Oct 2023
4911 posts
Posted on 1/12/26 at 12:13 pm to
once again, trump has no plan, no idea what he's doing
Posted by SlidellCajun
Slidell la
Member since May 2019
16420 posts
Posted on 1/12/26 at 12:13 pm to
Ideally, we would have oil company commitments ahead of an abduction of a country’s president
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 1/12/26 at 12:16 pm to

quote:

once again, trump has no plan, no idea what he's doing



quote:

How do you know they haven’t? They cut off Cuba, Russia, and China’s largest supplier and you all still whine. It is amazing to watch. Leftists all of a sudden cheering for Russia and China because OMB.
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 1/12/26 at 12:17 pm to
quote:

Ideally, we would have oil company commitments ahead of an abduction of a country’s president


Run. Through the logistics with me. How would these contracts be out in place without word getting to Maduro?
Posted by CastleBravo
Rapid City, SD
Member since Sep 2013
1875 posts
Posted on 1/12/26 at 12:19 pm to
Can't blame them really.

Whats going to happen if another weak democrat gets elected and lets their investment get nationalized again?

Cant really have a stable environment when democrats are trying to undermine the country.
Posted by LSUnation78
Northshore
Member since Aug 2012
14230 posts
Posted on 1/12/26 at 12:20 pm to
… you’re thinking first order. Taking a victory lap for first order predictions that have no real merit to the 2nd and 3rd order implications that matter is… certainly something.

Doubling down on making sure everyone knows you’re too myopic to understand.
Posted by loogaroo
Welsh
Member since Dec 2005
42453 posts
Posted on 1/12/26 at 12:20 pm to
quote:

And Continental, via their CEO Harold Hamm, longtime Trump supporter and donor. Raised billions for Trump in 2024.


He didn't balk like Exxon just did. He treated with kid gloves saying what we all know.

quote:

U.S. oil wildcatter Harold Hamm said it could be “years” before he and other U.S. E&P leaders gain enough trust in Venezuela to operate oil assets there.


https://www.hartenergy.com/policy-and-regulation/international/he-harold-hamm-venezuela-cuba-quivering-boots/

Posted by loogaroo
Welsh
Member since Dec 2005
42453 posts
Posted on 1/12/26 at 12:22 pm to
quote:

Run. Through the logistics with me. How would these contracts be out in place without word getting to Maduro?
Posted by dgnx6
Member since Feb 2006
89829 posts
Posted on 1/12/26 at 12:25 pm to
quote:

Exxon got burned twice in Venezuela so can’t blame them for not wanting to jump back in.


I thought Venezuela were the good guys.

Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/12/26 at 12:26 pm to
quote:

Leftists all of a sudden cheering for Russia and China because OMB.


Such a bogus take. As always, I'm rooting for the US. I don't think this will hurt China and Russia much. It MIGHT topple Cuba.

But what's it going to cost the US to "run" Venezuela for the several years it's going to take to revitalize their oil industry? Are we willing to sacrifice American troops if necessary?

The deployment of the armada has already cost us around a billion dollars.
Posted by IvoryBillMatt
Member since Mar 2020
10132 posts
Posted on 1/12/26 at 12:36 pm to
quote:

Run. Through the logistics with me. How would these contracts be out in place without word getting to Maduro?


You don't think Maduro knew we were coming for him as soon as the first drug boat was sunk?

Posted by barry
Location, Location, Location
Member since Aug 2006
51398 posts
Posted on 1/12/26 at 12:37 pm to
quote:

I don't buy their stinking gasoline anymore either.


yes you do, you just don't know it.
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