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Started By
Message
re: Venezuelan Deal Numbers
Posted on 8/30/26 at 2:24 pm to Bunk Moreland
Posted on 8/30/26 at 2:24 pm to Bunk Moreland
quote:
Good post. That’s what I wondered about SPR.
By act of Congress is why, also why most of it is exported to Europe and China and doesn't go to US refineries when released. Sure Exxon buys it to sell overseas.
0
Posted on 8/30/26 at 2:58 pm to PaperTiger
quote:
effectively doubling America's oil security at no cost to U.S. taxpayers
I’ll believe that when I see it. This is the third time they’ve granted a 100 year oil lease in the past 50 years. As soon as the infrastructure is built socialists gonna socialize.
Posted on 8/30/26 at 3:31 pm to lsuconnman
quote:
I’ll believe that when I see it. This is the third time they’ve granted a 100 year oil lease in the past 50 years. As soon as the infrastructure is built socialists gonna socialize.
If I’m the US I then seize the facilities
Posted on 8/30/26 at 4:22 pm to lurking
quote:
Well this is false. Complex implies I’m not superior to you.
Insults get hurled here daily and I like to think most are good natured shite talking. Mine are. I think this one is too, but I have to admire the Randy Savagery
Posted on 8/30/26 at 4:30 pm to wookalar1013
Posters like that one make it too easy 
Posted on 8/30/26 at 4:55 pm to BoarEd
quote:
There are 17 fields. Some of them are undeveloped, but not all of them. Some of this will begin nearly immediately.
I am not a trader but was offered 1 million bbls per month because they cannot find buyers. It is payment in kind to a Veneuelan company from the government for money owed it,
Chevron and Trafigura already have that sewn up.
This won't do anything for the US consumer at all.
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