The US needs to implement a new Marshall plan for Venezuela, WSJ

[JLW]

So says, Orlando Ochoa, a Caracas-based economist and a visiting fellow at the Oxford Institute for Energy Studies, in the Wall Street Journal this evening.

“What the U.S. needs to do is to implement a form of a Marshall Plan,” said Ochoa, referring to the economic program that helped rebuild Europe after World War II. “This is about much more than coming into the oil and gas sector just to extract crude from the ground.”

He said that includes drafting a broad economic stabilization plan to attract the financing Venezuela badly needs from multilateral lenders to rebuild infrastructure and rusted oil-field installations. Local laws need to be modified to allow private energy firms to operate without state overreach, he added. And the government has to restructure some $160 billion in debt and settle pending arbitration cases with foreign companies to convince them to come back.

One American oil executive with a long history of working in Venezuela said the U.S. government may have done the easy part by removing Maduro. But it remains to be seen whether a transitional government could grant the security and stability needed for foreign oil companies to return to Venezuela en masse, the executive said…

But getting foreign companies to flock back to Venezuela will be a massive challenge. Chevron is the only major U.S. oil company there and is the country’s largest foreign investor. Other oil executives will be forced to gauge the stability on the ground in a country where the industry has fallen into disarray after more than two decades of mismanagement and corruption.

The other obstacle facing Trump’s effort to put more of Venezuela’s viscous crude into the global market is that the world doesn’t have much of an appetite for more oil. U.S. oil prices are languishing below $60 a barrel, a level that discourages investment for most American producers. Global supplies are expected to continue rising this year.

https://www.wsj.com/business/energy-oil/chevron-charts-a-new-path-in-venezuela-to-unlock-vast-oil-reserves-0369ce1b?mod=WSJ_home_supertoppertop_pos_4

*******************************

So what I am reading is the idea of oil paying for the US occupation of Venezuela is a pipe dream. Venezuela will need a massive transformation to get oil companies to invest in the country given all the issues involved, specifically, corruption, obsolete infrastructure and equipment, instability, crime and security.

So how much should the US spend on this new Marshall plan? $10 billion, a $100 billion, a trillion dollars?

Seems to me that Trump, like everything he does, did not think this military operation through.

 

[frigidweirdo]

So says, Orlando Ochoa, a Caracas-based economist and a visiting fellow at the Oxford Institute for Energy Studies, in the Wall Street Journal this evening.

He said that includes drafting a broad economic stabilization plan to attract the financing Venezuela badly needs from multilateral lenders to rebuild infrastructure and rusted oil-field installations. Local laws need to be modified to allow private energy firms to operate without state overreach, he added. And the government has to restructure some $160 billion in debt and settle pending arbitration cases with foreign companies to convince them to come back.

One American oil executive with a long history of working in Venezuela said the U.S. government may have done the easy part by removing Maduro. But it remains to be seen whether a transitional government could grant the security and stability needed for foreign oil companies to return to Venezuela en masse, the executive said…

But getting foreign companies to flock back to Venezuela will be a massive challenge. Chevron is the only major U.S. oil company there and is the country’s largest foreign investor. Other oil executives will be forced to gauge the stability on the ground in a country where the industry has fallen into disarray after more than two decades of mismanagement and corruption.

The other obstacle facing Trump’s effort to put more of Venezuela’s viscous crude into the global market is that the world doesn’t have much of an appetite for more oil. U.S. oil prices are languishing below $60 a barrel, a level that discourages investment for most American producers. Global supplies are expected to continue rising this year.

https://www.wsj.com/business/energy-oil/chevron-charts-a-new-path-in-venezuela-to-unlock-vast-oil-reserves-0369ce1b?mod=WSJ_home_supertoppertop_pos_4

*******************************

So what I am reading is the idea of oil paying for the US occupation of Venezuela is a pipe dream. Venezuela will need a massive transformation to get oil companies to invest in the country given all the issues involved, specifically, corruption, obsolete equipment, instability, crime and security.

So how much should the US spend on this new Marshall plan? $10 billion, a $100 billion, a trillion dollars?

Can you imagine Trump caring? No, he will oversee oil production, and let the country rot.

 

[JLW]

Can you imagine Trump caring? No, he will oversee oil production, and let the country rot.

Chevron already oversees 1/3 of Venezuelan oil production. I wonder what they are thinking today?

 

[frigidweirdo]

Chevron already oversees 1/3 of Venezuelan oil production. I wonder what they are thinking today?

Probably thinking they'll lose production if there's war. And hope to retain their oil assets in the long term, they could make a fortune.

 

[OODA_Loop]

Best Marshall plan

 

[JLW]

Probably thinking they'll lose production if there's war. And hope to retain their oil assets in the long term, they could make a fortune.

The irony here is whether Trump will “nationalize” Chevron’s oil interests to pay for his anticipated occupation.

 

[frigidweirdo]

The irony here is whether Trump will “nationalize” Chevron’s oil interests to pay for his anticipated occupation.

I doubt it. He'd do what Dubya did in Iraq. Let the oil companies take over, and potentially charge them for the privilege.

 

[yidnar]

Can you imagine Trump caring? No, he will oversee oil production, and let the country rot.

the country was the richest country in South America before leftists took over and destroyed the economy .. Venezuelans are celebrating tonight !

https://www.cnn.com/2026/01/03/world/video/venezuela-doral-florida-crowd-maduro-david-culver-latam-intl

 

[Mack The Finger]

Can you imagine Trump caring? No, he will oversee oil production, and let the country rot.

Researchers are working around the clock trying to find medicines and alternative methods of managing TDS.

This post discusses echomagalia, the Trump Derange Syndrome (TDS) / MAGA ideation and is posted as a public service.

Now that Trump has opened a new can of worms with the Venezuela thing the researchers with be working even harder.

Always keep in mind when talking to a stranger, friend, family member, school teacher, fireman or even a spouse that TDS suffers can turn violent in a heartbeat. In the mean time be leary when around people you suspect might suffer from TDS so bad they can go crazy...until you know different.

Echomagalia is a serious mental health condition that affects the way a person thinks, acts, and feels towards Donald Trump. It is estimated around 30 million people that are severely affected by it in the U.S. alone. Each person’s experience being different but generally the same. In theory LIBs are not happy unless they have something to obsess about. This explains why it has spread across America at a rocket ship pace. Research shows that those with borderline TDS tend to compartmentalize parts of their identity—viewing themselves completely negatively or completely positively at one time—more than people with depression and people without a mental health condition.

Jose Tyrone Goldberg, M.D., a clinical professor of psychiatry at the Anncahnapna School of Modern Medicine / Mount Sinai in New York City said the need to replete saying MAGA is to stay calm inside all the way down to the atom. This has been named echomagalia the American Medical Association announced at their last convention in Detroit.

Echomagalia a serious and chronic mental health condition that can alter the ways in which you think, feel, and perceive the world around you. It’s commonly associated with two main symptoms — hallucinations and delusions. (EG) It causes message board yammers to call President Trump dumb...despite his numerous accomplishments thought out life.

It’s quite a common thing for liberals with Trump Deranged Syndrome to act this way and it is getting out of control. MAGA goes around in thier heads for various reasons they can't even explain. For some it comes and goes, and even tho thier exposure to or knowledge of Trump is minimal and that repeating the word makes no difference in changing a thing...they still repeat it. It gets stuck in thier heads just like thier favorite 45 rpm or goes around in their heads like TV commercial jingles. Individuals with a family history of TDS are more that likely to develop it also.

Jingles...catch phrases that are designed to remain stuck in your head and can get you to the point that you can't sleep and hate Trump even for more because of it. Other sleep to much or hardy at all when they are having a serious TDSbout that can last for a week. For some it can lead to loss of bowel and bladder control and they have to keep running to the bathroom.

Studies are showing it’s a common thing for liberals with Trump Deranged Syndrome to start experiencing it at earlier ages. Also...these people are so sick they give thier kids anti-MAGA type first names.

Echomagalians have difficulty understanding that sharing their liberal opinions is not always appropriate (like bringing Uncle Sony who is doing life for a murder at Thanksgiving dinner, weddings / funerals, etc) Thier problems with judgment, inability to understand normal social interreacting concepts are really off and they don't realize it. (always talking about Trump mistakes no matter what)

Thier loss of sense of time / space are starting to become alarming. (EG) When someone ask the date they answer 24 months until Orange Man Bad is gone, a week since he made his last stupid public statement, etc. There are stump when you ask them why they are not president.

Your author is asking you to remember when GWB / the Mission Accomplished sign was 24-7 on the satanic news ? Back than CNN actually report President Bush personally hung the sign. But within a hour retracked the statement saying it was just a rumor going around the wire. Ever since the LIBs caught TDS...anyhow you don't hear anything about President Bush now.
But TDS seem to going to be stick around for a while.

Echomagalia is mostly found in people with aphasia, dementia, traumatic brain injury, schizophrenia to begin with but is most often associated with just being ******* goofy. People with echomagalia disorder think all Trump supporters have connections to white supremacist groups and secret handshakes and are all going to hell. Many family members are hoping love ones with echomagalians will someday return to normal. (which is highly doubtful)

Dr Joy Smith-Garcia the world's preeminent expert, who is best known for more than two decades of field research on echomagalia was the first to identify and wrote her PHD thesis on...Is Echomagalia A Learned Behavior.' (smaller print) And that healthy habits go hand-in-hand with adhering to your meds in helping your TDS.

Justin Raimondo, the editorial director of directpoint.com, outlined TDS in three stages all the way back in 2016:

1: Loss of Proportion – Every tweet or statement from Trump triggers massive outrage, as though words alone could shift global affairs.

2: Hyperbolic Language – In the mid-stages of TDS, sufferers speak in extreme terms, escalating any situation involving Trump to its most dramatic interpretation.

3: Reality Blurring – In the final stage, some echomagalia may lose the ability to separate fact from fiction when reacting to Trump-related news or reading a Richie Rich comic book..

They think it is patriotic to hate Trump and his supporters. People with echomagalia think it is OK to attack Trump supporters or damage their property. They think calling him a felon and twice impeach president really means something despite it has now been exposed as a grand conspiracy a him; as he claimed all along. ut here’s the thing: if echomagalia nitpicks are all the LIBs have left, then they’ve already lost the argument.

Americans don’t care about commas, pronouns, illegals being returned to thier home port — they care about crime, inflation, the price of gas at the pump, and neighborhood safety. President's Trump Team is searching for a answer but feel hamstrung that it will be named after him and people will kill themselves rather give him any glory.

But here’s the thing: if echomagalia nitpicking is all the LIBs have left, then they’ve lost the argument and don't even realize it. Americans don’t care about commas, pronouns, illegals being returned to thier home port — they care about crime, inflation, the drug problem, and neighborhood safety. President Trump and his Team are searching for a answer but feel hamstrung that people will kill themselves rather give him any glory.

If you’d like to eat healthier to help with your echomagalia disorder, talk to your doctor or a registered dietitian. They can make recommendations based on your overall health and medications. Remember, there’s no such thing as a TDS diet to cure your mental health condition. The best way to manage your disorder is to stick to a treatment plan. Most medical treatment centers says that healthy habits go hand-in-hand with adhering to your meds in helping your TDS. This is important to keep in mind if you or a love one suffer from echomagalia.

If you are ready to find treatment options for yourself or a loved one, get started with our rehab locator phone number listed below. Find addiction treatment facilities that have inpatient rehabs, outpatient rehab programs, and more. If you or someone you know is having a complete TDS meltdown or is in line for a total melt down, help is available immediately by calling 911.

For more information contact your local mental department or call the government hotline at 1-800-DJT-MAGA. If you're experiencing these physical symptoms and find yourself thinking about Donald Trump more often, please discuss these thoughts with your healthcare provider as soon as possible. Remember President Trump's Team is searching for a answer and there is hope for a better America.

A Trump official, speaking to us...even on the condition of anonymity refused to comment on TDS other than to say we have no comment and it is what it is and what that is...is obvious.

 

[Darkwind]

So says, Orlando Ochoa, a Caracas-based economist and a visiting fellow at the Oxford Institute for Energy Studies, in the Wall Street Journal this evening.

“What the U.S. needs to do is to implement a form of a Marshall Plan,” said Ochoa, referring to the economic program that helped rebuild Europe after World War II. “This is about much more than coming into the oil and gas sector just to extract crude from the ground.”

He said that includes drafting a broad economic stabilization plan to attract the financing Venezuela badly needs from multilateral lenders to rebuild infrastructure and rusted oil-field installations. Local laws need to be modified to allow private energy firms to operate without state overreach, he added. And the government has to restructure some $160 billion in debt and settle pending arbitration cases with foreign companies to convince them to come back.

One American oil executive with a long history of working in Venezuela said the U.S. government may have done the easy part by removing Maduro. But it remains to be seen whether a transitional government could grant the security and stability needed for foreign oil companies to return to Venezuela en masse, the executive said…

But getting foreign companies to flock back to Venezuela will be a massive challenge. Chevron is the only major U.S. oil company there and is the country’s largest foreign investor. Other oil executives will be forced to gauge the stability on the ground in a country where the industry has fallen into disarray after more than two decades of mismanagement and corruption.

The other obstacle facing Trump’s effort to put more of Venezuela’s viscous crude into the global market is that the world doesn’t have much of an appetite for more oil. U.S. oil prices are languishing below $60 a barrel, a level that discourages investment for most American producers. Global supplies are expected to continue rising this year.

https://www.wsj.com/business/energy-oil/chevron-charts-a-new-path-in-venezuela-to-unlock-vast-oil-reserves-0369ce1b?mod=WSJ_home_supertoppertop_pos_4

*******************************

So what I am reading is the idea of oil paying for the US occupation of Venezuela is a pipe dream. Venezuela will need a massive transformation to get oil companies to invest in the country given all the issues involved, specifically, corruption, obsolete infrastructure and equipment, instability, crime and security.

So how much should the US spend on this new Marshall plan? $10 billion, a $100 billion, a trillion dollars?

Seems to me that Trump, like everything he does, did not think this military operation through.

Yeah, that is pretty well written and I disagree with only a few points.

The Marshall plan in bringing food, medicine, and labor to help build in the form of American contractors.

Right at this moment, even though he did the right thing taking Maduro out, right at this moment, while the air is still rushing in to fill the vacant hole that was Maduro, is where a civil war can spark.

Doing this was the right thing to do, but I do hope that the team around Trump have most of this figured out.

 

[HaShev]

So says, Orlando Ochoa, a Caracas-based economist and a visiting fellow at the Oxford Institute for Energy Studies, in the Wall Street Journal this evening.

“What the U.S. needs to do is to implement a form of a Marshall Plan,” said Ochoa, referring to the economic program that helped rebuild Europe after World War II. “This is about much more than coming into the oil and gas sector just to extract crude from the ground.”

He said that includes drafting a broad economic stabilization plan to attract the financing Venezuela badly needs from multilateral lenders to rebuild infrastructure and rusted oil-field installations. Local laws need to be modified to allow private energy firms to operate without state overreach, he added. And the government has to restructure some $160 billion in debt and settle pending arbitration cases with foreign companies to convince them to come back.

One American oil executive with a long history of working in Venezuela said the U.S. government may have done the easy part by removing Maduro. But it remains to be seen whether a transitional government could grant the security and stability needed for foreign oil companies to return to Venezuela en masse, the executive said…

But getting foreign companies to flock back to Venezuela will be a massive challenge. Chevron is the only major U.S. oil company there and is the country’s largest foreign investor. Other oil executives will be forced to gauge the stability on the ground in a country where the industry has fallen into disarray after more than two decades of mismanagement and corruption.

The other obstacle facing Trump’s effort to put more of Venezuela’s viscous crude into the global market is that the world doesn’t have much of an appetite for more oil. U.S. oil prices are languishing below $60 a barrel, a level that discourages investment for most American producers. Global supplies are expected to continue rising this year.

https://www.wsj.com/business/energy-oil/chevron-charts-a-new-path-in-venezuela-to-unlock-vast-oil-reserves-0369ce1b?mod=WSJ_home_supertoppertop_pos_4

*******************************

So what I am reading is the idea of oil paying for the US occupation of Venezuela is a pipe dream. Venezuela will need a massive transformation to get oil companies to invest in the country given all the issues involved, specifically, corruption, obsolete infrastructure and equipment, instability, crime and security.

So how much should the US spend on this new Marshall plan? $10 billion, a $100 billion, a trillion dollars?

Seems to me that Trump, like everything he does, did not think this military operation through.

I have some ideas, but to start they need to remove all corruption and cartels that corrupt gov'ts and officials.
Besides oil, their commodity are athletes like baseball players, they should have their own leagues =The Venezuelan Professional Baseball League, as a farm system for US and Japan leagues that have to pay to poach their players from their contracts, sort of how Russia makes money from US teams poaching their hockey players.
The leagues can be enhanced to stimulate the economy through ads and product rep contracts, names on stadiums, tie ins etc.
They can start taking in the S.A. migrants and offer gold card citizenship like Trump did, they could assure businesses they will not be seized if they moved back, which will require making good with what was stolen from Exxon and CONOCO, TAXING their production and revamping their energy program would probably net more than their under handed cheap oil deals.
They have to relearn their system, because the more stimulation/ faster circulation of money changing hands, the more taxes that can be raised and the more the gov't can afford to have programs to support those who fall between the cracks as they change their system.
As they change, tourism and investments will also come back and help stabilize the new return to capitalism.

 

[kyzr]

No US taxpayer cash to VZ, let the oil majors pay for it all.

 

[HikerGuy83]

He'll need a Marshall Plan for NYC pretty soon.

And Chicago.

 

[Mac-7]

Can you imagine Trump caring? No, he will oversee oil production, and let the country rot.

Oil production will be good for the Venezuela economy

Communism is a failure with oil production only about 25% of 23 years ago

 

[Luckyone]

So says, Orlando Ochoa, a Caracas-based economist and a visiting fellow at the Oxford Institute for Energy Studies, in the Wall Street Journal this evening.

“What the U.S. needs to do is to implement a form of a Marshall Plan,” said Ochoa, referring to the economic program that helped rebuild Europe after World War II. “This is about much more than coming into the oil and gas sector just to extract crude from the ground.”

He said that includes drafting a broad economic stabilization plan to attract the financing Venezuela badly needs from multilateral lenders to rebuild infrastructure and rusted oil-field installations. Local laws need to be modified to allow private energy firms to operate without state overreach, he added. And the government has to restructure some $160 billion in debt and settle pending arbitration cases with foreign companies to convince them to come back.

One American oil executive with a long history of working in Venezuela said the U.S. government may have done the easy part by removing Maduro. But it remains to be seen whether a transitional government could grant the security and stability needed for foreign oil companies to return to Venezuela en masse, the executive said…

But getting foreign companies to flock back to Venezuela will be a massive challenge. Chevron is the only major U.S. oil company there and is the country’s largest foreign investor. Other oil executives will be forced to gauge the stability on the ground in a country where the industry has fallen into disarray after more than two decades of mismanagement and corruption.

The other obstacle facing Trump’s effort to put more of Venezuela’s viscous crude into the global market is that the world doesn’t have much of an appetite for more oil. U.S. oil prices are languishing below $60 a barrel, a level that discourages investment for most American producers. Global supplies are expected to continue rising this year.

https://www.wsj.com/business/energy-oil/chevron-charts-a-new-path-in-venezuela-to-unlock-vast-oil-reserves-0369ce1b?mod=WSJ_home_supertoppertop_pos_4

*******************************

So what I am reading is the idea of oil paying for the US occupation of Venezuela is a pipe dream. Venezuela will need a massive transformation to get oil companies to invest in the country given all the issues involved, specifically, corruption, obsolete infrastructure and equipment, instability, crime and security.

So how much should the US spend on this new Marshall plan? $10 billion, a $100 billion, a trillion dollars?

Seems to me that Trump, like everything he does, did not think this military operation through.

 

[badbob85037]

So says, Orlando Ochoa, a Caracas-based economist and a visiting fellow at the Oxford Institute for Energy Studies, in the Wall Street Journal this evening.

“What the U.S. needs to do is to implement a form of a Marshall Plan,” said Ochoa, referring to the economic program that helped rebuild Europe after World War II. “This is about much more than coming into the oil and gas sector just to extract crude from the ground.”

He said that includes drafting a broad economic stabilization plan to attract the financing Venezuela badly needs from multilateral lenders to rebuild infrastructure and rusted oil-field installations. Local laws need to be modified to allow private energy firms to operate without state overreach, he added. And the government has to restructure some $160 billion in debt and settle pending arbitration cases with foreign companies to convince them to come back.

One American oil executive with a long history of working in Venezuela said the U.S. government may have done the easy part by removing Maduro. But it remains to be seen whether a transitional government could grant the security and stability needed for foreign oil companies to return to Venezuela en masse, the executive said…

But getting foreign companies to flock back to Venezuela will be a massive challenge. Chevron is the only major U.S. oil company there and is the country’s largest foreign investor. Other oil executives will be forced to gauge the stability on the ground in a country where the industry has fallen into disarray after more than two decades of mismanagement and corruption.

The other obstacle facing Trump’s effort to put more of Venezuela’s viscous crude into the global market is that the world doesn’t have much of an appetite for more oil. U.S. oil prices are languishing below $60 a barrel, a level that discourages investment for most American producers. Global supplies are expected to continue rising this year.

https://www.wsj.com/business/energy-oil/chevron-charts-a-new-path-in-venezuela-to-unlock-vast-oil-reserves-0369ce1b?mod=WSJ_home_supertoppertop_pos_4

*******************************

So what I am reading is the idea of oil paying for the US occupation of Venezuela is a pipe dream. Venezuela will need a massive transformation to get oil companies to invest in the country given all the issues involved, specifically, corruption, obsolete infrastructure and equipment, instability, crime and security.

So how much should the US spend on this new Marshall plan? $10 billion, a $100 billion, a trillion dollars?

Seems to me that Trump, like everything he does, did not think this military operation through.

How bout we get the dead beats to pay us what they owe from the last one.