Trump says the U.S. government may reimburse oil companies for rebuilding Venezuela's infrastructure

[Zincwarrior]

Now Trump says the US will pay oil companies to rebuild Venezuela. That switched up fast.​

​

Trump says the U.S. government may reimburse oil companies for rebuilding Venezuela's infrastructure​

Big oil firms will either "get reimbursed by us or through revenue," Trump told NBC News in an exclusive interview.

Trump says the U.S. may reimburse oil companies for rebuilding Venezuela's infrastructure

Big oil firms will either "get reimbursed by us or through revenue," Trump told NBC News in an exclusive interview.

www.nbcnews.com

President Donald Trump said he believes the U.S. oil industry could get expanded operations in Venezuela "up and running" in fewer than 18 months.

"I think we can do it in less time than that, but it’ll be a lot of money," Trump told NBC News in an interview Monday.


"A tremendous amount of money will have to be spent, and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue," he said.

Whether the U.S. government ultimately agrees to reimburse the oil industry's costs in Venezuela, or alternatively, decides that future revenue is sufficient repayment, will likely be a key factor for the oil companies as they consider their options.

Trump declined to say how much money he believes it would cost companies to repair and upgrade Venezuela's aging oil infrastructure.

"It’ll be a very substantial amount of money will be spent" by the oil companies, Trump said. "But they’ll do very well."

"And the country will do well," he added.

Despite Trump's optimism, oil companies have appeared skeptical of quickly entering, expanding or investing in Venezuela. A history of state asset seizures, the ongoing U.S. sanctions and the latest political instability all feed into this caution.

 

[1srelluc]

Nobody really wants heavy/dirty Vin crude but we don't want China to have it either.

 

[Manonthestreet]

Why does it need a rebuild? Did they let it rot?

 

[Zincwarrior]

Why does it need a rebuild? Did they let it rot?

Yes.

 

[IM2]

Now Trump says the US will pay oil companies to rebuild Venezuela. That switched up fast.​

​

Trump says the U.S. government may reimburse oil companies for rebuilding Venezuela's infrastructure​

Big oil firms will either "get reimbursed by us or through revenue," Trump told NBC News in an exclusive interview.

Trump says the U.S. may reimburse oil companies for rebuilding Venezuela's infrastructure

Big oil firms will either "get reimbursed by us or through revenue," Trump told NBC News in an exclusive interview.

www.nbcnews.com

President Donald Trump said he believes the U.S. oil industry could get expanded operations in Venezuela "up and running" in fewer than 18 months.

"I think we can do it in less time than that, but it’ll be a lot of money," Trump told NBC News in an interview Monday.


"A tremendous amount of money will have to be spent, and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue," he said.

Whether the U.S. government ultimately agrees to reimburse the oil industry's costs in Venezuela, or alternatively, decides that future revenue is sufficient repayment, will likely be a key factor for the oil companies as they consider their options.

Trump declined to say how much money he believes it would cost companies to repair and upgrade Venezuela's aging oil infrastructure.

"It’ll be a very substantial amount of money will be spent" by the oil companies, Trump said. "But they’ll do very well."

"And the country will do well," he added.

Despite Trump's optimism, oil companies have appeared skeptical of quickly entering, expanding or investing in Venezuela. A history of state asset seizures, the ongoing U.S. sanctions and the latest political instability all feed into this caution.

Here comes an expensive failure.

 

[theHawk]

Now Trump says the US will pay oil companies to rebuild Venezuela. That switched up fast.​

​

Trump says the U.S. government may reimburse oil companies for rebuilding Venezuela's infrastructure​

Big oil firms will either "get reimbursed by us or through revenue," Trump told NBC News in an exclusive interview.

Trump says the U.S. may reimburse oil companies for rebuilding Venezuela's infrastructure

Big oil firms will either "get reimbursed by us or through revenue," Trump told NBC News in an exclusive interview.

www.nbcnews.com

President Donald Trump said he believes the U.S. oil industry could get expanded operations in Venezuela "up and running" in fewer than 18 months.

"I think we can do it in less time than that, but it’ll be a lot of money," Trump told NBC News in an interview Monday.


"A tremendous amount of money will have to be spent, and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue," he said.

Whether the U.S. government ultimately agrees to reimburse the oil industry's costs in Venezuela, or alternatively, decides that future revenue is sufficient repayment, will likely be a key factor for the oil companies as they consider their options.

Trump declined to say how much money he believes it would cost companies to repair and upgrade Venezuela's aging oil infrastructure.

"It’ll be a very substantial amount of money will be spent" by the oil companies, Trump said. "But they’ll do very well."

"And the country will do well," he added.

Despite Trump's optimism, oil companies have appeared skeptical of quickly entering, expanding or investing in Venezuela. A history of state asset seizures, the ongoing U.S. sanctions and the latest political instability all feed into this caution.

Cool, I like cheap gas.


You’re fine with paying billions to Somali scammers, so no one cares what you think.

 

[theHawk]

Yes.

So socialism failed then.


Yet you want the same ideology to rule America.

 

[IM2]

Cool, I like cheap gas.


You’re fine with paying billions to Somali scammers, so no one cares what you think.

You won't be getting cheap gas. And you are fine with scams as long as a white man does it- Trump.

 

[Zincwarrior]

Cool, I like cheap gas.


You’re fine with paying billions to Somali scammers, so no one cares what you think.

So socialism failed then.


Yet you want the same ideology to rule America.

Your posts make no sense whatsoever.

 

[IM2]

So socialism failed then.


Yet you want the same ideology to rule America.

Socialism has not failed in Norway, Sweden, and a whole lot of other countries. dictatorships fail, and that is what happened in Venezuela.

 

[theHawk]

Socialism has not failed in Norway, Sweden, and a whole lot of other countries. dictatorships fail, and that is what happened in Venezuela.

They don’t have socialism in Norway or Sweden.

And the dictatorship in Venezuela didn’t “fall”, it was taken out by President Trump and our military.

 

[IM2]

They don’t have socialism in Norway or Sweden.

And the dictatorship in Venezuela didn’t “fall”, it was taken out by President Trump and our military.

Actually they do. Trump has not taken out anything. Maduro's VP is in charge. Nothing has changed.

 

[task0778]

I do not believe Trump can unilaterally do that without congressional action. Which I doubt will happen, oil companies are among the largest and most profitable corporations in the world, so what the hell are we doing giving them our tax dollars to make more money? I do not like the direction the US is going in for foreign affairs. One good thing though, it used to be that nobody thought we'd do shit like with Maduro, but now they gotta think twice about messing with us.

 

[Zincwarrior]

Actually they do. Trump has not taken out anything. Maduro's VP is in charge. Nothing has changed.

Civil war fears explode as heavily armed militias take over Caracas streets

Gunfire was heard across Caracas last night as tensions remain sky high after the US raid captured the country's president

www.the-express.com

Civil war fears grow as heavily armed far-left militias take over streets of Caracas​

Gunfire was heard across Caracas last night as tensions remain sky high after the US raid captured the country's president​

 

[scruffy]

Civil war fears explode as heavily armed militias take over Caracas streets

Gunfire was heard across Caracas last night as tensions remain sky high after the US raid captured the country's president

www.the-express.com

Civil war fears grow as heavily armed far-left militias take over streets of Caracas​

Gunfire was heard across Caracas last night as tensions remain sky high after the US raid captured the country's president​

Gunfire was police and military shooting at "unauthorized drones".

Reports of gunfire near Venezuela’s presidential palace

Gunfire was reported near Venezuela’s presidential palace in the capital of Caracas, according to witness accounts and local media reports. Authorities later said the incident did not involve a confrontation. The reports emerged at around 8:30 p.m. local time on Monday near Miraflores Palace in...

bnonews.com

 

[Ringo]

 

[MostBoringManInTheWorld]

Mexico will pay for it!

One way or another, Mexico will pay!

 

[Nuthin' Fancy]

Socialism has not failed in Norway, Sweden, and a whole lot of other countries. dictatorships fail, and that is what happened in Venezuela.

And the US.



Of course the orange tyrant lied.

 

[Ringo]

 

[M14 Shooter]

Why does it need a rebuild? Did they let it rot?

After they nationalized it, yes.