Mac-7
Diamond Member
- Oct 9, 2019
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No US tax dollars to rebuild VenezualaPresident 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.
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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
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It seems fairly obvious Oil Companies will not invest a dime in Venezuela without assurances from the US that it will cover the costs given the myriad risks this investment will take. Trump did not give a number for the cost because it would be in the billions, if not trillions. As far as the oil paying for it, that is a laugh. The same lie was made by the Bush neocons as by the Trump neocons. Oil revenue paid for squat in Iraq.
AI Overview
Iraqi oil revenue did not pay for the Iraq War; initial claims that it would proved false, with the war costing the U.S. trillions in taxpayer money, far exceeding any early oil revenues, which were insufficient for reconstruction due to instability, corruption, and conflict.
Trump=W
.
Period
What we can do is allow the US oil companies to restore oil production to pre-communist levels snd use the profits from that to repair the country