Venezuela Oil Back

[Leo123]

Oil prices are skyrocketing

Oil prices were skyrocketing under Biden........for no reason..... and Maduro still controlled Venezuelan oil, and, the Mullahs were threatening to build nuclear bombs and intercontinental missiles. Your thinking is myopic and irrelevant.

 

[Fort Fun Indiana]

Might be why we want get it from Venezuela dummy

Which will go to the highest bidder, dummy.

 

[Lesh]

Oil prices were skyrocketing under Biden........for no reason..... and Maduro still controlled Venezuelan oil, and, the Mullahs were threatening to build nuclear bombs and intercontinental missiles. Your thinking is myopic and irrelevant.

When Maduro was deposed , oil was about $60 bbl. No one wanted anything to do with that mess at that price

Now that Trump nearly doubled the price, they’re all of a sudden interested in taking the risk

 

[Leo123]

When Maduro was deposed , oil was about $60 bbl. No one wanted anything to do with that mess at that price

Now that Trump nearly doubled the price, they’re all of a sudden interested in taking the risk

Venezuela sits on approx. 300 billion barrels of oil that is trapped because of crumbling, unmaintained infrastructure. Western capital will revitalize it. Your thinking is so political and myopic it shows your ignorance and shallowness.

 

[struth]

Friendly?! It’s the same government that was evil not that long ago. Have you had a stroke?

Um no it’s not…Meduro is in jail

 

[Fort Fun Indiana]

When Maduro was deposed , oil was about $60 bbl. No one wanted anything to do with that mess at that price

Now that Trump nearly doubled the price, they’re all of a sudden interested in taking the risk

And it would indicate that they think it will stay high for a while.

What these companies are looking for is a sweetheart deal.

Delusional Americans will wave their corporate pompoms and rah rah for the oil companies, who 100% will not pass on this discount to them and who 100% will continue to sell to the highest global bidder.

Some would say, it makes the globe less reliant on the Strait of Hormuz. That just belies ignorance of the fact that 20% of the world's energy supply passes through the strait.

Venezuela, best case fantasy scenario, is producing 2 mb/day more than they are now, in 5-10 years.

Global production now, not 5 or 10 years from now, is about 105 mb/day.


Do the math.

 

[Leo123]

Friendly?! It’s the same government that was evil not that long ago. Have you had a stroke?

Same government but, no Maduro, who controlled the government. Now we control the government. Why are you so stupid?

 

[Fort Fun Indiana]

Venezuela sits on approx. 300 billion barrels of oil that is trapped because of crumbling, unmaintained infrastructure.

Securing oil reserves does not affect the price of oil. Their are already huge reserves both tapped and untapped. Oil companies aren't even producing at capacity now.

Because they don't produce oil to make oil cheaper. They produce oil to profit.

 

[Lesh]

Same government but, no Maduro, who controlled the government. Now we control the government. Why are you so stupid?

And nearly double the price per bbl

 

[Leo123]

And nearly double the price per bbl

Yeah, China hates that and again you swing and miss.

 

[Fort Fun Indiana]

Yeah, China hates that and again you swing and miss.

Yes, the same way WE hate it, ya dumbass.

Maybe go to China and set yourself and a Chinese person on fire, I hear the Chinese HATE that.