We will benefit from this

[OldFlame]

Actually you just threw your point under the bus.

Now that Maduro is gone, there is no longer a reason to keep the sanctions in place.

Shall I say game, set, match?

Hardly.

It's been 5 ******* days.

And you keep moving back and forth from before / after Maduro, so which is it? Did the sanctions deep six them before or after 5 days ago?

 

[TNHarley]

My prediction that spending money to ramp up oil production will reduce gas prices is a "biased prediction"?

Umm yes. You arent considering the type of oil there. You arent considering the ME dropping their production to stabilize the price. Etc

 

[dblack]

And until they do, I'll take the 'lessor of two evils', it's not even close.

Yep. That's why we're fucked. Idiots like you.

 

[Company 13]

Pretty sure they want their assets back, and don’t give a shit about how butthurt you are over the liberation of 28 million people from a brutal, mass murdering dictator.

What are their assets that they want back? I understand that the infrastructure is old and decrepit.

 

[Deplorable Yankee]

China/Russia was not purchasing their oil?

China and Russia were lending them money, and they were looking for payment in gold And oil..

I even have a thread back there Somewhere where russia threatens to send people to collect...

Yeah, the c***** are noble creatures. They were there for solidarity &humanitarian reasons.Just like they are in africa

the swamp has no choice but to defend the petro dollar

It doesn't matter a lick who the president is at the moment... Eventually they would have went one way or another... You're talking about the world's the largest oil reserves.

the bloated empire trudges along

 

[TNHarley]

What are their assets that they want back? I understand that the infrastructure is old and decrepit.

They were also compensated for the assets through money, or the ability to continue drilling. The oil companies were able to negotiate.
Saying it was "stolen" is BS.

 

[dblack]

They were also compensated for the assets through money, or the ability to continue drilling. The oil companies were able to negotiate.
Saying it was "stolen" is BS.

Even if it was stolen, if these companies want to risk dealing with a banana republic - it's on them. Our government is not their insurance policy.

 

[Godboy]

Umm yes. You arent considering the type of oil there. You arent considering the ME dropping their production to stabilize the price. Etc

Saudi Arabia has a very good relationship with Trump. It wont stay that way if they **** up oil prices. Youre just throwing out bullshit and hoping that it sticks.

 

[postman]

If they sell more at a lower rate, they make even more money. Why in the holy **** do YOU think you know something that the experts and the oil companies dont know? Your prediction is that the oil companies are going to lose money from this? Let us know when that hapoens. Until then, spare us your delusional predictions.

Did yo fail economics 101?

Increasing output 1%, might cost an additional 1%.
But increasing output 2% might cost an additional 3%
and so on exponentially.

Meanwhile, because of supply and demand, they actually get less per unit, when they increase the supply.

There is a Laffer curve to maximize revenue. And it is usually not very far up the increased production curve.

 

[TNHarley]

Saudi Arabia has a very good relationship with Trump. It wont stay that way if they **** up oil prices. Youre just throwing out bullshit and hoping that it sticks.

Lol, as i said, you are making predictions and basing your argument on it.

 

[Woodznutz]

NO oil companies are going to invest in Venezuela, it is not worth the investment, it would take well over a decade under perfect operating conditions to recoup their investment, and the security situation will make any investment there a huge risk.

Trump is in dreamworld, like normal. He has no problem grifting taxpayers to pay for his adventures.

They might with the right incentives. The point is to get Venezuela back on its feet and get the commies and terrorists out of there.

 

[Godboy]

Did yo fail economics 101?

Increasing output 1%, might cost an additional 1%.
But increasing output 2% might cost an additional 3%
and so on exponentially.

Meanwhile, because of supply and demand, they actually get less per unit, when they increase the supply.

There is a Laffer curve to maximize revenue. And it is usually not very far up the increased production curve.

A million companies sell in bulk at lower rates. They make more money that way than they would if they sold less items for a higher price.

 

[postman]

Even if it was stolen, if these companies want to risk dealing with a banana republic - it's on them. Our government is not their insurance policy.

America will pay for it, under the Trump doctrine.

 

[Godboy]

Lol, as i said, you are making predictions and basing your argument on it.

Im making reasonable predictions about oil prices dropping once production starts in Venezuela. You wont find a single economist in the world who disagrees. YOU on the other hand are are saying a bunch of retard shit that has no basis in reality.

 

[TNHarley]

Im making reasonable predictions about oil prices dropping once production starts in Venezuela. You wont find a single economist in the world who disagrees. YOU on the other hand are are saying a bunch of retard shit that has no basis in reality.

<sigh>

Will Venezuela strike lower gas prices for Americans?

There will be little if any impact to gas prices – up or down – in the wake of the raid that captured Venezuelan leader Maduro.

www.usatoday.com

 

[dblack]

America will pay for it, under the Trump doctrine.

As much as I despise Krugman, he was right about one thing: the US government has become an insurance company with an army.

 

[Company 13]

They were also compensated for the assets through money, or the ability to continue drilling. The oil companies were able to negotiate.
Saying it was "stolen" is BS.

Here's an interesting article about the oil business in Texas and what they are saying about this.

Texas Tribune

 

[postman]

A million companies sell in bulk at lower rates. They make more money that way than they would if they sold less items for a higher price.

They find a 'nieche" market. Or an operating model where they gain efficiency by economy of scale.

But selling at a discount in todays market isn't a wise move.

Several discount and department store chains have recently gone out of business or closed significant numbers of stores, including Big Lots (with many stores sold off or closing in late 2024/early 2025), Bargain Hunt (all stores closed in early 2025), Rite Aid (closed all stores by late 2025), Stage Stores (including Gordmans, Goody's, Peebles) in 2020, and older names like Shopko, Tuesday Morning, and Circuit City

 

[scruffy]

Actually we could accomplish the right now, by just dropping the sanctions against Venezuelan oil.

We might just do that if they agree to play ball.

Their production would go up, and we wouldn't have to spend a dime, or lift a finger.

Nah, they have problems. Their stuff is falling apart.

 

[odanny]

They might with the right incentives. The point is to get Venezuela back on its feet and get the commies and terrorists out of there.

So you're into nation building? How much money are you willing to spend? How much did we spend in Iraq? How's things looking there?