The Venezuela thread

What Do You Think About This?

  • Doesn't really make sense.

    Votes: 11 15.5%

  • Unnecessary.

    Votes: 23 32.4%

  • I love it! We can get more oil!

    Votes: 23 32.4%

  • I can see why it might happen, but not comfortable with it.

    Votes: 14 19.7%
  • Total voters
    71
#2,152
#2,152
InVOLuntary said:
That's where this started. ExxonMobil said they didn't have interest. Trump said ok. My point is their will be dome companies that will be more than happy to move in and take that oil. My guess is there will be some American tax dollars involved but I think much of it will be financed directly from oil revenues.
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Some? About 45% is going to come from tax dollars
 
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#2,153
#2,153
InVOLuntary said:
That's where this started. ExxonMobil said they didn't have interest. Trump said ok. My point is their will be dome companies that will be more than happy to move in and take that oil. My guess is there will be some American tax dollars involved but I think much of it will be financed directly from oil revenues.
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It will virtually have to backstopped by some stupid person i.e. U.S. taxpayer, but this isn't even at this point... not even close. Which is why nobody from Venezuela is involved.

If you don't want people do business with you -- that is simple, put together a double dictator scheme.
 
#2,157
#2,157
LSU-SIU said:
I would think the output would be what it is today going forward, for the foreseeable future. You act like its an all or nothing, but if they don't give them their money -- it will all have to be shutdown.
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Where did i say it was all or nothing? They'll be new companies come in and build it. Wait and see.
 
#2,159
#2,159
InVOLuntary said:
Maybe because there will be different people who are in charge.
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for how long?

and I don't know if you have been paying attention but Trump has been causing a lot of uncertainty in various markets. his tariffs have been all over the place, and that level of volatility will be nothing compared to enforcing our will on another nation.
 
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#2,160
#2,160
https://www.reuters.com/business/en...-return-venezuela-not-high-agenda-2026-01-13/

The figure batted around before the meeting was $100-200b over about 10-20 years just to get back to peak at 3mbpd. If they are waiting on oil to make them rich, well, they might want to sit under a tree and go to sleep for quite a few decades.

ABU DHABI/PARIS, Jan 13 (Reuters) - TotalEnergies (TTEF.PA)
, opens new tab is in no rush to return to Venezuela where doubling oil production could cost $100 billion, the French firm's chief executive said on Tuesday.
"People want to rush back, but it will require a clear framework to be able to invest there and it will take time," CEO Patrick Pouyanne said at Abu Dhabi Sustainability Week.
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"Maybe you could easily add 100,000 or 200,000 barrels per day of additional production, but if you think about adding 1 million barrels per day, it will require $100 billion," he added.
Click to expand...
 
#2,161
#2,161
LouderVol said:
for how long?

and I don't know if you have been paying attention but Trump has been causing a lot of uncertainty in various markets. his tariffs have been all over the place, and that level of volatility will be nothing compared to enforcing our will on another nation.
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The biggest issue is are the drug cartels.

As to the tariffs, literally none of the naysayers predictions have come true.
 
#2,162
#2,162
InVOLuntary said:
The biggest issue is are the drug cartels.

As to the tariffs, literally none of the naysayers predictions have come true.
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I have seen multiple real world implications from the uncertainty around the tariffs.

multiple projects have requested substitutions, and others have gone on hold.

the UNCERTAINITY is the main issue. if you don't know what tomorrow will bring its impossible to plan for 3 years from now.
 
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#2,164
#2,164
LouderVol said:
I have seen multiple real world implications from the uncertainty around the tariffs.

multiple projects have requested substitutions, and others have gone on hold.

the UNCERTAINITY is the main issue. if you don't know what tomorrow will bring its impossible to plan for 3 years from now.
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Sure there is uncertainty. Probably because of the 24hr negative news surrounding them. After a while things show themselves one way or another. The truth is, up to now, none of the doomsday predictions have come to fruition.
 
#2,168
#2,168
InVOLuntary said:
Sure there is uncertainty. Probably because of the 24hr negative news surrounding them. After a while things show themselves one way or another. The truth is, up to now, none of the doomsday predictions have come to fruition.
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and neither has Trump's rose colored glasses predictions.

the number I have seen thrown around was 185B to get things going.
Trumps plan was 100B from Oil companies, and 85B from tax payers.
we have already seen a major player back out, and the rest of them question it and request more.
Tax Payers may not end up with the full 185B "doomsday prediction", and it won't be the 85/100 split Trump falsely claims is a good deal.
The Oil companies will stay pay something, but it won't be the 85/100 split Trump wants.
 
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#2,169
#2,169
InVOLuntary said:
It doesn’t happen over night. 😅
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Oh I agree there, go under the tree and go to sleep in a few decades, maybe, maybe, maybe they get back up to 3mbpd... and they will all still be poor... and wait about 3+ more decades after that and maybe maybe the American taxpayer is paid back, if (big if) it all goes right.
 
#2,170
#2,170
LouderVol said:
and neither has Trump's rose colored glasses predictions.

the number I have seen thrown around was 185B to get things going.
Trumps plan was 100B from Oil companies, and 85B from tax payers.
we have already seen a major player back out, and the rest of them question it and request more.
Tax Payers may not end up with the full 185B "doomsday prediction", and it won't be the 85/100 split Trump falsely claims is a good deal.
The Oil companies will stay pay something, but it won't be the 85/100 split Trump wants.
Click to expand...
So we're back on Venezuelan oil.

I've told you, ExxonMobil if just lobbying for more government dollars.

Can you think of another reason oil companies wouldn't want to pump more oil?
 
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