this post was submitted on 19 Dec 2025
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politics

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Trump administration asking US oil industry to return to Venezuela — but getting no takers (www.politico.com)
submitted 3 months ago by Yuritopiaposadism@hexbear.net to c/politics@hexbear.net
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[–] footfaults@lemmygrad.ml 11 points 3 months ago

The first Trump administration placed sanctions on Venezuela, including its oil industry. Years of sanctions, insufficient investment and political turmoil have since turned what had been a top oil-producing country with vast deposits into one that industry representatives have called a junkyard.

They keep getting away with it. A country wants more of the share of the proceeds for oil sales, colonial occupation says no, they get thrown out, then they use international finance to wreck the country. Then, they come in back in to loot it after the collapse