it was an armed coup
they dropped bombs right?
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it was an armed coup
they dropped bombs right?
Sounds like something someone stealing Venezuela's oil would say.
Trump has repeatedly said that the US is making a lot of money from the Venezuelan oil. So, he used military force to take over a country, and claims to have made a lot of money from their oil. There is no better word to describe that than "stealing."
"All we're doing is taking an idle, underground asset that isn't doing anything for Venezuelan people and bringing the money, the technology to develop it."
Not that Trump and his cronies give a shit about global warming, but keeping Venezuelan oil reserves idle would encourage the adoption of alternative energy sources instead.
Cementing Venezuela as a petro state harms the Venezuelan people by propping up a U.S.-backed government that operates on oil revenue instead of tax revenues from a populace to which it is beholden.
Cementing Venezuela as a petro state
That happened a long time ago.
It’s totally in exchange for letting the acting president not get kidnapped by us.
So:
the venezuelan oil is deemed as salted, making it more difficult to process and more apt for the heavier fuels, like diesel and nafta
infrastructure to process this type of crude oil is mostly present in China (unavailable, then) andthe venezuelan processing plants are outdates and in disrepair, hence, processing it requires high costs with investment in equipment and installations and staff, over several years
meanwhile, the shift towards renewables is gaining momentum and oil consumption is on a down trend
Is it just me or something does not add up?
No military without oil. Also if the straight keeps closed price will rise.
They can refine the oil in Texas, and cut dependence on Alberta Bitumen
meanwhile, the shift towards renewables is gaining momentum and oil consumption is on a down trend
Why do you think Trump is working so hard to boost the price of oil? The US is a MAJOR oil producing country.
The US produces sweet crude which we mostly export to places with refineries that process that type of oil. Our own refineries are actually set up for running the sour crude that comes from Venezuelan wells.
Exporting finished products is always much more profitable than raw materials. If the domestic production of crude is of that easier to process nature why set up the industry to depend on foreign crude?
Now is the time to buy coal.
Charcoal and some zuchinnis and eggplants and we have a good start for a great barbecue.
"It was like that when I got here!" said the vandal to the cop.
Exactly as reassuring as a pilot 'insisting' over the intercom 'the right wing is not on fire'.
"Now they got Trump as a partner. Any problems, they go to Donnie. Trouble with the bill? They can go to Donnie. Trouble with the drills, deliveries, Delcy, she can call Donnie. But now they gotta come up with Donnie's oil every month, no matter what. Business bad? Fuck you, pay me. Oh, you had a fire? Fuck you, pay me. Place got hit by lightning, huh? Fuck you, pay me."
— Henry Hill, GoodFellas
🤥🤥👖🔥
This reads to me like they're expanding the idea of the Company Town to an entire country.
So a banana republic?
How come?