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Yesterday, 07:15 PM
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#1
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Valued Poster
Join Date: Jan 31, 2010
Location: TX
Posts: 1,052
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Trump's True Intentions for Venezuela Begin to Emerge
Request by another poster...seemed appropriate
Hint...it ain't Democracy or Drugs
President Donald Trump announced on Tuesday that the interim authorities in Venezuela will be turning over between 30 and 50 million barrels of "high quality," sanctioned oil to the U.S.
Trump said the oil will be sold at market price, and he will control the proceeds to ensure it is "used to benefit the people of Venezuela and the United States!"
The oil will be transported directly to unloading docks in the U.S. via storage ships, the president said.
https://www.foxnews.com/politics/tru...nt-immediately
Or if you prefer the 'Truth' Social post
“I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America. This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!”
“I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States. Thank you for your attention to this matter!”
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Yesterday, 08:58 PM
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#2
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Lifetime Premium Access
Join Date: Apr 25, 2009
Location: sa tx usa
Posts: 16,376
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Somebody in his close circle really needs to muzzle him or stuff a few McRibs in his mouth so as not to let everyone know how unhinged he is.
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Yesterday, 09:06 PM
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#3
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Premium Access
Join Date: Jan 17, 2014
Location: USA
Posts: 14,012
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@RX and @Precious.
Let me ask you this:
What kind of vehicle or vehicles (if you have more than one) do you own and drive?
By the way, do you know who built Venezuela's Oil Industry and then did not receive the agreed percentage of profits?
We the USA built it and Venezuela cheated the USA out of billion and billion of $, in the 10s of billion!
https://en.wikipedia.org/wiki/Histor...oleum_industry
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Yesterday, 09:13 PM
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#4
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Lifetime Premium Access
Join Date: Apr 25, 2009
Location: sa tx usa
Posts: 16,376
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Has 4 doors. Trunk.
Another 2 doors. Trunk.
Last 4 doors. Back lift door.
Specifically why do you ask? Of note, I have made my pov of hydrocarbons, combustion, and cost known.
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Yesterday, 09:14 PM
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#5
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Lifetime Premium Access
Join Date: Apr 25, 2009
Location: sa tx usa
Posts: 16,376
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Has 4 doors. Trunk.
Another 2 doors. Trunk.
Last 4 doors. Back lift door.
Specifically why do you ask? Of note, I have made my pov of hydrocarbons, combustion, and cost known.
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Yesterday, 09:31 PM
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#6
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Premium Access
Join Date: Jan 17, 2014
Location: USA
Posts: 14,012
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I ask because you own and drive an internal combustion engine vehicle that runs on petroleum like most of us do, and you enjoy its convenience like we all do but just like we all do, you don't enjoy it when the price per gallon of gasoline is $3, $4, $5 a gallon.
You want, like we all do, the price per gallon of gasoline to be under $1.99 a gallon, preferably going to the good old days of under $1 a gallon.
With Venezuela Oil Industry that was created by the USA in the 1910's and then stolen from the USA when Venezuela didn't hold up their part of the contract, we can enjoy those low gasoline prices again.
Or would you rather pay $3-5 a gallon?
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Yesterday, 09:51 PM
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#7
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Lifetime Premium Access
Join Date: Apr 25, 2009
Location: sa tx usa
Posts: 16,376
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Quote:
Originally Posted by CG2014
I ask because you own and drive an internal combustion engine vehicle that runs on petroleum like most of us do...
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WRONG.
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Yesterday, 10:19 PM
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#8
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: Austin Texas
Posts: 5,625
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Quote:
Originally Posted by RX792P
Request by another poster...seemed appropriate
Hint...it ain't Democracy or Drugs
President Donald Trump announced on Tuesday that the interim authorities in Venezuela will be turning over between 30 and 50 million barrels of "high quality," sanctioned oil to the U.S.
Trump said the oil will be sold at market price, and he will control the proceeds to ensure it is "used to benefit the people of Venezuela and the United States!"
The oil will be transported directly to unloading docks in the U.S. via storage ships, the president said.
Or if you prefer the 'Truth' Social post
“I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America. This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!”
“I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States. Thank you for your attention to this matter!”
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If that money is given to the oil companies that are owed the money then I would agree to the seizure of the oil. If the money is given to Trump then that sounds like theft to me. A fairly extreme theft at that.
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Yesterday, 10:58 PM
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#9
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Valued Poster
Join Date: Jun 5, 2016
Location: Arkansas
Posts: 1,342
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Quote:
Originally Posted by CG2014
I ask because you own and drive an internal combustion engine vehicle that runs on petroleum like most of us do, and you enjoy its convenience like we all do but just like we all do, you don't enjoy it when the price per gallon of gasoline is $3, $4, $5 a gallon.
You want, like we all do, the price per gallon of gasoline to be under $1.99 a gallon, preferably going to the good old days of under $1 a gallon.
With Venezuela Oil Industry that was created by the USA in the 1910's and then stolen from the USA when Venezuela didn't hold up their part of the contract, we can enjoy those low gasoline prices again.
Or would you rather pay $3-5 a gallon?
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Venezuela oil isn't going to do shit for gas prices. Maybe research refining and the different types of oil? While the US refineries are setup to process the heavy crude like from Venezuela, it's not easy and costly. Oil prices would have to crater (think depression level) to make it worthwhile making gasoline from in the US.
GasolineA primary fuel for vehicles, but yields less from heavy crude.Jet FuelUsed in aviation, also produced but in smaller quantities.DieselAnother important fuel, but refining heavy crude into diesel is more complex. AsphaltHeavy crude is particularly useful for asphalt production.PetrochemicalsCan be refined into chemicals for plastics, fertilizers, and other materials.
Refining Challenges
- Complexity: Heavy crude requires advanced refining techniques, such as cokers and hydrocrackers, to convert it into valuable products.
- Yield: A larger portion of heavy crude remains as residual material, which must be further processed to extract usable fuels.
Venezuelan crude oil can be refined into valuable products, but the process is more challenging and costly compared to lighter grades of oil.
Meanwhile, with battery technology advancing, gas will be less important. Once they hit 800-1000 mile range (cut roughly in half to run your heater/AC, etc...) gas is ancient technology...like dial up. And that's quite likely to happen while the cumpster is still in office...if he lives that long.
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Today, 07:53 AM
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#10
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Valued Poster
Join Date: Jan 31, 2010
Location: TX
Posts: 1,052
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Is this true?
In a press conference on January 3, 2026, following the U.S. military operation to capture Venezuelan President Nicolás Maduro, Donald Trump reportedly mentioned "oil" at least 12 times while failing to mention the word "democracy" a single time.
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Today, 08:10 AM
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#11
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Valued Poster
Join Date: Jan 31, 2010
Location: TX
Posts: 1,052
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Quote:
Originally Posted by CG2014
I ask because you own and drive an internal combustion engine vehicle that runs on petroleum like most of us do, and you enjoy its convenience like we all do but just like we all do, you don't enjoy it when the price per gallon of gasoline is $3, $4, $5 a gallon.
You want, like we all do, the price per gallon of gasoline to be under $1.99 a gallon, preferably going to the good old days of under $1 a gallon.
With Venezuela Oil Industry that was created by the USA in the 1910's and then stolen from the USA when Venezuela didn't hold up their part of the contract, we can enjoy those low gasoline prices again.
Or would you rather pay $3-5 a gallon?
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Currently, the fleet consists of a 2005 Chevy Silverado, a 2011 BMW 335iS and a 2022 Hyundai Santa Fe. Not that it's particularly relevant to the thread.
What happened to 'American oil', 'drill baby drill' and 'energy independence'?
$1/gallon gas would translate into crude oil price of about $20-$30/bbl. At that price, it's quite unlikely that any oil company is going to spend the time, money or risk to invest billions to go to Venezuela. Even production in the US would drop at that price for crude.
Full disclosure...$1.99/gallon gas actually became a reality in my locale this week...Walmart and Murphy oil.
Spend some time here
https://oilprice.com/
Maybe somewhere in Trump's plan is to starve China (and apparent target Cuba) of Venezuelan oil? Or maybe just profit from selling to them.
But the point of this thread is Trump's real intentions for Venezuela versus his claimed intentions..Democracy? Fighting drugs? Or oil?
BTW, for another thread, but it looks like DOJ has decided Cartel de los Soles is not an actual entity, but rather a “patronage system run by those at the top.”
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Today, 08:34 AM
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#12
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 12,776
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Quote:
Originally Posted by CG2014
@RX and @Precious.
Let me ask you this:
What kind of vehicle or vehicles (if you have more than one) do you own and drive?
By the way, do you know who built Venezuela's Oil Industry and then did not receive the agreed percentage of profits?
We the USA built it and Venezuela cheated the USA out of billion and billion of $, in the 10s of billion!
https://en.wikipedia.org/wiki/Histor...oleum_industry
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... Too right, mate.
And it's ALL about to change:
... Sing it with me, mates:
... "Trump-tilda --- Trump-tilda!
Trump-tilda - He'll get our money and run Venezuela!" ... $$$$
##### Salty
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Today, 09:06 AM
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#13
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Valued Poster
Join Date: Jan 31, 2010
Location: TX
Posts: 1,052
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Quote:
Originally Posted by CG2014
I ask because you own and drive an internal combustion engine vehicle that runs on petroleum like most of us do, and you enjoy its convenience like we all do but just like we all do, you don't enjoy it when the price per gallon of gasoline is $3, $4, $5 a gallon.
You want, like we all do, the price per gallon of gasoline to be under $1.99 a gallon, preferably going to the good old days of under $1 a gallon.
With Venezuela Oil Industry that was created by the USA in the 1910's and then stolen from the USA when Venezuela didn't hold up their part of the contract, we can enjoy those low gasoline prices again.
Or would you rather pay $3-5 a gallon?
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Regarding those $1.99/gal gas prices...
I'm assuming energy intelligence firm Rystad Energy has at least reasonable knowledge of such things.
https://finance.yahoo.com/news/venez...181512098.html
Quote:
And Rystad estimates that international investors and operators would need to commit at least $30 billion to $35 billion of that capital within the next two to three years. The firm estimates that more than $50 billion of investment would be needed over the next 15 years just to maintain Venezuela's current output.
In Rystad's view, the 300 billion barrel estimate for Venezuela's reserves is "almost irrelevant as there are almost no global energy system scenarios where this entire amount needs to be produced in future." More than two-thirds of those reserves would also require prices above $100 a barrel to be viable, the firm added.
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$100/bbl would certainly not result in $2/gal gas.
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Today, 09:14 AM
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#14
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Premium Access
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 63,671
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Trump is taking the lions share of the money. If not all of it.
What a fucking thief.
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Today, 09:15 AM
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#15
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Premium Access
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 63,671
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Quote:
Originally Posted by Salty Again
... Too right, mate.
And it's ALL about to change:
... Sing it with me, mates:
... "Trump-tilda --- Trump-tilda!
Trump-tilda - He'll get our money and run Venezuela!" ... $$$$
##### Salty
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Just when you thought Salty couldn’t get any sillier….
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 | 2 users liked this post
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