Bye Bye Venezuela Dictator

[txdot-guy]

Originally Posted by lustylad

Not a serious comment.

Foreign policy is dictated by our national interest in promoting democracy, hemispheric security & stability, and combating narco-terrorism. If you really believe any of trump's advisors urged him to send in Delta Force in order to collect a judgment on behalf of US oil companies, then I have a bridge to sell you in Pittsburgh.

I am not sure what Trump’s advisors are telling him but I do think that Trump believes that controlling the mineral and oil interests in the western hemisphere is something that the United States has the right to do.

Whether that requires a regime change in Venezuela to install a friendly government or installing the military in greenland to stake a claim to mineral resources or invading Panama so he can rename the Canal it the Great Big Beautiful Trump Canal I just don’t put anything past him.

[lustylad]

Originally Posted by txdot-guy

I am not sure what Trump’s advisors are telling him but I do think that Trump believes that controlling the mineral and oil interests in the western hemisphere is something that the United States has the right to do.

So you would prefer to see China "control" mineral & oil development in the Western Hemisphere and allow the proceeds to continue to line the pockets of left-wing thugs and narco-terrorists like Maduro?

Be careful what you wish for.

[The_Waco_Kid]

Originally Posted by txdot-guy

I am not sure what Trump’s advisors are telling him but I do think that Trump believes that controlling the mineral and oil interests in the western hemisphere is something that the United States NEEDS to do.

.

ftfy



let China and Russia have it all unopposed and see what that means for America in 50 years .. if there is one.

[RX792P]

Originally Posted by lustylad

If it dates back to 2019, then let's add 6 years of interest to the $10 billion! Are you suggesting the debt should be forgiven/forgotten because it's 6 years old? That makes no sense.

And so what if they wrote off the BV of their Venezuelan assets and took a tax deduction? If Conoco collects what it is owed, they can book it as a special one-time gain and pay taxes in the year it is received.

You sure seem cavalier about other people's money. I guess it's safe to say you're not a Conoco shareholder.

Actually I am a Conoco shareholder.

Speaking of cavalier about other people's money, indications are Trump might be willing to give our tax money to entice (subsidize?) the US oil companies to go to Venezuela.

“I think we can do it in less time than that, but it’ll be a lot of money,” he said. “A tremendous amount of money will have to be spent and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue.”

[The_Waco_Kid]

Originally Posted by RX792P

Actually I am a Conoco shareholder.

Speaking of cavalier about other people's money, indications are Trump might be willing to give our tax money to entice (subsidize?) the US oil companies to go to Venezuela.

“I think we can do it in less time than that, but it’ll be a lot of money,” he said. “A tremendous amount of money will have to be spent and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue.”

the revenue will pay for it once socialism is removed from the equation. it was Chavez and his socialist confiscation that took your Conoco's refineries away. an Exxon and others.



this is always what happens when socialism happens. they take the evil money making capitalist resources and then run them into the ground. it happened in Mexico and most of south america. but you know that history, right??


and guess what happens to Venezuela in 10 years? they become prosperous again .. unless you object to that?

[RX792P]

Originally Posted by lustylad

^^^ Not a serious comment.

Foreign policy is dictated by our national interest in promoting democracy, security & stability in Latin America, along with combating narco-terrorism. If you really believe any of trump's advisors urged him to send in Delta Force in order to collect a judgment on behalf of US oil companies, then I have a bridge to sell you in Pittsburgh.

Did you see RX792P's comment above that "Getting Venezuela's oil industry back in shape could cost $100B"? That seems high to me, but I have no doubt the cost will dwarf any outstanding amounts owed due to Chavez/Maduro expropriations.

Question - Would you be willing invest new money with someone who stole all of the money you put into your previous deals, without first getting made whole for the losses you suffered due to their past theft?

If so, I have a few more bridges in Pittsburgh to sell you!

Though Trump has talked about Venezuelan oil for 85% of his comments, 10% on drugs and worst of worst coming from Venezuela and only about 5% on democracy...I'm certain Trump is only looking out for America's best interest...

Former President Donald Trump asked oil industry executives last month to donate $1 billion to aid his campaign to retake the White House, three people familiar with the conversation told POLITICO — a request that campaign finance experts said appeared troubling but is probably legal.

https://www.politico.com/news/2024/0...nance-00157131

Regarding refurbishment of Venezuela's oil infrastructure, $100B may be the low end.

Fully transforming and expanding the country’s oil infrastructure could cost $180 billion to $200 billion if the goal includes major upstream development and maintaining high production growth, the strategists said, citing research from Hart Energy.
Consensus analyst forecasts suggest it could cost $10 billion to $20 billion a year over a decade to reach around 2.5 million barrels per day, without full modernization of Venezuela’s oil infrastructure, they said.

https://www.marketwatch.com/story/pa...SSvxQnHQ%3D%3D

[The_Waco_Kid]

Originally Posted by RX792P

Quote:
Originally Posted by lustylad
^^^ Not a serious comment.

Foreign policy is dictated by our national interest in promoting democracy, security & stability in Latin America, along with combating narco-terrorism. If you really believe any of trump's advisors urged him to send in Delta Force in order to collect a judgment on behalf of US oil companies, then I have a bridge to sell you in Pittsburgh.

Did you see RX792P's comment above that "Getting Venezuela's oil industry back in shape could cost $100B"? That seems high to me, but I have no doubt the cost will dwarf any outstanding amounts owed due to Chavez/Maduro expropriations.

Question - Would you be willing invest new money with someone who stole all of the money you put into your previous deals, without first getting made whole for the losses you suffered due to their past theft?

If so, I have a few more bridges in Pittsburgh to sell you!

Though Trump has talked about Venezuelan oil for 85% of his comments, 10% on drugs and worst of worst coming from Venezuela and only about 5% on democracy...I'm certain Trump is only looking out for America's best interest...
Quote:
Former President Donald Trump asked oil industry executives last month to donate $1 billion to aid his campaign to retake the White House, three people familiar with the conversation told POLITICO — a request that campaign finance experts said appeared troubling but is probably legal.
https://www.politico.com/news/2024/0...nance-00157131

Regarding refurbishment of Venezuela's oil infrastructure, $100B may be the low end.
Quote:
Fully transforming and expanding the country’s oil infrastructure could cost $180 billion to $200 billion if the goal includes major upstream development and maintaining high production growth, the strategists said, citing research from Hart Energy.
Consensus analyst forecasts suggest it could cost $10 billion to $20 billion a year over a decade to reach around 2.5 million barrels per day, without full modernization of Venezuela’s oil infrastructure, they said.
https://www.marketwatch.com/story/pa...SSvxQnHQ%3D%3D

every president asks for money from Corp America not seeing your point here?

[RX792P]

Trump continues to reveal his plan for Venezuela

I asked him, I said, ‘Mr. President, when you say, quote, we’re going to run everything that obviously causes deep concerns because of the disaster in Iraq.’

The president’s response, ‘Joe, the difference between Iraq and this is that Bush didn’t keep the oil. We’re going to keep the oil.’

And to underline his point, Trump said his comments were no longer on background and said: ‘In 2016, I said we should have kept the oil. It caused a lot of controversy. Well, we should have kept the oil’ – the president said – ‘and we’re going to rebuild their broken down oil facilities, and this time we’re going to keep the oil.’

Reference
https://thehill.com/homenews/adminis...uela-iraq-oil/

[pxmcc]

so Trump pulled this one off, but how long til his luck runs out..

https://www.nytimes.com/2026/01/07/u...elicopter.html

[Yssup Rider]

I’m not sure we know the full story of what went down in Caracas. I certainly
don’t expect to get it from Trump or Hegseth.

[offshoredrilling]

Originally Posted by Yssup Rider

I’m not sure we know the full story of what went down in Caracas. I certainly
don’t expect to get it from Trump or Hegseth.

we don't, and like in past by other such actions it will a long time ta never.

[Yssup Rider]

Originally Posted by offshoredrilling

we don't, and like in past by other such actions it will a long time ta never.

You’re OK with that? Our local MAGAs argue like they’re willing to take Trump’s explanations at face value.

[RX792P]

Only US made...
Nice goal...is it actually possible?

https://truthsocial.com/@realDonaldT...56078669121098

I have just been informed that Venezuela is going to be purchasing ONLY American Made Products, with the money they receive from our new Oil Deal. These purchases will include, among other things, American Agricultural Products, and American Made Medicines, Medical Devices, and Equipment to improve Venezuela’s Electric Grid and Energy Facilities. In other words, Venezuela is committing to doing business with the United States of America as their principal partner – A wise choice, and a very good thing for the people of Venezuela, and the United States. Thank you for your attention to this matter!

[RX792P]

Since the return of democracy to Venezuela is/was a prime reason for US arresting Maduro (sure it is....)

Didn't know until I checked, but next scheduled Venezuela presidential elections would be 2030.

Article 233 of the Venezuelan Constitution states that if an "absolute absence" of the president occurs within the first four years of a term, a new election must be called within 30 days.

OTOH...Currently, the Supreme Tribunal of Justice has labeled Maduro's absence as "temporary" rather than "absolute," the 30-day requirement for a new election has not yet been triggered

[RX792P]

Fox's Larry Kudlow seems to be having a difficult time defining the reasons for the Venezuela incursion and Maduro's arrest...contradicting himself.

https://www.foxbusiness.com/politics...cbo=v2-lCzmrMG

Who knew that drill, baby, drill could also restore the Monroe Doctrine and throw the communists out of the Western Hemisphere.

Wasn't 'drill baby drill' to increase domestic US oil production?

And Mr. Trump’s putting a little more oil supply on the market, which is bringing prices lower. It will be refined in Texas, for diesel and gasoline, but more may be coming. And we may be headed for $50 a barrel. Today it’s $56. This whole story is just historically terrific. We snatched Maduro and his fanatical wife, to stop their cocaine smuggling, and gun running. They’re sitting in jail now in Brooklyn, New York.

Kudlow puts oil first in the paragraph, but then says it was all about cocaine smuggling and gun running.