What's it going to take to get that Venezuela oil?


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Posted by mh on August 31, 2026 at 09:00:35

In Reply to: Rainy days and Mondays always have some news* posted by mh on August 31, 2026 at 08:56:44

$2 trillion and 10 years to get production going.

All of this in a country with massive gang violence.

And 3 years after it goes online, the whole thing could get nationalized.

I am sure every US oil company can't wait to get involved.

Of course, we haven't seen the details of this "great deal" that Trump has negotiated.


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