Article

2019-03-13 Economy

Oil Markets See An Explosion Of Bullish News

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Posted by Besoeker 2019-03-13 01:44|| || Front Page|| [8 views ] Top

#1 >Since the oil isn’t exported, there’s not revenue

Magic borders theory. The problem is the Venezuelan economy cannot find a use for the oil (because the government is marxist)!

Posted by Bright Pebbles 2019-03-13 05:26|| 2019-03-13 05:26|| Front Page Top

#2 Invest in infrastructure my foot. They drove out the competent, experienced people and hired loyalists, hacks, and everybody's hard corps unemployable brother in law. Apparently unbeknownst to the chattering class there is more to exploration, production, transmission and refining than what comes on tv.

Posted by Cesare 2019-03-13 09:01|| 2019-03-13 09:01|| Front Page Top

#3 Cesare, historically they understood this, and required thier own people to be hired but did not interfere with corporations employing duplicate foreigners (either on site or overseas) to do the actual work, which the national employees would submit for implementation. Inefficient, but it did work. The collapse of the past few years destroyed that system at an accelerating rate.

Posted by Glenmore 2019-03-13 12:25|| 2019-03-13 12:25|| Front Page Top

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