Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Tue 11/29/2022 View Mon 11/28/2022 View Sun 11/27/2022 View Sat 11/26/2022 View Fri 11/25/2022 View Thu 11/24/2022 View Wed 11/23/2022
1
2022-11-29 Caribbean-Latin America
White House DEFENDS deal to drill oil in Venezuela and rejects claims Biden is reducing production on American soil - less than a month after President said 'no more drilling'
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Skidmark 2022-11-29 00:00|| || Front Page|| [12 views ]  Top
 File under: Commies 

#1 

Now the unasked and answered question:

How Much will Socialist Venezuela get out of the deal, and who in the OIL industry is donating to the LSD's or DC Swamp family pockets?


BTW: Read in Forbes some years ago. "How Venezuela Ruined Its Oil Industry"

Chávez the then Socialist Dictator of Venezuela and close friend to Castro, demanded changes to the Oil Drill agreements made by the international oil companies that would give PDVSA majority control of the projects.

He then proceeded to siphoned off too much Oil $$$ to fund his Socialism regime, failed to re-invest in oil operations and fired those that knew how to drill and operate oil rigs and replaced them with his Socialist Cronies.

Posted by NN2N1 2022-11-29 08:44||   2022-11-29 08:44|| Front Page Top

#2 No sane company would want to be involved in the environmental disaster that the Chavez Maduro regime has created in Venezuela. They ran off all the competent employees. Incompetent oil drilling is not something you clean up with a roll of Bounty and jug of dish washing soap. No sense getting caught holding the bag in what will equate to a national superfund when the pendulum of justice scythes down the current clowns.
Posted by Super Hose 2022-11-29 10:05||   2022-11-29 10:05|| Front Page Top

#3 Creating a comeback opportunity for that Danziger guy...
Posted by M. Murcek 2022-11-29 10:50||   2022-11-29 10:50|| Front Page Top

#4 He then proceeded to siphoned off too much Oil $$$ to fund his Socialism regime...

I think what he was funding was his own private lifestyle.
Posted by Abu Uluque 2022-11-29 12:18||   2022-11-29 12:18|| Front Page Top

#5 As I recall, President Chavez then pre-sold something like five to ten years of production to China in return for China funding the running costs, a significant discount over the oil price at the time.
Posted by trailing wife 2022-11-29 14:00||   2022-11-29 14:00|| Front Page Top

#6 /\ BINGO

China.
Posted by Besoeker 2022-11-29 14:06||   2022-11-29 14:06|| Front Page Top

#7 'Why does Biden hate Brown People and The Rain Forest?'
Posted by swksvolFF 2022-11-29 17:45||   2022-11-29 17:45|| Front Page Top

#8 "A carcass, Caracas, eh?"
"Yup."
"A pig in a poke."
"Such a shtup!"
China takes to the skies.
[doorbell rings]
"We're the guys
That the government sent to clean up."
Posted by Squinty Spomp3849 2022-11-29 18:39||   2022-11-29 18:39|| Front Page Top

22:38 Squinty Spomp3849
22:23 Glusoling Sinatra9393
22:05 swksvolFF
21:50 swksvolFF
21:48 swksvolFF
21:36 Matt
20:53 NN2N1
20:40 M. Murcek
20:39 Jise Elmeang4932
20:39 M. Murcek
20:35 Frank G
20:21 magpie
20:18 Seeking Cure For Ignorance
20:14 Seeking Cure For Ignorance
20:08 Frank G
20:07 Seeking Cure For Ignorance
19:58 Anomalous Sources
19:57 swksvolFF
19:55 swksvolFF
19:53 Squinty Spomp3849
19:51 swksvolFF
19:43 Matt
19:09 SteveS
19:07 M. Murcek









Paypal:
Google
Search WWW Search rantburg.com