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General Discussion

Melon

(756 posts)

11. Venezuela destroyed their oil footprint.

Reply to AloeVera (Reply #9)

Sat Sep 6, 2025, 05:52 PM

Saturday

They nationalized and stole assets from international firms. Maduro took apart their national oil company and removed managers and executives only to replace them with political appointees. Their production dropped by close to 90% from peaks. It is very risky for foreign oil to invest there so they don’t. Huge reserves, nice people, but the government has ruined access to their largest resource.

I wouldn’t say it’s about becoming a client. You would need production and foreign investment for that to happen. Trump likely wants regime change to open oil.

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Why U S. warships are actually surrounding Venezuela [View all] orangecrush Saturday OP

One American soldier die, wounded.................. Lovie777 Saturday #1

Same orangecrush Saturday #2

Venezuela is not an island, therefore not surrounded. GreenWave Saturday #3

Thank you for the additional insights orangecrush Saturday #4

That's Venezuela's claim. Igel Saturday #5

Bingo! BoRaGard Saturday #7

Venezuela has the largest oil reserve in the world. AloeVera Saturday #9

Venezuela destroyed their oil footprint. Melon Saturday #11

The video states (at the beginning) 'surrounding the coast of Venezuela'. They should have added 'coast' to the title. Celerity Saturday #10

Surrounding? They are a country with an Atlantic or Caribbean coast on one side and a continent on the other side. Hekate Saturday #6

The video states (at the beginning) 'surrounding the coast of Venezuela'. They should have added 'coast' to the title. Celerity Saturday #8

Latest Discussions»General Discussion»Why U S. warships are act...»Reply #11