Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

flashman13

(2,031 posts)
12. The oil companies don't want to have anything to do with Venezuela.
Sat Jan 3, 2026, 06:49 PM
Saturday

Venezuelan oil is thick and gooey like Canadian tar sands oil. It is expensive and difficult to refine. To make use of it would require large investments in new refining capacity. Also the Venezuelan oil fields are in poor shape and again would require large investments to get production to a meaningful level. Why would the oil companies want to pour money into an unstable situation which could fall apart at any moment and cost them their entire investment.

The only person that wants Venezuelan oil is Trump. It's part of his "oil domination" thing.

Recommendations

6 members have recommended this reply (displayed in chronological order):

DJT is stark raving mad. [View all] MIButterfly Saturday OP
Congress needs to overthrow this Trump regime Blues Heron Saturday #1
Yes yellow dahlia Saturday #9
I think Katcat Saturday #16
It's not that they people are too scared. misanthrope Saturday #19
Congress could stop him PatSeg Saturday #18
I don't understand what the point of Congress is Skittles Saturday #2
They've already effectively ABDICATED B.See Saturday #5
Exactly yellow dahlia Saturday #8
When he said this was the bestest military action since ww2... CincyDem Saturday #3
How are we going to 'run' things? pfitz59 Saturday #4
It's all to hide L'affaire Epstein. Wag the Dog. Start wars to conceal it. usonian Saturday #6
He's truly beyond fucked in the head. Initech Saturday #7
Good observations. Good questions. yellow dahlia Saturday #10
He's demented tool for Exxon, Shell and the other oil conglomerates nt Wicked Blue Saturday #11
The oil companies don't want to have anything to do with Venezuela. flashman13 Saturday #12
I read that one of the oil companies is standing by with plans to refine this oil kimbutgar Saturday #14
There is not a great deal of slack in American refining capacity. There are a few facilities that can refine heavy oil. flashman13 Saturday #27
We can only hope this turns out to be a disaster for the orange piggy and the oil companies kimbutgar Saturday #28
Koch Be Leave On Saturday #15
It's absolutely a crime! flashman13 Saturday #22
There are a million steong roughnecks who would take the grant. joshcryer Saturday #21
Did you not notice that no one "got rich" on Iraqi oil. It has nothing to do with strong backs. flashman13 Saturday #24
I heard Stephen Miller was encouraging him also to do this illegal attack and kidnapping kimbutgar Saturday #13
Time to ramp up the exposure to the details in the recent Epstein file dumps are. Hope22 Saturday #17
He's the same MW67 Saturday #20
This may explain a few things: MorbidButterflyTat Saturday #23
And who on God's green earth is going to be able to stop him? sprinkleeninow Saturday #25
P-U-tin has vested interests in Venezuela; HE needs to release whatever he has on donOLD. MLWR Saturday #26
Millions of Iranians canetoad Saturday #29
Trump appeared so out of it - like he was drugged or something womanofthehills Saturday #30
Latest Discussions»General Discussion»DJT is stark raving mad.»Reply #12