RT: Oil for over $100 a barrel ‘very small price to pay’ for Iran war – Trump.
The US president has attempted to quell fears that the military operation he launched will exacerbate the global energy crisis.
Talking points out and spread by every Western MSM Jew-controlled media.
But - but...The Orange Shitgibbon says U.S. oil companies are falling over each other vying for Venezuelan oil.
RT: US oil companies going to Venezuela – Trump.
US President Donald Trump has said that American oil companies are going to Venezuela in light of the South American country’s latest push to incentivize foreign investment in its energy sector.
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[No, U.S. oil co's aren't clamoring to obtain Venezeulan oil. - DD] Exxon CEO Darren Woods has poured cold water on the idea, saying that the South American country is “uninvestable,” given the “commercial constructs and frameworks in place” there at present. He added that “durable investment protections” are the prerequisite to any long-term involvement.
RT: Why American Big Oil isn’t buying the Venezuela ‘victory’.
Exxon boss Darren Woods described Venezuela as “uninvestable.” Woods said: “We have a very long history in Venezuela… We’ve had our assets seized there twice. You can imagine to re‑enter a third time would require some pretty significant changes from what we’ve historically seen here and what is currently the state.” He added: “If we look at the legal and commercial constructs and frameworks in place today in Venezuela, today it’s uninvestable. And so significant changes have to be made to those commercial frameworks, the legal system, there has to be durable investment protections, and there has to be a change to the hydrocarbon laws in the country.”
The Exxon CEO’s comments were echoed by Conoco’s boss, Ryan Lance, who said: “We need to be also thinking about even restructuring the entire Venezuelan energy system, including PDVSA.”
What that means is that Venezuela is far from under US control.
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From the viewpoint of Big Oil, it’s not mission accomplished. Venezuela is ‘uninvestable’, which is the capitalist way of saying, there was no regime change to give the oil companies what they want – total control over Venezuela’s hydrocarbon wealth.




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