Trump invaded Venezuela and kidnapped the president and his wife thinking the US oil companies would happily take over. That was his plan, which was not really having a plan, just a stupid idea.
AHugeHildaFan on
You mean the oil companies don’t want to invest into a country that just got destabilized by the US military invading it and leaving a power vacuum?
Who would’ve guessed they wouldn’t want to commit?
freekey76 on
Isn’t Trumps dictating the means of production against everything Republicans are supposed to be for?
JerryAtrics_ on
But Trump just announced that they agreed to spend 100s of billions on Venezuela infrastructure. He wouldn’t lie about that, would he? /s
m0rbius on
Lol oh please, they’re slow playing this. They want Trump to up the incentives so they can milk it for all its worth. They are going to make out huge with this and everyone fucking knows it.
PtrPorkr on
Of course. All of this goes away when Rump does. Everything this guy has done is getting rolled back as soon as the midterms.
PixelsGoBoom on
They don’t want to be indebted to USA’s mafia boss? How odd…
Hekke1969 on
US got to be the dumbest nation in the world
GrannyFlash7373 on
Trump is struggling to convince successful businessmen, something he isn’t, into believing his rendition of making a silk purse out of a sow’s ear story, about the oil industry in Venezuela. His salesmanship skills are waning in veracity.
nomnomyumyum109 on
In true narcissist fashion he said “well if you dont want to do it, I have 25 others that want to be here.”
The best response to that is to say, yeah who are these 25 people? Name them. They will stumble and not have a single name, ask me how I know.
ViolettaQueso on
Good.
blizzard7788 on
Don’t believe for one minute that the oil companies are going to use their own money to set up infrastructure in Venezuela. It’s going to be taxpayer money through tax exemptions and subsidies.
lordvitamin on
Entering into a long-term investment of multiple billions of dollars, in a foreign country with a recently toppled leadership, based on actions and statements from an unstable, unhealthy, mentally questionable 79 year old unpopular politician does not seem like a wise business decision.
Go figure.
beardeddragon0113 on
Who wants to bet they are waiting on taxpayer money to fund operations while they receive all the profits. Surely they would be more “committed” at that point 🫠
mishma2005 on
You mean Trump seized something no one has interest in? Wouldn’t be the first time
cbelt3 on
And he’s surprised because their lobbyists bribed the hell out of his people first, and he called them before the invasion to inform them so they could kiss his ass. (And didn’t inform Congress as The Law requires).
Fallicymbol on
When did this Clown Car Collective ever think anything through?
Is Trump defensive and deflecting…or just demented and easily led? 25 for 47…
ccannon707 on
It was much easier for Trump to shut down green energy (solar tax credits, wind energy, EV tax credits) to benefit the oil companies. This is almost comical.
tharpoonani on
Trump Administration is so inept that they even flunked the classic American cronyism playbook.
Guys, you’re supposed to line up the commitments in all those smoke-filled backrooms y’all hang out in. THEN go and violate another nations sovereignty.
I_saw_u_take_a_dump on
Yes, but those epstein files would be nice to see
konoyaroh on
I was more surprised that he was able to read.
aarrtee on
one of his asskissers will simply start an oil company. Musk is probably looking into that right now.
Mindless-Charity4889 on
Aside from the obvious risk of investing in a country that is likely to nationalize the assets as soon as they can, there’s the risk of getting boycotted by consumers who disagree with invading a country to seize their oil.
Red19120 on
Dont show this to Venezuelans they will freak out specially the ones leaving outside of venezuela, they think Trump is their savior. I heard one say “Donald Trump has done more for Venezuela in one month than the UN in 26 years”
Mistur_Keeny on
Foresight. They’re not going to invest in a venture that could collapse in 3 years.
OpticalPrime35 on
I vote for MAGA to go work those oil fields and plants in Venezuela since they seem it is such an amazing thing
fackoffuser on
Their legal teams are going “the world isn’t going to like this and anything we invest is probably lost when he dies and JD ‘Peter Thiel uses my asshole to activate my puppet strings’ Vance won’t necessarily care about Venezuela”.
givin_u_the_high_hat on
Because they need a boots-on-the-ground full scale invasion to secure their investments (and people).
Real_Topic_7655 on
These oil executives, they are well beyond Trump’s three years. They will play the long game and stay friends with Trump., but they have already matured their language and actions to incorporate, climate change and local governments,
They don’t want to be seen as bandits on Trump’s team .
BlahBlahBlahSmithee on
History tells us this is a bad bet for big oil. Think Fordlandia in Brazil.
AdSpecialist4529 on
Only takes 100 Venezuelan rebels loyal to Maduro to make it virtually impossible to come in and get the oil. Random attacks on staff, blowing up trucks and oil plants.
coreyrude on
I bet it’s that Trump wants a large percentage or finders fee and he is just so greedy that it’s not worthwhile to deal with him especially knowing he may renegotiate the secons they build out hundreds of millions in infrastructure.
AllyMcfeels on
Venezuelan oil is extremely heavy. Extracting it is expensive, transporting it is expensive, and refining it is even more so. For investment in infrastructure, etc, to be profitable within a reasonable timeframe (a couple of decades), the price of oil would need to be well above $70 a barrel consistently for over 20 years.
It is estimated that the investment required for Trump’s plans regarding Venezuelan oil would be minimally competitive at $200 billion. Putting that kind of money into an unstable region with no guaranteed return for more than two decades is not something that attracts investors or capital.
I suppose the pedophile believes that all extracted oil has the same quality because oil is oil, right?
brianzuvich on
If they wanted to, they would already be involved in Venezuela… What was stopping them before? Even criminals like money…
totalahole669 on
Demand for oil is down. Why would they want to invest money into increasing supply when it will drive the price of their product down?
Oddman80 on
not surprised – they were probably like – Benn there/Done That – and then they kicked us out after we built up their infrastructure, when they nationalized the oil industry in Venezuela.
its not like the removal of Maduro somehow changed the law of the land that is in effect – the oil industry is still nationalized.
cra2ytig3r on
Why should they invest in anything under trump? When they just going to lose it all in 3 years, under the next president, cause it’s all illegal.
keithfoco70 on
Yea, they’ve already committed to Canadian oil. Not a very well thought out plan.
Kirikenku on
Great, another fucking mess that won’t get cleaned up.
Boojum2k on
They don’t think his regime is going to last and don’t want to get the short end of the stick when it comes tumbling down.
just_bookmarking on
If they build refineries, could the next government just nationalize them again?
C0tt0nC4ndyM0uth on
Does anyone have legitimate proof that there is even that much oil there? From what I understand, this is something that Maduro started claiming but without evidence? Like it could actually just be complete BS the whole time?
SirGunther on
My theory is that Trump has always wanted to be an oil tycoon, and I use that phrase because it’s childish. Because Trump thought he finally could join the party if he gave them something they wanted. So therein lies why he could never be in oil… he thinks like a grifter. Even if oil is full of billionaires who are assholes… they’re still better at business than Trump.
jibbidyjamma on
“Trump is a fucking moron” fmr exxon mobil ceo/sec of state Rex Tillerson *probably still on their rolodex
44 Comments
Trump invaded Venezuela and kidnapped the president and his wife thinking the US oil companies would happily take over. That was his plan, which was not really having a plan, just a stupid idea.
You mean the oil companies don’t want to invest into a country that just got destabilized by the US military invading it and leaving a power vacuum?
Who would’ve guessed they wouldn’t want to commit?
Isn’t Trumps dictating the means of production against everything Republicans are supposed to be for?
But Trump just announced that they agreed to spend 100s of billions on Venezuela infrastructure. He wouldn’t lie about that, would he? /s
Lol oh please, they’re slow playing this. They want Trump to up the incentives so they can milk it for all its worth. They are going to make out huge with this and everyone fucking knows it.
Of course. All of this goes away when Rump does. Everything this guy has done is getting rolled back as soon as the midterms.
They don’t want to be indebted to USA’s mafia boss? How odd…
US got to be the dumbest nation in the world
Trump is struggling to convince successful businessmen, something he isn’t, into believing his rendition of making a silk purse out of a sow’s ear story, about the oil industry in Venezuela. His salesmanship skills are waning in veracity.
In true narcissist fashion he said “well if you dont want to do it, I have 25 others that want to be here.”
The best response to that is to say, yeah who are these 25 people? Name them. They will stumble and not have a single name, ask me how I know.
Good.
Don’t believe for one minute that the oil companies are going to use their own money to set up infrastructure in Venezuela. It’s going to be taxpayer money through tax exemptions and subsidies.
Entering into a long-term investment of multiple billions of dollars, in a foreign country with a recently toppled leadership, based on actions and statements from an unstable, unhealthy, mentally questionable 79 year old unpopular politician does not seem like a wise business decision.
Go figure.
Who wants to bet they are waiting on taxpayer money to fund operations while they receive all the profits. Surely they would be more “committed” at that point 🫠
You mean Trump seized something no one has interest in? Wouldn’t be the first time
And he’s surprised because their lobbyists bribed the hell out of his people first, and he called them before the invasion to inform them so they could kiss his ass. (And didn’t inform Congress as The Law requires).
When did this Clown Car Collective ever think anything through?
Is Trump defensive and deflecting…or just demented and easily led? 25 for 47…
It was much easier for Trump to shut down green energy (solar tax credits, wind energy, EV tax credits) to benefit the oil companies. This is almost comical.
Trump Administration is so inept that they even flunked the classic American cronyism playbook.
Guys, you’re supposed to line up the commitments in all those smoke-filled backrooms y’all hang out in. THEN go and violate another nations sovereignty.
Yes, but those epstein files would be nice to see
I was more surprised that he was able to read.
one of his asskissers will simply start an oil company. Musk is probably looking into that right now.
Aside from the obvious risk of investing in a country that is likely to nationalize the assets as soon as they can, there’s the risk of getting boycotted by consumers who disagree with invading a country to seize their oil.
Dont show this to Venezuelans they will freak out specially the ones leaving outside of venezuela, they think Trump is their savior. I heard one say “Donald Trump has done more for Venezuela in one month than the UN in 26 years”
Foresight. They’re not going to invest in a venture that could collapse in 3 years.
I vote for MAGA to go work those oil fields and plants in Venezuela since they seem it is such an amazing thing
Their legal teams are going “the world isn’t going to like this and anything we invest is probably lost when he dies and JD ‘Peter Thiel uses my asshole to activate my puppet strings’ Vance won’t necessarily care about Venezuela”.
Because they need a boots-on-the-ground full scale invasion to secure their investments (and people).
These oil executives, they are well beyond Trump’s three years. They will play the long game and stay friends with Trump., but they have already matured their language and actions to incorporate, climate change and local governments,
They don’t want to be seen as bandits on Trump’s team .
History tells us this is a bad bet for big oil. Think Fordlandia in Brazil.
Only takes 100 Venezuelan rebels loyal to Maduro to make it virtually impossible to come in and get the oil. Random attacks on staff, blowing up trucks and oil plants.
I bet it’s that Trump wants a large percentage or finders fee and he is just so greedy that it’s not worthwhile to deal with him especially knowing he may renegotiate the secons they build out hundreds of millions in infrastructure.
Venezuelan oil is extremely heavy. Extracting it is expensive, transporting it is expensive, and refining it is even more so. For investment in infrastructure, etc, to be profitable within a reasonable timeframe (a couple of decades), the price of oil would need to be well above $70 a barrel consistently for over 20 years.
It is estimated that the investment required for Trump’s plans regarding Venezuelan oil would be minimally competitive at $200 billion. Putting that kind of money into an unstable region with no guaranteed return for more than two decades is not something that attracts investors or capital.
I suppose the pedophile believes that all extracted oil has the same quality because oil is oil, right?
If they wanted to, they would already be involved in Venezuela… What was stopping them before? Even criminals like money…
Demand for oil is down. Why would they want to invest money into increasing supply when it will drive the price of their product down?
not surprised – they were probably like – Benn there/Done That – and then they kicked us out after we built up their infrastructure, when they nationalized the oil industry in Venezuela.
its not like the removal of Maduro somehow changed the law of the land that is in effect – the oil industry is still nationalized.
Why should they invest in anything under trump? When they just going to lose it all in 3 years, under the next president, cause it’s all illegal.
Yea, they’ve already committed to Canadian oil. Not a very well thought out plan.
Great, another fucking mess that won’t get cleaned up.
They don’t think his regime is going to last and don’t want to get the short end of the stick when it comes tumbling down.
If they build refineries, could the next government just nationalize them again?
Does anyone have legitimate proof that there is even that much oil there? From what I understand, this is something that Maduro started claiming but without evidence? Like it could actually just be complete BS the whole time?
My theory is that Trump has always wanted to be an oil tycoon, and I use that phrase because it’s childish. Because Trump thought he finally could join the party if he gave them something they wanted. So therein lies why he could never be in oil… he thinks like a grifter. Even if oil is full of billionaires who are assholes… they’re still better at business than Trump.
“Trump is a fucking moron” fmr exxon mobil ceo/sec of state Rex Tillerson *probably still on their rolodex