With no infrastructure, and ten years of massive investment needed, I read.
The idea that oil in Venezuela is particularly attractive to anyone is patently absurd. Crude oil prices are already at uncomfortable levels for producers with significantly higher margins, and the situation isn't going to get any better.
>and is starting a war over it
Anyone who in 2025 still blindly believes what Donald Trump says is an idiot. And even if that were true, you'd still be an idiot for assuming that Trumps motivations are grounded in reality.
So why was US oil companies moving in specifically mentioned during the takeover if their oil is sooooo worthless?
Oh wow, we're in 2026 already.
It then goes on to note that output could be more than doubled in two years. That alone would put them as the 11th largest oil producer and the third largest in the Americas. The decade timeline and budget was for creating maximalist infrastructure for fully exploiting the resources.
The strongest proof that the article has that trump isn’t interested in oil is his word that he isn’t interested in oil. How much faith do you put in Trump’s honesty?
I don’t doubt that other motivations exist. I do not think that the US would have gone after them if they did not have oil. I do not think the US government would be crowing about all the money they will finally be able to make with oil, if that wasn’t a motivation.
The greater good of whom? Regardless, we have international organizations where action can be taken by a coalition is states, which provides not only legitimacy but also some level of judicial control.
This is so obviously an imperialist power play for the world's largest oil reserves. That some would portray this as acting for the greater good is beyond ridiculous.