Re:Venezuela's capital hit by explosions, smoke seen
by goatlover on Saturday January 03, 2026 @11:28AM
(#46478475)
Sanctions had nothing to do with this?
Re:Venezuela's capital hit by explosions, smoke seen
by selectodude on Saturday January 03, 2026 @12:17PM
(#46479098)
Not really. VZ oil production peaked in 2012, long before the sanctions.
Re:Venezuela's capital hit by explosions, smoke seen
by isr on Saturday January 03, 2026 @01:06PM
(#46479640)
Completely dishonest answer. Sanctions decimated Venezuela's ability to maintain its oil infrastructure. Everything, from machined parts, to the various chemicals needed, everything, was affected.
It just took a few years for the sanctions to bite, as the Venezuelans conserved & used stockpiles.
Again, a completely dishonest take. Speaks volumes, when most defenders of todays criminality keep spouting arguments to this effect.
Re:Venezuela's capital hit by explosions, smoke seen
by selectodude on Saturday January 03, 2026 @02:29PM
(#46480544)
Venezuelan oil production was cratering years before the first oil sanctions because they replaced everybody who knew how to drill oil with loyalists. I didn’t realize this was debatable.
Re:Venezuela's capital hit by explosions, smoke seen
by brohee on Saturday January 03, 2026 @05:35PM
(#46482440)
Replacing all competent but ideologically unreliable people by reliable but incompetent people got more to it. See "Politicization" in
https://en.wikipedia.org/wiki/PDVSA?wprov=sfla1
The oil production there is completely decimated. They have huge reserves but production is low and falling because the regime doesn't do any maintenance or support of anything in the oil production and supply chain. It is very much the meme of "living in the ruins of a once great society".