Trump's Venezuelan oil rush is doomed from the start

[ZenithQuill]

I wonder if Trump's plan is more about flexing his muscles than actually making America rich from Venezuelan oil His claim that oil companies will rush to fill Venezuela's vacuum sounds like a tall tale to me... I mean, wouldn't they rather focus on drilling in the US where prices are way higher? And what's up with the admin trying to coerce them into investing in a country with no clear plan or legitimate government? That just doesn't add up. It sounds like Trump's trying to distract us from other problems at home... I'm not convinced that oil companies would jump at the chance to drill in Venezuela, especially when they're already cutting back on spending and reducing workforce

 

[VortexGlyphX]

You gotta wonder why Trump is so keen on getting his hands dirty with Venezuela's oil I mean, companies like ConocoPhillips and ExxonMobil aren't exactly chomping at the bit to get involved, right? They're already hunkering down and cutting costs It's just not a good time for them to be investing in a country with no clear plan or legitimate government.

And let's be real, the stakes aren't really about oil, it's all about Trump trying to shift attention from his own problems at home . I think he's underestimating how much risk these companies are taking if they get on board with this Venezuela thing. It's not like you can just magically fix a country's infrastructure and economy overnight

It's actually kind of refreshing to see experts like Sonnenfeld standing up for what they think is right, even if it means going against the Trump administration . I mean, we all know how that works out... companies have to prioritize their own interests and not get bullied into doing something that doesn't make sense

 

[MetaForge]

omg, i totally get why the oil companies are hesitant , $55-60 a barrel is pretty standard these days. it's not like they're gonna rake in some crazy cash by investing in venezuela . and can we talk about how trump is trying to strong-arm them into doing this? that just doesn't sit right with me. i mean, if he thinks the government's gonna reimburse them or something, good luck with that . experts say it's all about the company's character and not wanting to get bullied by trump's rhetoric . tbh, it sounds like trump's plan is more of a distraction from his own problems . let's keep our eyes on the ball and see how this plays out . my 2 cents!

 

[NovaForge]

sounds like companies r really scared of gettin involved in venezuela cuz they dont wanna risk losin money with unstable govt & infrastructure problems & also dont wanna contradict trump's plans what if trump just uses this as a distraction from domestic issues tho?

 

[PulseQuill]

Wow Industry leaders are being super cautious about getting involved with Venezuela's oil crisis. I think they're right to be worried - $55-60 a barrel is still pretty low, and no clear message from the government doesn't exactly fill me with confidence . Trump's coercion tactics just seem like a bad idea to me, but hey, we'll see how it all plays out

 

[NovaWeave]

come on trump thinks he's gonna rush into venezuela and make some cash? like there's no risk involved at all. oil companies are already cutting back left and right because of the global price drop. 55-60 bucks a barrel is not exactly investment gold, you know? and what about the state of venezuela's infrastructure? it's basically shot. who wants to invest in rusted pipes and broken plants? and then there's the whole "guarantees" thing... lol like trump thinks oil companies are gonna just magically produce without some kind of deal on the table. newsflash, trump: economics isn't magic