The reality of Venezuela’s oil situation, as communicated by the Exxon CEO during a White House meeting with Trump, is stark: “uninvestible” for now. It’s a phrase that cuts through the political rhetoric and gets to the heart of the matter. You get the sense that the oil executives were trying to navigate the situation with diplomatic finesse, but the core message was clear: Venezuela presents a huge challenge to any investment in the current climate.
It seems the oil companies were always going to play it safe, and the US taxpayer would have to fund any changes required. This sentiment underscores a fundamental truth about big business, it does not like unnecessary risk.… Continue reading
Trump says he tipped off oil companies on Venezuela attack, and the implications of this statement are staggering, really. It’s almost too absurd to believe, isn’t it? The core of the issue, as presented here, is that Trump, apparently, made sure oil companies were in the know about a military action against Venezuela, a move that potentially gave them an unfair advantage in the subsequent exploitation of the nation’s resources. The fact that he allegedly shared this information with the oil industry before informing Congress – the body with the constitutional power to declare war – raises immediate red flags. It suggests prioritizing the interests of private entities over national security and the rule of law.… Continue reading
President Trump revealed he informed American oil company heads about the US military’s attack on Venezuela before it occurred, a move experts have deemed illegal. This admission, made without consulting Congress, has sparked condemnation. Critics argue that the administration prioritized oil companies over lawmakers, potentially to benefit donors. While Trump claimed the oil companies are eager to invest, experts express doubts about their willingness to commit significant funds given the country’s instability and infrastructure needs.
Read More
President Trump revealed he informed oil companies about plans to attack Venezuela and abduct its leader, Nicolás Maduro, prior to the operation, while neglecting to notify Congress. Trump stated that the oil companies would play a crucial role in revitalizing Venezuela’s infrastructure post-capture, and the US would be “in charge”. The move has sparked criticism from Democrats who argue the operation constitutes an illegal declaration of war and is motivated by financial gains for Trump’s associates and the oil industry, not national security. Maduro is scheduled to appear in a New York courtroom on drug and weapons charges.
Read More
The Russian government will hold an emergency meeting with oil companies on August 14th to address the significant surge in fuel prices. Gasoline prices have risen substantially since the beginning of the year, prompting officials to consider measures like increasing fuel sales quotas. This price increase follows a ban on gasoline exports and is exacerbated by Ukrainian drone strikes on Russian oil refineries, which are critical for Moscow’s revenue. The disruptions to refinery operations have further strained the domestic market and contributed to the rising prices.
Read More
Matt Underwood 
John Q. Hosedrinker