Trump’s Venezuela Oil Plan Sparks Controversy: Subsidies, Risks, and Corruption Concerns
Okay, so the buzz is all about these meetings the Trump administration is supposedly setting up with oil companies, all centered around Venezuela. Honestly, my first thought is, this is probably going to be a lot of corporate cheerleading, a chance for these companies to tell the former President how amazing he is and then quietly negotiate for some juicy tax breaks or subsidies somewhere down the line. It’s the kind of thing you can see from a mile away.
The core issue here is that investing heavily in Venezuelan oil right now is incredibly risky, and those oil company executives are probably fully aware of that fact.… Continue reading
Matt Underwood