US-Venezuela Oil Deal: Extortion Disguised as Export, Critics Say
Venezuela to export $2 billion worth of oil to US in a deal with Washington, and immediately, the first thing that jumps to mind is, $2 billion? In the grand scheme of things, in the context of the U.S. budget and even in the context of the enormous resources at stake, it feels… insignificant. It’s like a rounding error. The cost of all the machinations, the political maneuvering, and likely the military operations, seems far, far greater. We’re talking about a lot more than a simple transaction.
Venezuela to export $2 billion worth of oil to US is essentially the story here, and it’s mostly about what one person said, and who that person is – former U.S.… Continue reading