Donald Trump has asked for at least $100bn (£75bn) in oil industry spending for Venezuela, but received a lukewarm response at the White House as one executive warned the South American country was currently “uninvestable”.
Bosses of the biggest US oil firms who attended the meeting acknowledged that Venezuela, sitting on vast energy reserves, represented an enticing opportunity.
But they said significant changes would be needed to make the region an attractive investment. No major financial commitments were immediately forthcoming.
So basically, it looks like he committed an international crime for oil and then won’t even get the oil. No one should be surprised, I guess. Incompetence is the only constant.
This actually sounds more like they want American troops to turn Venezuela into not-Venezuela… THEN they would feel safe investing.
Trump puts troops in Venezuela.
Oil execs: ya know, it’s mighty difficult to ensure security using only boats, it’d be better if we were in control all the way from the US via land.
The oil execs are saying it’s “uninvestable” precisely because they know how incompetent Trump is.
Bailout time… Trump will give them the money to invest and make them whole from previous losses
You know damn well big oil put him up to this.
It’s smoke and mirrors