7
0

Venezuela


               
2020 Sep 4, 11:54am   8,313 views  343 comments

by AD   follow (0)  

Venezuela’s oil industry—rich in reserves, a crucial Allied resource in World War II, a founding member of OPEC—is grinding toward a halt.

Venezuela has greater oil stores than any other country. But after years of corruption, mismanagement and more recently U.S. sanctions, its oil output has dropped to a tenth of what it was two decades ago.

From Lake Maracaibo in the west to the Orinoco oil belt in the east, abandoned wells rust in the sun as looters scavenge the metal. The last drilling rig still working in Venezuela shut down in August. The country is on course, by the end of this year, to be pumping little more oil than the state of Wyoming.

“Twenty percent of the world’s oil is in Venezuela, but what good is it if we can’t monetize it?” said Carlos Mendoza, an ambassador under the late socialist president Hugo Chávez, who enjoyed an oil bonanza when prices were high but starved the industry of investment and maintenance funds.

“We’re entering a post-oil era,” Mr. Mendoza said.

While petroleum is under stress world-wide from climate-change concerns and the rise of wind and solar power, what is happening to oil in Venezuela goes far beyond the global industry’s troubles. It is an existential crisis for a country long dependent on oil for nearly all of its hard-currency earnings.

This year, Venezuela’s oil income will probably fall below the limited funds coming in from other sources such as gold mining and overseas workers’ remittances, said Luis Vicente León, an economist and pollster. Venezuela’s economy is likely to shrink more than 30% this year from the oil collapse plus the pandemic, says Ecoanalitica, a Caracas business consulting firm.

« First        Comments 318 - 343 of 343        Search these comments

318   FortWayneHatesRealtors   2026 Jan 6, 5:39pm  

Ceffer says

Democrats in Congress have filed a motion to appoint Maduro as a Federal Judge. He fits the ideal profile.


How is he any different from current NY mayor? Sadly lines are blurry these days.
319   Ceffer   2026 Jan 6, 7:46pm  

Hmmmm. Maybe it was extraordinary rendition.

323   FortWayneHatesRealtors   2026 Jan 6, 7:54pm  

Ceffer says






Mexico has oil, and it’s also nationalized.
324   TheAntiPanicanLearingCenter   2026 Jan 6, 8:12pm  

I love OIl! The more on the market the better. The less US owned oil rights/facilities nationalized the better.

Energy is the lifeblood of the modern world, the reason we aren't 95% barely self-sufficient farmers.

Also, Commies were killed as an added bonus:


325   AD   2026 Jan 6, 8:45pm  

TheAntiPanicanLearingCenter says

Energy is the lifeblood of the modern world


about 1.6 trillion barrels in proven oil reserves

about 100 million barrels of oil used each day (20% of that is USA)

so around 16,000 days (or 44 years) of oil remaining based on 100 million barrels daily consumption rate


326   Patrick   2026 Jan 6, 11:02pm  

AD says


about 1.6 trillion barrels in proven oil reserves


@AD But it's not static.

About 2% of oil reserves are consumed each year, but about 0.75% in new reserves keeps being found each year.
327   Ceffer   2026 Jan 6, 11:07pm  

Looks like an American nursing home clearing out to get a Soros paycheck for protesting.
328   Ceffer   2026 Jan 6, 11:08pm  

AI is getting out of control.
330   KgK one   2026 Jan 7, 10:35am  

Pastor, God wants oil. God promises all kind of things to only their beliver. Even after destroying many cultures and religions by Muslims n Christians, there are still 3500 religions each of their God telling them what to do.

https://www.instagram.com/reel/DTLjxoeEoa4/
331   Ceffer   2026 Jan 7, 12:18pm  

Beneath every pile of steaming shit are the Brits and the City of London. Canada: the Venezuela of the North, with COL's CCP proxy and Carney their bankster.

"You can't separate the international drug trade from Global Finance (City of London)"
In 1960, the largest banking houses in London set up 14 completely secret banking secrecy jurisdictions in the Caribbean. Offshore banking was set up by the British. They are illegal, unregulated, under no flag and they facilitate the operation of illegal activity to the tune of 50 to 70 trillion dollars.

https://prometheanaction.com/the-monday-brief-while-you-watched-venezuela-trump-quietly-put-canada-on-notice-january-5-2026/



X.COM VIDEO LINK



333   Ceffer   2026 Jan 7, 1:02pm  

Trump telegraphed Maduro central casting with all of his different outfits. Now, there is even a 'steal his look' thing with all the costumes Maduro was wearing.

Also, LOL, Maduro coifing is an imitation of Joseph Stalin.

Maduro Stalin Miles Mathis pdf
334   Ceffer   2026 Jan 7, 2:10pm  

Bodacious.



336   Booger   2026 Jan 7, 2:14pm  

Cuba confirms that during Nicolás Maduro’s capture, special forces eliminated all 32 of his Cuban guards.
338   HeadSet   2026 Jan 7, 7:52pm  

Booger says

Cuba confirms that during Nicolás Maduro’s capture, special forces eliminated all 32 of his Cuban guards.

Why would Cuba confirm that? Sounds like something they would like to keep secret.
339   Patrick   2026 Jan 7, 10:58pm  

https://barsoom.substack.com/p/the-caracasian-cut


America has seized control of Venezuela’s vast oil reserves, the largest in the world, and at a stroke applies crippling pressure to the economies of China, Iran, and Cuba (who were Venezuela’s best grey-market customers), as well as to the economies of its adversary Russia and its wayward sibling Canada (both of which depend for their prosperity upon high oil prices). Both China and Russia have been deprived of a key New World ally, and thus the Monroe Doctrine is reasserted, and foreign powers pushed out of Washington’s sphere of influence. A hostile communist government has been decapitated, opening the way for the millions of Venezuelans displaced by Bolivarian tyranny, refugees whose presence has destabilized Venezuela’s neighbours for many years now, to return home.




To be sure, there is still great uncertainty. Hugo Chavez’ tomb may have been destroyed, but his Bolivarian regime is still largely intact, his apparatchicks remain in control of Venezuela’s state apparatus and military, and his terrorist colectivos still control the streets of Caracas.

Trump’s declaration that America now owns Venezuela’s oil feels a bit premature. Can one really claim control, without boots on the ground? I confess that it is not at all clear to me exactly how this is all supposed to work. Perhaps it is meant to function through pure intimidation: whoever ends up assuming power in Venezuela, they will know that if they don’t do as they’re told, they might be next, and perhaps will not be given the grace of an arrest and a show trial but simply executed without warning by drone; meanwhile, America offers itself as the sole legitimate customer for Venezuela’s sole marketable product, while providing its oil industry engineers to rebuild (and assume control of) infrastructure fallen into disrepair following Chavez’ nationalization and subsequent decades of neglect and mismanagement. Trump holds out one hand in an offer of assistance and mutual benefit, while holding back his other curled in a mailed fist, a threat made plausible by the fact that he just punched them hard in the mouth. ...

The message to Washington’s European vassals is that America is playing hardball, again. The rules-based international order is a thing of the past. America will do what it is in America’s interests to do, because America has the power to do it. To start with, Greenland is on the table again. The US probably won’t take it from Denmark at gunpoint, although it easily could, and if it has to it will, which the Danes are now acutely aware of. Acquiring Greenland is a matter of national security: virtually every flight path from Eurasia to North America passes over the island. Much more likely than annexation, however, is that the US will woo Greenland’s Inuit population, offering them cash money and citizenship in exchange for recognition of American sovereignty ... which America already de facto has, given that the infrastructure and military installations on the island are all American in any case. As for the Danes – who have done nothing whatsoever with the land mass since the early Middle Ages – they would be well advised to take whatever Trump offers in trade, and be grateful. They’ll still be able to visit, not that many of them have ever bothered. ...

Rather than attempting to grind their way through tens of thousands of Venezuelan soldiers, with all the carnage and wreckage that would entail, the US military simply conducted a decapitation strike. They cut the head off of the snake, and with that one act threw not only the Venezuelan government, but governments all over the world, into terrified disarray. ...

Consider the technical prowess that the raid on Caracas required, the flawless coordination of a huge number of moving parts, each of which had to play its role impeccably.

CIA intelligence assets infiltrated the country months beforehand: they had to gather detailed intelligence on Maduro’s movements, habits, and defences, while evading detection. ...

This was no cake-walk. Maduro was guarded by dozens of supposedly elite Cuban officers; America’s spec ops team cut them down in minutes, without taking a single casualty.

The absurdly complex operation was executed with smooth perfection. It is probably the most impressive feat of combined arms that has been seen in living memory. It was both a tactical coup and a strategic masterpiece, rearranging the geopolitical chess board in America’s favour with one decisive cut. Not only that, but it was incredibly civilized. For all the mewling about violations of fictive international lawl, no one could help but notice that casualties were kept to an absolute minimum. Not a single American death; Venezuela and Cuba combined lost some 50 or 60 military personnel; there were only 2 civilian casualties. ...

It is the same American military that, until just a year ago, was struggling to fill its ranks, because the warrior class had concluded that it was not a military worth belonging to, that a government which held them in such contempt was not a government worth fighting for.

Only one thing changed: a year ago, when Trump won the election, the American state was decapitated.

Because Trump won the election, he could fire the fat bureaucrat Lloyd Austin as Secretary of Defence, and appoint in his place the energetic, muscular young Hegseth as Secretary of War. Because Hegseth was the Secretary of War, he could begin eliminating the dross of the Cancelled Years and refocus the American military on its actual mission.

It turned out to be that simple. Change the leadership, replace the dance troupe of hollow men and men in dresses that has cavorted through the halls of power for far too long with platoons of competent men, and allow the competent men to do what they know how to do, without interference from politicians, lawyers, and ideologues. Just point them in the right direction and get out of their way.

Elite circulation is the Fix Everything switch.




A bunch of extraordinarily capable people inside the services just put their heads down and kept going. A military that couldn’t plan or execute…could. The Mark Milleyfication of the American armed forces was imposed and discardable, a Potemkin transgendered village. ... This is both heartening and tragic to see. It means that we’re in better shape today than we thought we possibly could be, but it also means that a brutal twenty-year shambles was entirely avoidable. ... The weight of the symbol machine could always just be tossed aside. We didn’t have to put up with any of this.

Now the truth is plain.

Decline is a choice.

A choice being made, every day, in every way, by the usurpers and pretenders who insinuated themselves into the key nodes of power and influence in our societies so that they could murder our civilization with malice aforethought while claiming that it is succumbing to natural causes in its senesence.

Mass third world invasion is a choice. Economic sabotage in the name of preventing the weather from changing is a choice. Ruining the lives of young men with DEI is a choice. Blackwashing our history and mythology is a choice. Predatory taxation is a choice. Overregulation is a choice. Brainwashing the young to hate themselves is a choice. Yasslighting the young women into choosing girlbossery over family is a choice. Sacrificing the lives of the young to the fears of the old during the COVID lockdowns was a choice.

Allowing the incompetent to run things in the name of ‘social justice’ is a choice, and the contrast between the litany of inept fumbles that has resulted in and the smooth professionalism on display in the Caracasian raid has thrown the consequences of that choice – and the consequences of its alternative – into sharp relief.

And all we have to do to reverse the decline is decapitate the beast, put the right men in charge, and everything will follow naturally from there. Nature will begin to heal, as surely as Yellowstone’s ecology repaired itself once wolves were returned to their rightful place at the predatory apex. ...

Trump was already popular with the trigger-pullers; in the afterglow of Operation Absolute Resolve, they are probably burning incense to his effigies in the barracks. As Roman history tells us, the support of the legions is often politically decisive on the home front, particularly when there are influential enemies at home with whom the sovereign can deal only by declaring a state of exception.
340   Ceffer   2026 Jan 7, 11:22pm  

Damn you, CGI! Now all the merchandisers are going to run 'steal his pajama look' campaigns.
341   Ceffer   2026 Jan 7, 11:26pm  

Damn you, CGI! Now merchandisers are going to mount "steal my bathtub" decor campaigns.
343   Patrick   2026 Jan 8, 10:22am  

https://truthsocial.com/@realDonaldTrump/posts/115856078669121098


I have just been informed that Venezuela is going to be purchasing ONLY American Made Products, with the money they receive from our new Oil Deal. These purchases will include, among other things, American Agricultural Products, and American Made Medicines, Medical Devices, and Equipment to improve Venezuela’s Electric Grid and Energy Facilities. In other words, Venezuela is committing to doing business with the United States of America as their principal partner – A wise choice, and a very good thing for the people of Venezuela, and the United States. Thank you for your attention to this matter!


What oil deal?

« First        Comments 318 - 343 of 343        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   users   suggestions   gaiste