7
0

Venezuela


               
2020 Sep 4, 11:54am   6,920 views  289 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 112 - 151 of 289       Last »     Search these comments

115   RWSGFY   2025 Dec 18, 1:47pm  

Venezuela 2025 covfefe was predicted in 2020: https://m.youtube.com/watch?v=g5KdibEvBH4&pp=ugUEEgJlbg%3D%3D
116   WookieMan   2025 Dec 18, 2:24pm  

FortWayneHatesRealtors says

Black gold is a curse.

Not really. The curse is the people who lead those countries and take it all for themselves quite literally. Then screw their citizens over via poor government because they got theirs.

Getting Venezuela on the right page is a win for its citizen and the world. Not sure what gas prices are on the west coast, but just drove through a suburban town and it was $2.79/gallon. Now imagine if VZ got their foot out of their own ass how much that would benefit our gas prices and prices on everything.

Either way someone else will step in and reap the benefits. Would you rather have it be someone from overseas? Because that's the alternative. Also you're not typing on whatever device you have without oil. It's a necessary evil that some ass holes take advantage of.
117   TheAntiPanicanLearingCenter   2025 Dec 18, 2:34pm  

Patrick says


Maybe Trump should just admit it.

I think he does.

As for the lack of refining in Venezuela:

One of the world's top 10 superefineries is in VZ. Built by Shell of course, Iran wants to buy.

Believed to be not as large as the world's largest in India, nor smaller than the Ulsan Refinery in South Korea, the largest in East Asia. Much larger in capacity than the largest in Texas, Baytown.

https://en.wikipedia.org/wiki/Paraguan%C3%A1_refinery_complex
118   RWSGFY   2025 Dec 19, 11:17am  

The Kommie Kunts are defiant:

MOSCOW (AP) — Papertigerian President Vladimir Pukin expressed “solidarity with the Venezuelan people” on Thursday amid growing tensions between Venezuela’s leader, Nicolás Maduro, and the Trump administration.

The Kremlin said in a statement that Pukin spoke with Maduro by phone and reaffirmed his support for Venezuelan leader’s policy of “protecting national interests and sovereignty in the face of growing external pressure.”
119   The_Deplorable   2025 Dec 20, 10:12am  

RWSGFY says
"The Kommie Kunts are defiant:"

Nonsense.

Today's Russia is not the Soviet Union.
120   RWSGFY   2025 Dec 20, 1:15pm  

The_Deplorable says


RWSGFY says

"The Kommie Kunts are defiant:"

Nonsense.

Today's Russia is not the Soviet Union.



It absolutely is: same KGB kunts in power, same worshipping of Stalin, even their fucking FM is prancing around in USSR sweater.





And, unlike Eastern European countries who renounced Kommie Kuntism they never went through the process of restitution and de-Kommunization. So everything of significance is owned by the same Kommie Kunts.

The Red Army is still flying the red Kommie Kunt flag and the Red Air Force still has red Kommie Kunt stars on their wings, not the tricolor roundel Russian AF used in WW1.





Still named as USSR in the UN Charter too.



https://www.un.org/en/about-us/un-charter/full-text

If it looks like a Kommie Kunt duck, walks like a Kommie Kunt duck and quacks like a Kommie Kunt duck - it's a Kommie Kunt duck, period.
121   RWSGFY   2025 Dec 20, 1:22pm  

What's next? Let me guess: you'll be telling me Pukin is not a pedo?
122   The_Deplorable   2025 Dec 20, 1:58pm  

Earlier I wrote: "Today's Russia is not the Soviet Union."

RWSGFY says
"It absolutely is: same KGB kunts in power, same worshipping of Stalin, even their fucking FM is prancing around in USSR sweater."

More nonsense.

Today Russia at the UN is called "The Russian Federation."

The name Union of Soviet Socialist Republics (USSR) ceased to exist in December 1991.
124   HeadSet   2025 Dec 21, 6:19am  

Are we the pirates? By enforcing sanctions?
125   FortWayneHatesRealtors   2025 Dec 21, 7:41am  

WookieMan says

FortWayneHatesRealtors says


Black gold is a curse.

Not really. The curse is the people who lead those countries and take it all for themselves quite literally. Then screw their citizens over via poor government because they got theirs.

Getting Venezuela on the right page is a win for its citizen and the world. Not sure what gas prices are on the west coast, but just drove through a suburban town and it was $2.79/gallon. Now imagine if VZ got their foot out of their own ass how much that would benefit our gas prices and prices on everything.

Either way someone else will step in and reap the benefits. Would you rather have it be someone from overseas? Because that's the alternative. Also you're not typing on whatever device you have without oil. It's a necessary evil that some ass holes take advantage of.


You seriously think we are altruistic and trying to improve Venezuela?
126   FortWayneHatesRealtors   2025 Dec 21, 7:42am  

HeadSet says


Are we the pirates? By enforcing sanctions?


We created those sanctions. This is Trump pressure tactics. He isn’t going to war, but show and pressure he will put on will be huge.

And how is common piracy any different from ours? We want their stuff, we simply take it with guns, and call it fair.
127   Tenpoundbass   2025 Dec 21, 7:47am  

The American/Globalist Communist can NOT have unlawfully elected sitting leaders. They must not be legitimized by entertaining that these strongarm dictators, are lawfully elected leaders. They provide material and psyop support to help then topple other free nations.

Fuck Maduro and his poison peddling go fast boats. I wont abide by the Communist getting rich off our youth's deaths.
Grow some balls god damn it, quit being such pussies, you wont get quarter for crying when they take over here.
128   UveBeenNudged1   2025 Dec 21, 1:21pm  

HeadSet says

Are we the pirates? By enforcing sanctions?



130   Ceffer   2025 Dec 30, 1:11pm  

So far, it's a relatively soft war with strategic aim at sources of income. The fleets deployed are blockades to foreign interference. The oil fields without storage or shipping capacity will have to stop pumping and their facilities will rapidly deteriorate. Oil wells can't stop pumping without infrastructure declining, requiring sometimes a year or years to replace.

So, two sources of income, drugs and oil, are shot to pieces with little land war at all. Old fashioned embargoes work. Comms disruptions breed confusion in the ranks, and the bounty on Maduro means he can't feel secure with his own generals.

It's warfare by digestion, blanketing and dissolution of the regime's lifebloods, as well as their utility to their Cuban, Iranian, Intel, Globalist and Chinese controllers and patrons.
131   FortWayneHatesRealtors   2025 Dec 30, 1:17pm  

Ceffer says

So far, it's a relatively soft war with strategic aim at sources of income. The fleets deployed are blockades to foreign interference. The oil fields without storage or shipping capacity will have to stop pumping and their facilities will rapidly deteriorate. Oil wells can't stop pumping without infrastructure declining, requiring sometimes a year or years to replace.

So, two sources of income, drugs and oil, are shot to pieces with little land war at all. Old fashioned embargoes work. Comms disruptions breed confusion in the ranks, and the bounty on Maduro means he can't feel secure with his own generals.

It's warfare by digestion, blanketing and dissolution of the regime's lifebloods, as well as their utility to their Cuban, Iranian, Intel, Globalist and Chinese controllers and patrons.


Trump can’t start an actual war without Congress. He can only make scary faces and pirate stuff.
132   Ceffer   2025 Dec 30, 1:31pm  

FortWayneHatesRealtors says

Trump can’t start an actual war without Congress. He can only make scary faces and pirate stuff.

Doesn't seem like that has stopped any prior Presidents. This is Monroe Doctrine embargo, smother, strangle, sanction strategy, until somebody on the inside of the cauldron begs for mercy and eliminates the sources of attacks on our country.
133   FortWayneHatesRealtors   2025 Dec 30, 1:41pm  

Ceffer says

FortWayneHatesRealtors says


Trump can’t start an actual war without Congress. He can only make scary faces and pirate stuff.

Doesn't seem like that has stopped any prior Presidents. This is Monroe Doctrine embargo, smother, strangle, sanction strategy, until somebody on the inside of the cauldron begs for mercy and eliminates the sources of attacks on our country.


It did stop. Without declaration he can’t invade. All he can do now, he’s doing.
134   Ceffer   2025 Dec 31, 10:26pm  

Pretty clear strategy so far. Narco money and oil money down the drain. If the oil fields stop pumping, the equipment will deteriorate into disuse atrophy.


135   TheAntiPanicanLearingCenter   2025 Dec 31, 10:42pm  

Tenpoundbass says


Grow some balls god damn it, quit being such pussies, you wont get quarter for crying when they take over here.

YUP.

Just like the Muslims won't spare their useful idiot allies if they took over. Just like China won't give us a break if we leave and they take over dominance of the Straits of Hormuz. Just like the Muslims didn't give a shit that Washington, Adams, and Jefferson desired peaceful relations with all when we refused to pay a Jizya for the safety of our Merchants overseas. Decatur had to burn the shit they stole and make them fear and tremble.
136   Patrick   2026 Jan 1, 8:03pm  

TheAntiPanicanLearingCenter says

Decatur had to burn the shit they stole and make them fear and tremble.


Thanks, didn't know about Decatur:

https://en.wikipedia.org/wiki/Stephen_Decatur


Shaler was in possession of a letter authorizing them to negotiate terms of peace with the Algerian government. Because of Decatur's great successes in the War of 1812 and for his knowledge of and past experience at the Algerian port, Crowninshield chose him to command the lead ship in the naval squadron to Algiers.

The US was demanding the release of Americans held captive as slaves, an end of annual payments of tribute, and finally to procure favorable prize agreements. Decatur was prepared to negotiate peace or resort to military measures. Eager to know the Bey's decision, Decatur dispatched the president's letter which ultimately prompted the Bey to abandon his practice of piracy and kidnapping and come to terms with the United States.
137   Ceffer   2026 Jan 2, 11:05am  

Looks like the Rockefellers are pressuring V to negotiate for the assets. The R's and Maduro will relent and regroup to destroy our country later?

138   Hugh_Mongous   2026 Jan 2, 4:24pm  

The Russian government has formally sent a diplomatic request to the US demanding that it stop pursuing an oil tanker bound for Venezuela.

The Russian request was delivered to the US Department of State late on Wednesday evening. It was also sent to the White House Homeland Security Council.


Who these fucks think they are?
139   RWSGFY   2026 Jan 2, 5:23pm  

How is our glorious Navy unable to catch some rusted-out hulk of a tanker for 2 or 3 days already? And why not bomb it like these drug boats were bombed? TACO?
140   FortWayneHatesRealtors   2026 Jan 3, 7:05am  

We just kidnapped their president to put on a show trial.
142   RWSGFY   2026 Jan 3, 8:12am  

FortWayneHatesRealtors says

We just kidnapped their president to put on a show trial.


We just arrested the Illegitimate so-called "president" we (along with the EU, Argentina and other LA countries) never recognized to try him on drug trafficking charges.
143   HeadSet   2026 Jan 3, 8:14am  

RWSGFY says

We just arrested the Illegitimate so-called "president" we (along with the EU, Argentina and other LA countries) never recognized to try him on drug trafficking charges.

Yes, Madero is more the head of a drug cartel that rook over a country than he is a president.
144   socal2   2026 Jan 3, 8:14am  

RWSGFY says

How is our glorious Navy unable to catch some rusted-out hulk of a tanker for 2 or 3 days already? And why not bomb it like these drug boats were bombed? TACO?


Looks like they were busy.

I think after obliterating Iran’s nuclear weapons program and now this, we can retire the dumb Democrat “TACO” talking point.
145   FortWayneHatesRealtors   2026 Jan 3, 9:05am  

RWSGFY says

FortWayneHatesRealtors says


We just kidnapped their president to put on a show trial.


We just arrested the Illegitimate so-called "president" we (along with the EU, Argentina and other LA countries) never recognized to try him on drug trafficking charges.


Never arrested Biden, so don’t know what you mean.
147   FortWayneHatesRealtors   2026 Jan 3, 9:19am  

Trump just said Rubio will be running Venezuela. Wild.
148   Booger   2026 Jan 3, 9:24am  

How did we manage to not throw Maduro out of a helicopter?
151   FortWayneHatesRealtors   2026 Jan 3, 9:41am  

Booger says

How did we manage to not throw Maduro out of a helicopter?


I am curious to see if some judge will suddenly require we free him. I doubt it, they don’t mess with CIA. But curious now.

« First        Comments 112 - 151 of 289       Last »     Search these comments

Please register to comment:

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