Venezuela

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Venezuela

2020 Sep 4, 11:54am 7,178 views 308 comments

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.

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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.

141

RWSGFY 2026 Jan 3, 7:28am

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.

146

Booger 2026 Jan 3, 9:05am

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?

149

Ceffer 2026 Jan 3, 9:38am

150

Ceffer 2026 Jan 3, 9:39am

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.

152 KgK one 2026 Jan 3, 9:59am

Next us supported prime minister of venezuela.

Venezuela has one citizen who won the Nobel Prize: opposition leader María Corina Machado, awarded the 2025 Nobel Peace Prize for her fight for democracy against the Maduro regime, though she secretly traveled to receive it after escaping a government crackdown. Another Venezuelan-born figure, immunologist Baruj Benacerraf, won the Nobel Prize in Physiology or Medicine in 1980, notes Wikipedia.
María Corina Machado (2025 Nobel Peace Prize)

153

Ceffer 2026 Jan 3, 10:36am

The predictable and tedious fog of bullshit begins again.

154

Ceffer 2026 Jan 3, 10:41am

155

Ceffer 2026 Jan 3, 10:50am

Were that many soldiers on Epstein Island?

156

Ceffer 2026 Jan 3, 10:53am

157

Ceffer 2026 Jan 3, 10:54am

158

TheAntiPanicanLearingCenter 2026 Jan 3, 11:10am

WW4!!! OMG!!! War Powers Act!!! Troops ONDA Ground!!! Leave my Sino-Russo-Iranian-Cartel catspaw alooooooonnnne. Ignore the Monroe Doctrine!! National Borders are imaginary but don't violate them! Don't disturb my cheap labor and drugs going across my imaginary pea packing plant's private borders for cheap labor!!!

159

TheAntiPanicanLearingCenter 2026 Jan 3, 11:14am

- zero media leaks
- successful strikes completely level primary airbase
- bomb the corpse of Hugo Chavez for fun
- capture Maduro like batman or something
- Panicans big mad
- Leftists big mad
- EU wimps big mad
- China big mad
- Ayatollah big mad
- Russia big mad

I love it!

160 mell 2026 Jan 3, 11:16am

https://youtube.com/shorts/Yt02GqkL0AM?si=3hMI72iFVhvXHPhZ

161

TheAntiPanicanLearingCenter 2026 Jan 3, 11:20am

BTW, this means the Venezuelans can go home and no more refugee TPS needs be issued.

162 FortWayneHatesRealtors 2026 Jan 3, 11:26am

TheAntiPanicanLearingCenter says

- zero media leaks
- successful strikes completely level primary airbase
- bomb the corpse of Hugo Chavez for fun
- capture Maduro like batman or something
- Panicans big mad
- Leftists big mad
- EU wimps big mad
- China big mad
- Ayatollah big mad
- Russia big mad

I love it!

No one is mad, it’s all in your head man. Whatever keeps you going, keep the dream alive.

163 mell 2026 Jan 3, 11:34am

Arrest walz next let's keep the momentum. Put him in a cell with Niklas. Free Minnesota next, now!

164

TheAntiPanicanLearingCenter 2026 Jan 3, 11:37am

FortWayneHatesRealtors says

No one is mad, it’s all in your head man. Whatever keeps you going, keep the dream alive.

FortWayneHatesRealtors says

You seriously think we are altruistic and trying to improve Venezuela?

FortWayneHatesRealtors says

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

Indeed

mell says

Arrest walz next let's keep the momentum. Put him in a cell with Niklas. Free Minnesota next, now!

Yep!

165

TheAntiPanicanLearingCenter 2026 Jan 3, 11:39am

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.

"International Order" - where the DC Consensus and the ECHR/UN decides what is good and bad and the US spends all the money and blood to "fix" it, is over.

Back to normal Geopolitics.

Like our beautiful, all-American Monroe Doctrine.

166

RWSGFY 2026 Jan 3, 11:44am

Billionaire Oleg Deripaska fears that by seizing control of Venezuela's oil reserves, the Americans could devastate Russia's budget revenues.

"If our American 'partners' get to Venezuela's oil fields (and they've already got to Guyana's), they'll control more than half of the world's oil reserves. And apparently, their plan is to ensure that the price of our oil doesn't rise above $50 per barrel," Deripaska wrote on social media.

167

Ceffer 2026 Jan 3, 11:48am

"...rendered powerless". All those fancy Russian anti aircraft and missile defenses were either neutered, or were ordered down. If they were neutered, what was the secret weapon(s)? Space Force magic?

168

Ceffer 2026 Jan 3, 11:51am

"Leak", of course, is soft shoeing the ongoing treasons from Congress. Will Trump be using more lively terminology in the future? The whole Deep State apparatus is rearing back on its heels in fear I would imagine.

169 FortWayneHatesRealtors 2026 Jan 3, 11:52am

mell says

Arrest walz next let's keep the momentum. Put him in a cell with Niklas. Free Minnesota next, now!

And Illhan Omar too

170

Ceffer 2026 Jan 3, 12:01pm

He hit CCP/Cuba puppeteers, International Fourth Reich CIA (as opposed to local loyal CIA), Brennan and his election fraudsters, the crime syndicate income streams to the Rockefellers, City of London and the Euro Dragons etc., cut off CCP zone of influenc and infiltrtion to the Western Hemisphere, impeded an organ of international terrorism exports from Iran etc. etc. in one blitzkrieg.