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Venezuela


               
2020 Sep 4, 11:54am   3,101 views  74 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.

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16   MolotovCocktail   2025 Oct 8, 9:38am  

AD says

MolotovCocktail says


So much for Trump not starting any new wars.


Venezuela and Coconut Head Maduro started the war. Trump is finishing it.
.


What war?

That's like saying Saddam Hussein started a war with us. He didn't. Especially when our dumbass ambassador told him the US would hsve zero problem with him invading Kuwait.
17   Ceffer   2025 Oct 8, 10:53am  

Venezuela already declared war (as did the CCP, Cuba, Serbia and the CIA) by interfering in our elections with the machines and election softwares, which is an act of war.

Cuba has run V for a while, and the Kommies have turned it from affluence to the predictable culture of terrorism and suffering deprivation. V is also an importer and purveyor of Iranian terrorism ( an offshoot of MI6 proxy terrorism).

There are a lot of reasons to go after V. Hemispheric stability is one. Keep out the CCP, Middle East, etc. carpet baggers creating platforms of invasion, choke off the drug revenues from the international crime cartels etc. etc. Oil and resources are kind of a sidecar advantage, you don't want them falling into the hands that are raised to strike our nation.
18   Patrick   2025 Oct 25, 9:53am  

https://www.coffeeandcovid.com/p/gerrys-revenge-saturday-october-25


If the South American cartels aren’t sweating yet, they soon will be. Last night, the New York Times ran a widely covered story headlined, “U.S. Deploys Aircraft Carrier to Latin America as Drug Operation Expands.

It’s not just ‘a carrier.’ Carrier Strike Group 12, which includes the brand-new (2017) carrier Gerald R. Ford, plus five guided-missile destroyers, plus support craft and jets, plus (possibly) one or more stealth attack submarines, is now sailing toward the sunny shores of South America. Here’s how the Times’ explainer article petulantly described the historic assignment:

Does the Navy normally deploy carriers to the Americas?
No.

Bwahahaha. In other words, the US Military is finally being used to defend America rather than some godforsaken hellhole ten thousand miles away in the desert. And the Times hates it. ...

Seriously, though. Did we build all this military might to protect America? Or to police the Middle East?

The Times noted that the Ford’s massive weapons platform will allow the Navy to launch airstrikes against land-based targets. “The U.S. military,” the Times reported, “has prepared a list of drug facilities in Venezuela that it could strike, and presented the package to Mr. Trump.” ...

All by itself, the Ford’s re-assignment has caused liberals to lose their ever-lovin’ minds. (Sky News headline: “US accused of ‘inventing a war’ as it moves largest aircraft carrier to South America.”) Meanwhile, this week, cartel-affiliated Venezuelan president Nicolas Maduro literally begged for peace...

In a mocking tone belying his words, and in classic strongman diction (and in broken English), Maduro un-lyrically demanded, “Not war, not war, not war—just peace, just peace. No crazy war, please, please, please. Yes to peace, yes to peace forever, peace forever.”

It wasn’t a poem. That’s just how he talks.

The corporate media is just barely beginning to grapple with its historic and hypocritical cheerleading for President Barack Hussein Obama’s “extrajudicial” drone strikes that even killed innocent civilians at weddings and stuff (officially: collateral damage). So bold! So courageous! So presidential!

Their awkward explanation is shaping up to be, and I can hardly type this without guffawing like a hyena huffing laughing gas, that Obama’s strikes were different— because they were more transparent than Trump’s. I am not making that up. Plus “norms and customs.”
19   DemoralizerOfPanicans   2025 Oct 26, 12:05am  

There's a CHYna angle to all this as well.
20   Misc   2025 Oct 27, 5:11am  

I'm already tired of the CIA propaganda Great the NYT is for deployments against Venezuela. Good luck trying to get America behind any kind of serious military assault. Now the CIA is polluting the rest of the Blogoshere with their crap opinion writers. Can't we just furlough them like the rest of the bureaucracy ???
21   Ceffer   2025 Nov 3, 9:35am  

"Narco terrorist, narco terrorist! Watcha gonna do when they come for you?" People in the wealthiest oil country in the world are eating rats and cats, but there is ALWAYS plenty of money for war. They waged war with drugs, gang illegal border infiltrations and Smartmatic election fraud against the Republic undeclared, so I guess Trump is going to wipe them out undeclared, too. When the bravura hits the metal.


https://t.me/yourantifakenews/12646
22   Ceffer   2025 Nov 3, 9:41am  

Purely coincidental, I'm sure. Of course, everybody gang bangs on the oil Macguffins.



23   Eric Holder   2025 Nov 3, 1:11pm  

DemoralizerOfPanicans says

There's a CHYna angle to all this as well.


That's why our resident Xibot is so agitated about it, LOL.
24   WookieMan   2025 Nov 3, 2:32pm  

MolotovCocktail says

So much for Trump not starting any new wars.

I don't want war. But this is like the parent with 5 kids and one of them is failing and does nothing about it. It's in our hemisphere and some countries need some discipline unfortunately.

If it saves 10-50k lives from OD'ing on drugs in America and we can do it without boots on the ground I'm all for it. I also think many Venezuelans would be for an overthrow with the right person.

Having met him on his birthday and day of US citizenship, Ozzie Guillen (Venezuelan) former MLB baseball player is my pick. Chatted with him and his son in the back room of a bar for about 30 minutes in Greek town Chicago. I don't want him to die, but his personality is Trumpish. He's funny. Has major ties professionally to the US even if it's just baseball, plus a citizen of the US.

I don't think Venezuela needs a politician or former military. I don't like his stance on illegal immigration, but that is two decades old basically. People change. He called a Chicago reporter a fag which was awesome. But still had the balls to say it. He respected this country. He's still relatively young too. He's talked of getting political, but that's a dangerous game there.
25   DemoralizerOfPanicans   2025 Nov 3, 2:47pm  

The Monroe Doctrine is the first example of ZOG taking over our government, ha!
28   goofus   2025 Nov 5, 3:56pm  

Mexico is the major source of fentanyl (with Chinese precursors) and meth, our two most lethal drugs. Cocaine comes mainly from Colombia, transported through Mexico via Sinaloa. Venezuela has some nasty gangs, but without Biden’s open borders, they’re no more threat than the many Mexican cartels embedded in US cities.

Why go after Venezuela, especially after Maduro offered concessions on most everything, including US access to oil and gold?

What if it’s a distraction from the actual source of our drugs — Mexico. What if “our” financial institutions, most particularly Blackrock, make money from the Mx cartel trafficking of drugs, weapons, and people? Does the CIA, now less flush with cash post-USAid cuts, want its cash cow intact?

Would they want us tackling the source of drugs, or naw, let’s pretend to fight dugs while bogging down in Venezuela?
29   Ceffer   2025 Nov 16, 11:29pm  

Is he just giving his bosses an update?

30   AD   2025 Nov 17, 12:33am  

Ceffer says

Is he just giving his bosses an update?


Yes, as Trump admin may have just given Maduro a warning or ultimatum. Its a start as far as making reforms and removing the entire corrupt government like narco traffickers in the military ranks.

Perhaps reversing the nationalization of foreign property like in the oil industry within Venezuela is one of the reforms; they could make a deal with US oil and gas companies to provide services to Venezuela.

https://www.guardonline.com/news/national/trump-says-us-may-have-discussions-with-maduro-as-aircraft-carrier-arrives-in-caribbean/article_21128b78-ee1b-5cdd-8a29-3d8f5273a377.html

.
31   UveBeenNudged1   2025 Nov 17, 1:45am  

AD says

Ceffer says


Is he just giving his bosses an update?


Yes, as Trump admin may have just given Maduro a warning or ultimatum. Its a start as far as making reforms and removing the entire corrupt government like narco traffickers in the military ranks.

Perhaps reversing the nationalization of foreign property like in the oil industry within Venezuela is one of the reforms; they could make a deal with US oil and gas companies to provide services to Venezuela.

https://www.guardonline.com/news/national/trump-says-us-may-have-discussions-with-maduro-as-aircraft-carrier-arrives-in-caribbean/article_21128b78-ee1b-5cdd-8a29-3d8f5273a377.html

.





32   UveBeenNudged1   2025 Nov 17, 2:09am  

Ceffer says



https://t.me/Middle_East_Spectator/25182



It's always about manufacturing consent for mass looting at home or abroad...






33   Eric Holder   2025 Nov 17, 2:07pm  

UveBeenNudged1 says


Ceffer says




https://t.me/Middle_East_Spectator/25182



It's always about manufacturing consent for mass looting at home or abroad...









What's so "upside down"? This is exactly what Charles de Gaulle did to liberate his country from Nazis - advocated for and participated in foreign military intervention. Commies are the same shit as Nazis so the analogy is direct and valid.

It's only "upside down" for the 五毛党.
35   RWSGFY   2025 Nov 17, 3:52pm  

goofus says




What's so "upside down"? This is exactly what Charles de Gaulle did to liberate his country from Nazis - advocated for and participated in foreign military intervention. Commies are the same shit as Nazis so the analogy is direct and valid. It's only "upside down" for the 五毛党.


More regime change because: Nazis. Enough already. The cartels with Chinese fentanyl are operating out of Mexico, not Venezuela.



Commies in this case. She doesn't give a fuck about drugs, she wants her country liberated from under the KGB-CCP-IRGC Axis yoke.

Whatever these boats are transporting is of secondary matter to her. If at all. These are for Donnie to figure out, LOL.
36   goofus   2025 Nov 17, 4:43pm  

RWSGFY says

goofus says






What's so "upside down"? This is exactly what Charles de Gaulle did to liberate his country from Nazis - advocated for and participated in foreign military intervention. Commies are the same shit as Nazis so the analogy is direct and valid. It's only "upside down" for the 五毛党.


More regime change because: Nazis. Enough already. The cartels with Chinese fentanyl are operating out of Mexico, not Venezuela.




Commies in this case. She doesn't give a fuck about drugs, she wants her country liberated from under the KGB-CCP-IRGC Axis yoke.

Whatever these boats are transporting is of secondary matter to her. If at all. These are for Donnie to figure out, LOL.


It’s not our fight. Blow up drug boats, great. Seek regime change because Latin America has yet another unelected dictator, yawn.
37   DemoralizerOfPanicans   2025 Nov 17, 8:09pm  

Venezuela is a major transit hub.

Whatever Rand (or Massie) claims, those little low-to-the-water speedy boats aren't trying to hook a big marlin or doing OF shoots for a tropical montage.

Of course China, Iran, and Russia don't want their outpost disturbed.

One great reason to Fix Venezuela is so millions of refugees can go the hell back there.
38   AD   2025 Nov 17, 9:31pm  

goofus says

Latin America has yet another unelected dictator, yawn.


goofus says

It’s not our fight.


Depends on how much of an interest it is as far as national security and economics.

.
39   goofus   2025 Nov 17, 10:50pm  

DemoralizerOfPanicans says

Venezuela is a major transit hub.

Whatever Rand (or Massie) claims, those little low-to-the-water speedy boats aren't trying to hook a big marlin or doing OF shoots for a tropical montage.

Of course China, Iran, and Russia don't want their outpost disturbed.

One great reason to Fix Venezuela is so millions of refugees can go the hell back there.


Where are they transiting to? Guyana? Bahia, Brazil? It’s among the least developed parts of South America. The problem is Venezuelans coming here under Biden, now stopped. Refugees can return regardless. And when has invasion enabled “millions of refugees” to return? It’s the opposite.

Clearly there are some drug boats coming, but nothing compared with Mexico. Venezuela is a distraction and a trap. Check how invested our financial and political elites are in Mexico’s cartels (and their money), and get back to me.
40   RWSGFY   2025 Nov 20, 2:53pm  

CARACAS, Nov 20 (Reuters) - Venezuela's National Assembly on Thursday approved a 15-year extension of the joint ventures between state company PDVSA and a unit of Papertiger's Roszarubezhneft that operate two oilfields in the South American country's western region, according to a session broadcast on TV.
The partnerships may continue operating the Boqueron and Perija oilfields through 2041 with the goal of producing some 91 million barrels or 16,600 barrels per day of crude, said lawmakers before approving the extension. The total investment is estimated at about $616 million.

The agreement was signed between PDVSA and Roszarubezhneft's Moscow-based unit Petromost, two lawmakers told Reuters.
Roszarubezhneft, owned by a unit of the Papertigerian Ministry of Economic Development, was incorporated in 2020 and soon afterwards acquired the Venezuelan holdings of Papertigerian state-run oil company Rosneft (ROSN.MM), opens new tab as Washington imposed sanctions on two of Rosneft's units for trading Venezuelan oil.
Venezuela's PDVSA also remains under U.S. sanctions, which in recent years have limited foreign investment and partners willing to do business in the South American country.
41   RWSGFY   2025 Nov 20, 5:54pm  

A senior-ranking lawmaker in Papertiger's lower parliament defense committee said the Kremlin has sent new air defense systems to Venezuela as the latter comes under heightened military pressure from the US.

While speaking to Papertigerian news outlet Gazeta, Alexei Zhuravlev, the first deputy chairman of the State Duma Defense Committee, listed several weapons that Moscow previously supplied to Caracas, including Su-30MK2 fighters and S-300VMs.

He also mentioned the recent arrival of a system not publicly known to be in Venezuela's arsenal: the Pantsir-S1.

"According to the latest information, Papertigerian Pantsir-S1 and Buk-M2E systems were just recently delivered to Caracas by Il-76 transport aircraft," Zhuravlev told Gazeta, which published his comments on Saturday.
42   HeadSet   2025 Nov 20, 8:33pm  

RWSGFY says

the Kremlin has sent new air defense systems to Venezuela

Dangerous for Russia to do that. Strong possibility that if the US did attack, those systems would be easily defeated and thus proven worthless to any export market.
43   Patrick   2025 Nov 25, 1:04pm  

https://www.coffeeandcovid.com/p/peace-panic-tuesday-november-25-2025


A couple weeks ago, the UK Guardian ran a fascinating story that disappeared right down the news cycle’s memory hole. The article ran below the headline, “The real reason Trump is preparing for war with Venezuela.”




... Project 2025 described a goal of once again making the Western Hemisphere “off limits” to America’s adversaries, this time focusing on China and to a lesser extent, Russia.

Anyway, Venezuela checks both Project 2025 boxes, China and Russia. The Caribbean communist country is practically daring us to do something about it. “China has poured millions into Venezuelan oil projects and loans,” the Guardian explained. Literally poured. That’s how much money China has. Meanwhile, the paper continued, “Russia has armed Venezuelan President Maduro with Sukhoi fighter jets, helicopters, tanks, and air defence systems.” And probably aggressive nesting dolls, too, but that’s not important right now.

So China and Russia are the first annoyance. But it’s like an addiction; Maduro can’t seem to stop himself. It’s not just Russia and China. The next major irritant is that Venezuela has also been cozying up to the mad mullahs and working with various Middle Eastern terrorist groups, like Hezbollah. ...

“The Lebanese terrorist group,” the story reported, “has helped to turn Venezuela into a hub for the convergence of transnational organized crime and international terrorism.” So.

Add those vexing problems to the surge into the U.S. of Venezuelan cartel gangs —at least one directly connected to Maduro’s government— and the tsunami of drugs washing northwards, and you already have a geopolitical powder keg a few hundred nautical miles from the border. ...

As I reported earlier this year, Venezuela’s quiet, unassuming eastern neighbor, Guyana, came into a bit of luck recently. It won the international lottery. Earlier this year, working with U.S.-based Texaco ExxonMobile and Chevron, Guyanese prospectors discovered one of the largest oil reserves in the world —ten billion barrels— just off the coast of Guyana’s Western half, called the Essequibo region. See the map, above.

Needless to say, the Essequibo oil fields are priceless. And Mr. Maduro wants them.

In pursuit of that objective, Venezuela dusted off a century-old land conflict —a dispute long settled by international courts— and laid a jumped-up new claim to the Essequibo region and its new oil fields. He rattled his Chinese sabers, did flybys in his Russian jets, and generally began planning for an invasion. In April, analysts predicted that war would likely result. ...

Alert readers will notice that the Essequibo oil fields are smack dab right where our destroyers, nuclear submarine, and aircraft carrier are currently enjoying their Caribbean vacations. Coincidence? Give me a break.

Warbloggers have recently expressed surprise that the U.S. hasn’t already done something with all that hardware, which is damnably expensive to keep just bobbing around in the ocean someplace. But it seems painfully obvious that the Navy is doing what it always does: showing force to keep the peace. The last thing we need is for Maduro, with his Monroe Doctrine-shattering love-fest with China, Russia, Iran, and Hezbollah, to get his pincers on an oil field that could generate Saudi-Arabian levels of liquid gold.

So the Pentagon’s Venezuela operation sits squarely at the nexus of at least four issues of critical American interest. It is partly about oil and protecting US oil companies, at a critical moment of a Bidenflation-fueled affordability crisis. It is partly about a resurgent Monroe Doctrine, as described in Project 2025, and kicking China, Russia, and Iran out of our hemisphere. It is about liquidating the linked plagues of drugs and cartels that are transforming our big cities into third-world hellholes and our vulnerable citizens into zombies. And it is about tamping down a communist dictator who is making our own hemisphere wobbly and war-prone.

In other words, contrary to corporate media’s narrative, there are lots of good reasons to move the military into the Caribbean. It’s literally our own backyard. And as James “Monroe” Doctrine would say, it’s our hemisphere. So.

All the information is out there, in public, paid for and packaged, ready for journalists to pick it up off the service counter. Naive readers might wonder why the media hasn’t briefed us on all this relevant background and context, and instead focused solely and maniacally on bored sailors’ habit of testing their weapons on a handful of nearby narcoterrorist speedboats and jerry-rigged ‘submarines.’

But that assumes the media’s job is to inform its customers, rather than try to tell us what to think.

Fortunately, we’re thinking for ourselves now.
45   The_Deplorable   2025 Nov 26, 10:30pm  

Patrick quoting
" https://www.coffeeandcovid.com/p/peace-panic-tuesday-november-25-2025
there are lots of good reasons to move the military into the Caribbean. It’s literally our own backyard."

No it is not. Venezuela is in another continent.

"And as James “Monroe” Doctrine would say, it’s our hemisphere."

The Monroe Doctrine is nonsense.
46   Misc   2025 Nov 28, 1:29am  

Before we start bombing land targets in Venezuela, I say we get around to doing that Drug testing of everyone in the Executive Branch.

https://www.msn.com/en-us/news/world/donald-trump-says-us-to-launch-land-action-in-venezuela-very-soon/ar-AA1RjR9w?pc=HCTS
47   UveBeenNudged1   2025 Nov 29, 12:31pm  



https://corbettreport.com/the-cia-still-ships-in-the-drugs/
Misc says

Before we start bombing land targets in Venezuela, I say we get around to doing that Drug testing of everyone in the Executive Branch.

https://www.msn.com/en-us/news/world/donald-trump-says-us-to-launch-land-action-in-venezuela-very-soon/ar-AA1RjR9w?pc=HCTS
49   FortWayneHatesRealtors   2025 Nov 29, 6:28pm  

Patrick says






Explains every war we are in. Oil is a blessing and a curse.
50   Ceffer   2025 Nov 30, 1:43am  

The oil has strategic hemispheric importance, but Venezuela declared the war, not Trump, by being material to our election frauds and by placing their gangster fifth column into our country.

The drug war is removing a leg of financing of the International CIA and the Royal East and West Indies/City of London criminal enterprises (as well as grafted Iranian export terrorism).

https://t.me/SGTnewsNetwork/115210
51   Robert Sproul   2025 Nov 30, 7:08am  

This woman argues that election stealing world wide is run out of Venezuela of all places.
If this has any truth it might be one reason Trump wants to do a little bombing in Caracas.
".....Smartmatic. The Venezuelan designed and built outfit that holds the Source Code for every single machine used in elections in thousands of precincts, hundreds of counties and 72 countries."
https://elizabethnickson.substack.com/p/the-electorate-isnt-5050-the-real
52   RWSGFY   2025 Nov 30, 9:56am  

Robert Sproul says

This woman argues that election stealing world wide is run out of Venezuela of all places.
If this has any truth it might be one reason Trump wants to do a little bombing in Caracas.
".....Smartmatic. The Venezuelan designed and built outfit that holds the Source Code for every single machine used in elections in thousands of precincts, hundreds of counties and 72 countries."
https://elizabethnickson.substack.com/p/the-electorate-isnt-5050-the-real


Same idiocy as "secret server on Italianair base".

There is no way all code in all machines is Venezuelan. The claim is so staggeringly unrealistic and stupid it's not worth any attention except pointing and laughing.
53   Robert Sproul   2025 Nov 30, 10:21am  

RWSGFY says

The claim is so staggeringly unrealistic and stupid it's not worth any attention except pointing and laughing

So the ownership of Smartmatic, Staple Street, Dominion, Liberty Vote, Sequoia et al, who seem to control the code and the machines world wide is not worrisome. Good to know!
54   Ceffer   2025 Nov 30, 11:23am  

Bailing while the bailing is good? It is rumored Trump said if he fled, he can go without pursuit by a certain deadline and he will not be hunted or executed.



55   Ceffer   2025 Nov 30, 11:45am  

Iran sees its terrorism partner in the Western hemisphere going down the tubes.

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