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Venezuela


               
2020 Sep 4, 11:54am   3,219 views  77 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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56   RWSGFY   2025 Nov 30, 11:59am  

Robert Sproul says


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!



Do you know any Venezuelan software apart from "all election machines sw"? Me neither. Venezuela is not exactly an IT powerhouse and the notion that it can somehow vanquish ALL competition in any particular corner of software market is absolutely, richwikcs-level, idiotic.

And out if the firms you
listed only the first one is owned by Venezuelans

Dominion was Canadian, now it's owned by an American and called Liberty Vote. Staple Street is not a voting SW company at all and definitely not Venezuelan.
Sequoia does not exist anymore, but was an 100+ years old American company which was briefly acquired by Smartmatic and in less than 2 years sold to Americans.

So no, Venezuela does not own or dominate US voting machines SW market in any way, shape or form.

A cursory search shows that the US voting machines market is divided between ES&S at 50–55%, Liberty Vote/Dominion at 30–35% and Hart InterCivic at 10–15%. Smartmatic is less than 5%. And in 2020 election it supposedly "rigged" their maxhines were used only in LA county.

Venezuelan domination my ass.
57   Ceffer   2025 Nov 30, 12:17pm  

Robert Sproul says

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!

The software for the voting machines in LA is allegedly from CCP. However, CCP partnered with Venezuela on the election frauds as well as Cuba and International CIA (Brennan and Serbia). CCP and Venezuela and Cuba and Iran (with Russian dressing) are more or less joined at the hip.
Obama had allegedly printed a trillion dollars of US currency to be delivered in huge numbers of pallets to China to secure their participation in our election frauds. These pallets were intercepted, but China/CCP are still active partners in our election frauds. Forged ballots printed by CCP came through Vancouver and Florida and were distributed by the Freemason Post Office on their trucks. Our own post office was part of the fraud chain.
58   Patrick   2025 Nov 30, 2:44pm  

https://slaynews.com/news/chuck-schumer-accuses-trump-pushing-closer-foreign-war-venezuela/


Senate Minority Leader Chuck Schumer (D-NY) has issued an unusually sharp warning over President Donald Trump’s posture toward Venezuela.

Schumer is accusing the administration of edging the country “closer and closer to another costly foreign war” without congressional authorization.


I don't like or trust Schumer, but he's right here. Trump seems determined to start a war in Venezuela. Sure looks like that might be motivated by their vast oil reserves.
59   HeadSet   2025 Nov 30, 3:48pm  

Patrick says

Sure looks like that might be motivated by their vast oil reserves.

Why would we care about anyone's vast oil reserves? We have plenty of our own.
61   Patrick   2025 Dec 1, 8:16pm  

Just had a thought:

Maybe Trump made a deal with Putin: "You get the Donbas, we get Venezuela."
62   FortWayneHatesRealtors   2025 Dec 1, 8:36pm  

Patrick says


Just had a thought:

Maybe Trump made a deal with Putin: "You get the Donbas, we get Venezuela."


doubt it, Russia sells anti air stuff to Venezuela now. I don't know what's going on, and clearly powers in charge are not interested in letting any of us know.
63   AD   2025 Dec 1, 10:27pm  

FortWayneHatesRealtors says


doubt it, Russia sells anti air stuff to Venezuela now.


The US Air Force's MQ-9 Reaper has a range of 1200 miles. US Army's MQ-1C has a range of 2500 miles.

They could launch them from US Navy Base Gitmo Cuba which is about 1000 miles away or Puerto Rico which is about 500 miles away. That would be the safest attack plan versus sending in manned attack aircraft like F-18's and F-35's.

The Pentagon likely has intel on locations like facilities involved with trafficking drugs to the USA.

Each MQ-9 carries 8 Hellfire missiles. The MQ-1C deploys 4 Hellfire missiles. Likely they send three or four MQ's to attack the most prioritized targets.
64   Misc   2025 Dec 1, 11:55pm  

Before we go blowing up those air defense systems the Russians gave the Venezuelans with F35s and blowing up drug trafficking operations on the ground, let's just get around to drug testing everyone in the Executive Branch first ----ok?
65   WookieMan   2025 Dec 2, 6:13am  

Patrick says

I don't like or trust Schumer, but he's right here. Trump seems determined to start a war in Venezuela. Sure looks like that might be motivated by their vast oil reserves.

Oil is a factor. Venezuelan oil is heavy though. We have the capabilities to refine it either there or here. There are more factors, but two big ones in my mind. 1) American refinery jobs increase with cheaper heavy oil to refine. 2) Oil prices can come down and American consumers benefit.

As you mention there's obviously probably a Russia and/or Chinese connection in the region overall. Acting now is about getting oil/gas prices down as that's the driving factor on prices of everything including groceries and a ton of other stuff. Mid terms is the target. If Trump wants to win the House and Senate and not be a legit lame duck the last two years he needs the midterms to go his way. Otherwise we'll have 2 dead years outside of executive orders.

Honestly if he fails 2028 is up for grabs even though the Dems have no leader currently. It won't be Newsom. My fear is some socialist idiot that will make Biden look like a cake walk and Bush and Obama years look good. And not saying Trump has been perfect, but I'm okay with regime change as it seems like Trump is going the tactical route and not boots on the ground besides embedded CIA and other operatives.

Fact is this is in our backyard, not 7,000mi away. Puerto Rico 530mi roughly. Guantanamo Bay roughly 850mi. Factor in FL being close with some of the most advanced military bases. Could argue Texas as well. It would be a targeted air war. Oh and an aircraft carrier group just off land. Bomb the military runways. Hit the drug targets. It could be done in a week with little civilian casualties.
67   The_Deplorable   2025 Dec 2, 1:14pm  

Patrick says
"Trump seems determined to start a war in Venezuela. Sure looks like that might be motivated by their vast oil reserves."

The most important story right now is Epstein.

So, to get away from the Epstein story TPTB want to start a war in Venezuela so
we can forget about Epstein...
68   Ceffer   2025 Dec 2, 1:42pm  

Uh, NO! Interesting that Maduro's small dictator's claque wants to tag along in the protected exfiltration.

69   Ceffer   2025 Dec 2, 2:21pm  

Trump is multi tasking. He isn't merely intercepting the drugs, he is pulling the monetary rug out from under the CIA and the Royal West and East Indies/MI6/City of London sources of dark revenue. It is the cascade of money from these entities and their criminal enterprises that they use to pay to infect our country with moronic KommieKunts and subversives and engage the election frauds.



70   Patrick   2025 Dec 2, 9:40pm  

FortWayneHatesRealtors says


Patrick says


Just had a thought:

Maybe Trump made a deal with Putin: "You get the Donbas, we get Venezuela."


doubt it, Russia sells anti air stuff to Venezuela now. I don't know what's going on, and clearly powers in charge are not interested in letting any of us know.



That's exactly what led me to that thought.

Russia is supplying Venezuela with equipment, so maybe Trump said, "Vlad, if you stop that and stay out of our backyard, we will stay out of your backyard."
71   HeadSet   2025 Dec 3, 9:03am  

Patrick says

Russia is supplying Venezuela with equipment, so maybe Trump said, "Vlad, if you stop that and stay out of our backyard, we will stay out of your backyard."

The big danger to Russia is that an American attack could show how ineffective Russian equipment is.
72   The_Deplorable   2025 Dec 3, 10:29am  

HeadSet says
"The big danger to Russia is that an American attack could show how ineffective Russian equipment is."

This is factually wrong. Russian equipment is superior. Think of hypersonic missles for example, computerized warfare etc. And this because the Russians did not fire their engineers to steal the money and shutdown their country.
73   zzyzzx   2025 Dec 3, 10:42am  

HeadSet says

The big danger to Russia is that an American attack could show how ineffective Russian equipment is.


Already happened several times over in various wars.
74   Ceffer   2025 Dec 4, 9:28am  

When Trump turns off your air space like he flicked a switch. Enemy combatant planes and helicopters will shine like neon lights if they try to take off. Cue 'Bad Boys' theme.

75   Ceffer   2025 Dec 5, 3:21pm  

Concise summary of the sitrep, but I would imagine CCP/Cuba dominates over Russia.

76   Ceffer   2025 Dec 5, 7:14pm  

The war was declared already a long time ago. Nada mention of oil.







77   Ceffer   2025 Dec 5, 7:18pm  

LOL! So old school. Where's the AI controlled bot farm?

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