Trump could die any moment the way he has been going and even if he lasts this whole term who's to say that the government won't swing now towards a more Biden or Harris point of view. Since Trump hasn't addressed "AFFORDABILITY" at all like he said he would he will likely lose big in the Midterms. Because of all this there is no guarantee at all that oil companies won't be left holding the bag in one, two or three years.
As a businessman myself I wouldn't invest in something like Venezuelan Oil just on sound business principles. I'm not an oilman at all I'm just talking about sound business principles.
Also, any oil people sent there might die from local groups if they aren't happy with them including local drug lords. So, why send American Businesspeople down there to die?
They aren't soldiers trained to kill or die.
So, why should American businesses invest in Venezuela. It's a bad investment on many different levels.
Another thing, the quality of Venezuelan Oil from there underground reserves is not as high quality for example, as Saudi or U.S. oil reserves underground here. So, this is an investment factor here too.
So, on one level it doesn't matter how much Venezuelan oil it is that is coming out of the ground because it's quality is much inferior to Saudi or U.S. oil.
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