KoalaUnknown@lemmy.world to News@lemmy.world · 2 days agoTrump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reservesapnews.comexternal-linkmessage-square37linkfedilinkarrow-up1174arrow-down111
arrow-up1163arrow-down1external-linkTrump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reservesapnews.comKoalaUnknown@lemmy.world to News@lemmy.world · 2 days agomessage-square37linkfedilink
minus-squareredsand@infosec.publinkfedilinkarrow-up6·2 days agoAnd it has the subtle weakness of a tanker and port bottleneck
minus-squarejustOnePersistentKbinPlease@fedia.iolinkfedilinkarrow-up6arrow-down1·2 days agoAlso, as CBC pointed out this morning, this is basically the same annoucement he did when the US first took Venezeula. Since then, apparently none of the oil companies have moved into Venezeula, so this might be an attempt to get any traction there.
minus-squareuzername@lemmy.worldlinkfedilinkarrow-up2·2 days ago“Venezuela’s oil exports fell slightly to 1.16 million barrels per day in July from 1.2 million bpd the previous month as the country drained fewer inventories, but exports to the U.S. jumped to some 786,000 bpd, the highest since early 2019, shipping data showed on Monday.” https://www.reuters.com/business/energy/venezuelas-oil-exports-fell-slightly-july-cargoes-us-rose-2026-08-03
minus-squarejustOnePersistentKbinPlease@fedia.iolinkfedilinkarrow-up1·1 day agoNo new projects are shovel in dirt. Lots of promises and deals in thr making with Venezeula
And it has the subtle weakness of a tanker and port bottleneck
Also, as CBC pointed out this morning, this is basically the same annoucement he did when the US first took Venezeula.
Since then, apparently none of the oil companies have moved into Venezeula, so this might be an attempt to get any traction there.
“Venezuela’s oil exports fell slightly to 1.16 million barrels per day in July from 1.2 million bpd the previous month as the country drained fewer inventories, but exports to the U.S. jumped to some 786,000 bpd, the highest since early 2019, shipping data showed on Monday.” https://www.reuters.com/business/energy/venezuelas-oil-exports-fell-slightly-july-cargoes-us-rose-2026-08-03
No new projects are shovel in dirt.
Lots of promises and deals in thr making with Venezeula