Even assuming that we repair all the infrastructure (at taxpayers' expense, apparently?), I've read that the breakeven cost of producing that oil is around $80 a barrel, compared to $62 for fracked oil here, and prices have been below even that level for some time now.
The oil companies aren't going back on TACO Trump's word, I guarantee you that.
Not to mention, Venezuela has large reserves of heavy crude, which is expensive to extract and costs more to refine, and is really only profitable to pump out of the ground when oil prices are high. Which they aren't.
And Trump seems to forget, there's still a whole Maduro administration, still a Maduro Supreme Court, still a Maduro military (I imagine they have some sort of a military).
He's going to send some 25 year old college dropout down there to announce "Trump is running things now" and they'll throw that boy in prison.
The absurdity that U.S. courts can try a foreign leader but not the sitting U.S. President or former President is mind boggling.
Even assuming that we repair all the infrastructure (at taxpayers' expense, apparently?), I've read that the breakeven cost of producing that oil is around $80 a barrel, compared to $62 for fracked oil here, and prices have been below even that level for some time now.
The oil companies aren't going back on TACO Trump's word, I guarantee you that.
Not to mention, Venezuela has large reserves of heavy crude, which is expensive to extract and costs more to refine, and is really only profitable to pump out of the ground when oil prices are high. Which they aren't.
And Trump seems to forget, there's still a whole Maduro administration, still a Maduro Supreme Court, still a Maduro military (I imagine they have some sort of a military).
He's going to send some 25 year old college dropout down there to announce "Trump is running things now" and they'll throw that boy in prison.
The echoes of Iraq are unmistakable.