alt Hacker News> world's largest oil reserves
With no infrastructure, and ten years of massive investment needed, I read.
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From your source: "Venezuela, for the American oil companies, will be a field day," Florida Republican congresswoman María Elvira Salazar said in a recent interview on Fox Business. "American companies can go in and fix all the oil pipes, the whole oil rigs and everything that has to do with... oil and the derivatives." Trump might seem open to such arguments. He campaigned on the slogan "drill, baby, drill" and has generally called for expanding oil production, which he has tied to lower prices for Americans. /quote
It then goes on to note that output could be more than doubled in two years. That alone would put them as the 11th largest oil producer and the third largest in the Americas. The decade timeline and budget was for creating maximalist infrastructure for fully exploiting the resources.
The strongest proof that the article has that trump isn’t interested in oil is his word that he isn’t interested in oil. How much faith do you put in Trump’s honesty?
All they have to do is keep power for ten years and keep renewables being illegal (Trump already banned offshore wind turbines because he can see some from one of his overseas golf courses)
Sounds like an opportunity for some lucrative contracts to go to US companies, while forcing the new Venezuelan government to foot the bill.