> His plan appears to be: "oil companies come in, sell the oil"

In terms of nation-building, it's not the worst plan. See Carville's "It's the economy, stupid."

Popular support of any government is mostly (a) quality of life & (b) individual freedom. Quality of life is directly correlated to the economy and public finances.

If someone can quickly boost Venezuelan oil production, and therefore state revenue, then all sorts of social funding programs become feasible.

The issue with autocracies is that they selectively enrich key supporter groups (internal police, military) at the expense of others (wider population).

If you can substantially boost public revenue, then you don't have to make a tradeoff -- everyone gets more!

And there are certainly worse beginnings for new governments.

(All of this ignoring the flagrant violation of international law, international ramifications vis-a-vis Taiwan, climate change, etc.)