banjodeano   28 #133 Posted February 7, 2019 And there you have it... Venezuela: Juan Guaido will open up oil deals to foreign private companies, opposition leader’s US envoy says... https://www.independent.co.uk/news/world/americas/juan-guaido-will-open-up-oil-deals-to-foreign-private-companies-a8763821.html?fbclid=IwAR3h-LQy48MztGJUbAxHpltCDpENNa8_ZXUNm0h4ZEweW_iK9vfw8Fh63Ts wow, he is not wasting any time repaying his masters Share this post Link to post Share on other sites Share this content via...
the_bloke   17 #134 Posted February 7, 2019 On 05/02/2019 at 21:42, Phanerothyme said: Would that be as a result of OPEC adding capacity to the market. The OPEC of which Venezuela is a member?  OPEC has slashed oil production since the start of this year in order to keep the price up.  Oil production in the US has increased in the last few years, so it's cheaper to buy locally obtained oil than import it. Production is expected to reach 12 million barrels per day by mid 2019. To put that into perspective, Venezuela has never produced more than 4 million barrels a day and that was in the early 1970s. Share this post Link to post Share on other sites Share this content via...
the_bloke   17 #135 Posted February 7, 2019 7 hours ago, banjodeano said: And there you have it... Venezuela: Juan Guaido will open up oil deals to foreign private companies, opposition leader’s US envoy says... https://www.independent.co.uk/news/world/americas/juan-guaido-will-open-up-oil-deals-to-foreign-private-companies-a8763821.html?fbclid=IwAR3h-LQy48MztGJUbAxHpltCDpENNa8_ZXUNm0h4ZEweW_iK9vfw8Fh63Ts wow, he is not wasting any time repaying his masters Because he's desperate to get the oil out of the ground and money in the economy again, fully understanding that the country needs a massive injection of cash to become stable again - cash that the government doesn't have in order to kick start oil production again. The country needs investment desperately. Share this post Link to post Share on other sites Share this content via...
Phanerothyme   12 #136 Posted February 7, 2019 6 hours ago, the_bloke said: OPEC has slashed oil production since the start of this year in order to keep the price up.  indeed -  Share this post Link to post Share on other sites Share this content via...
banjodeano   28 #137 Posted February 8, 2019 (edited) I have been reading an article that was quite interesting regarding Venezuela, they were saying that aid will probably be coming from the Americans that are in Colombia, the aid will probably coming over the border into Venezuela  by the Americans,  now this will give Maduro a very big problem...if he resists, he will be classed as a bad dictator stopping his people getting food and aid, but if he doesnt do anything, he will be allowing a foreign country to invade his country under the guise of giving aid... it looks like a lose lose situation Edited February 8, 2019 by banjodeano Share this post Link to post Share on other sites Share this content via...
phil752   10 #138 Posted February 8, 2019 1 hour ago, banjodeano said: I have been reading an article that was quite interesting regarding Venezuela, they were saying that aid will probably be coming from the Americans that are in Colombia, the aid will probably coming over the border into Venezuela  by the Americans,  now this will give Maduro a very big problem...if he resists, he will be classed as a bad dictator stopping his people getting food and aid, but if he doesnt do anything, he will be allowing a foreign country to invade his country under the guise of giving aid... it looks like a lose lose situation So that has got a lot to do with people in distress and and not allowing aid in Share this post Link to post Share on other sites Share this content via...
banjodeano   28 #139 Posted February 8, 2019 6 minutes ago, phil752 said: So that has got a lot to do with people in distress and and not allowing aid in i dont understand what your point is... Share this post Link to post Share on other sites Share this content via...
phil752   10 #140 Posted February 8, 2019 (edited) 6 minutes ago, banjodeano said: i dont understand what your point is... why are they not letting aid in, you have got to agree its an experiment gone wrong think about the people? Edited February 8, 2019 by phil752 Share this post Link to post Share on other sites Share this content via...
banjodeano   28 #141 Posted February 8, 2019 5 minutes ago, phil752 said: why are they not letting aid in, you have got to agree its an experiment gone wrong think about the people? Did you not read or understand my previous post 137? Share this post Link to post Share on other sites Share this content via...
phil752 Â Â 10 #142 Posted February 8, 2019 2 minutes ago, banjodeano said: Did you not read or understand my previous post 137? again why are they not letting aid in Share this post Link to post Share on other sites Share this content via...
melthebell   862 #143 Posted February 8, 2019 1 minute ago, phil752 said: again why are they not letting aid in Sanctions? Share this post Link to post Share on other sites Share this content via...
phil752 Â Â 10 #144 Posted February 8, 2019 1 minute ago, melthebell said: Sanctions? sanction what do you mean they at the boarder Share this post Link to post Share on other sites Share this content via...
