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Overthrowing the government of Venezuela

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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

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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.

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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.

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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 -

 

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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 by banjodeano

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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

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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...

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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 by phil752

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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?

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2 minutes ago, banjodeano said:

Did you not read or understand my previous post 137?

again why are they not letting aid in

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1 minute ago, phil752 said:

again why are they not letting aid in

Sanctions?

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1 minute ago, melthebell said:

Sanctions?

sanction what do you mean they at the boarder

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