ExxonMobil CEO: "If we look at the legal and commercial constructs—frameworks—in place today in Venezuela, today it’s uninvestable." corporate.exxonmobil.com/news/news-re...
133 reposts615 likes
ExxonMobil CEO: "If we look at the legal and commercial constructs—frameworks—in place today in Venezuela, today it’s uninvestable." corporate.exxonmobil.com/news/news-re...
133 reposts615 likes
I mostly missed this at the time but for the record, this was maybe the single dumbest dogpile I have ever seen in my life. like "can't parse See Spot Run" levels of brain dead bsky.app/profile/astr...
Welcome. Make yourself at home. bsky.app/profile/crus...
I’d just like to note that I seem to have called this right. Nobody wants that oil, unless it comes with zero risk, and even then it creates a massive problem for domestic US drilling which is high-cost. This was obvious before 100 people were killed to enable Trump and his family to grift.
They also don’t want to put their nuts in a vise and give Trump the opportunity to squeeze.
Imagine sinking tens of billions into Venezuela only to have Trump come back at you in a year or two and extort you to buy his crypto or donate to his family charity. It would be a shame if your oil concession got cancelled…