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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...

reading between the lines, what they're pretty clearly asking for is a profit guarantee from the US taxpayer (at like 40 bucks a barrel) and I'd bet they get it too

yeah I think the two further questoins are -how large does the guarantee need to be to account for the likelihood it gets rescinded? -related, how is the guarantee given, where is the money coming from and who's faith and credit is backing it? (this is why I would bet they don't get it fwiw)

the bleak way it happens is they force Venezuela into guaranteeing the profits