(01-06-2026 03:13 PM)TripleA Wrote: I never said VZ's oil was ours, doofus. We were in there from the beginning building up their industry. We weren't stealing from them.
All I'm talking about is them returning to VZ to kick up its oil production, and obviously sharing the profits AS THEY GO with VZ. Profits VZ doesn't currently have b/c Chavez and Maduro literally ran the industry into the ground.
Initial estimates are they can have full production up and running in about 18 months.
And if they don't want to do it, BFD. VZ's new gov will just have to figure it out, and I'm sure they can learn with our help. We can get somebody in there to repair their infrastructure and start pumping a helluva lot more oil that they currently are, and share the profits. Maybe Chevron alone. Maybe Canadian oil companies if ours say no.
You don't have the first ******* clue what you're talking about. For the love of God, STOP LISTENTING TO POLITICIANS ABOUT THE O&G INDUSTRY!!!
18 months...
The US oil industry is currently hemorrhaging jobs due to trumps incompetence. All their investments are tied up in Canada, which currently produces.
Where pray tell do you expect them to get the workers and money to achieve this 18 month Utopia...in a country with unstable infrastructure and a wildly uncertain government?
Do you really think domestic workers were the ones who originally drilled and built the infrastructure to handle the oil there? Tribunals awarded Exxon Mobile and Conoco Phillips 1.6 billion and 8.7 billion respectively after the last nationalization under Hugo Chavez in 2007. As for workers---according to you---sounds like plenty of laid off US oil workers are available for the job of putting that infrastructure back into working order.
(This post was last modified: 01-06-2026 07:21 PM by Attackcoog.)
(01-06-2026 03:13 PM)TripleA Wrote: I never said VZ's oil was ours, doofus. We were in there from the beginning building up their industry. We weren't stealing from them.
All I'm talking about is them returning to VZ to kick up its oil production, and obviously sharing the profits AS THEY GO with VZ. Profits VZ doesn't currently have b/c Chavez and Maduro literally ran the industry into the ground.
Initial estimates are they can have full production up and running in about 18 months.
And if they don't want to do it, BFD. VZ's new gov will just have to figure it out, and I'm sure they can learn with our help. We can get somebody in there to repair their infrastructure and start pumping a helluva lot more oil that they currently are, and share the profits. Maybe Chevron alone. Maybe Canadian oil companies if ours say no.
You don't have the first ******* clue what you're talking about. For the love of God, STOP LISTENTING TO POLITICIANS ABOUT THE O&G INDUSTRY!!!
18 months...
The US oil industry is currently hemorrhaging jobs due to trumps incompetence. All their investments are tied up in Canada, which currently produces.
Where pray tell do you expect them to get the workers and money to achieve this 18 month Utopia...in a country with unstable infrastructure and a wildly uncertain government?
Do you really think domestic workers were the ones who originally drilled and built the infrastructure to handle the oil there? Tribunals awarded Exxon Mobile and Conoco Phillips 1.6 billion and 8.7 billion respectively after the last nationalization under Hugo Chavez in 2007. As for workers---according to you---sounds like plenty of laid off US oil workers are available for the job of putting that infrastructure back into working order.
Yep. Tom acts like they're building an oil industry from scratch. I have no idea how long it will take, but I think it's entertaining that the idea of 18 months made Tom blow his lid.
(01-06-2026 12:55 PM)Tiger1983 Wrote: Keep in mind not all crude oil is the same.
From AI confirming my earlier understanding…
“Not all crude oil is the same, and Venezuela's oil is a prime example: it's heavy, dense, and sulfur-rich (sour), unlike lighter U.S. shale oil, making it difficult and expensive to process, requiring specialized refineries, but valuable for products like diesel and asphalt, with Gulf Coast refineries uniquely built for it. While Venezuela holds vast reserves, its heavy crude needs special handling, blending, or upgraders, and production has suffered from underinvestment, corruption, and sanctions, making it harder to extract and refine compared to lighter crudes. “
Key Differences in Venezuelan Crude:
Heavy & Viscous: It's thick like molasses, contrasting with lighter crudes that flow easily, as noted in this Yahoo Finance article.
High Sulfur (Sour): Contains high sulfur and metals, requiring more complex refining to meet environmental standards, says a Grist article.
Specialized Refining: Few refineries can process it efficiently; U.S. Gulf Coast facilities were designed for this type of heavy crude.
Why It Matters:
Production Challenges: Heavy crude requires more energy, diluents, and advanced tech to extract and transport.
Refinery Compatibility: Some U.S. refineries prefer it, while others struggle, making it a complex market, explains a Grist article.
Market Dynamics: Its unique properties make it less universally desirable than light sweet crude, affecting its price and demand, according to this Yahoo Finance article.
In essence, Venezuela's massive reserves are not "plug-and-play" oil; they are a specific, challenging type that requires tailored infrastructure and processes,
Heres an interesting fun fact. The US is not actually energy independent despite being an oil exporter. Why? Because most of US production is light sweet crude---and we actually NEED to mix that light sweet with some heavy crude in order to utilize much of our refinery base in order to produce the fuels used in inside the US. In other words---we cant produce all the fuels we need without using those gulf coast refineries that require heavier crude---and that requires the use of some imported heavier crude oil to mix with the lighter domestic crude.
Another fact, there's actually two definitions of "energy independent" Further, energy is NOT just oil.
But oil and gas is where it really counts. Oil and gas literally forms the basis of the entire economy---not just energy---but the byproducts from all the refining process---the petrochemicals, plastics precursors, and man made materials. As for green energy, every solar panel or windmill ever made required components that started life as crude oil or gas.
IMO, the extremely complex extradition flawlessly executed by our military (something I hope even Dem's will praise) is more about sending a message to China than acquiring oil. While the Dem's fiddle when China ravages the environment with their fishing amanda, Trump resurrects the spirit of Monroe and Teddy Roosevelt and tells China in no uncertain terms that the Western Hemisphere is ours and ours alone and we have the power to back it up.
(01-06-2026 03:13 PM)TripleA Wrote: I never said VZ's oil was ours, doofus. We were in there from the beginning building up their industry. We weren't stealing from them.
All I'm talking about is them returning to VZ to kick up its oil production, and obviously sharing the profits AS THEY GO with VZ. Profits VZ doesn't currently have b/c Chavez and Maduro literally ran the industry into the ground.
Initial estimates are they can have full production up and running in about 18 months.
And if they don't want to do it, BFD. VZ's new gov will just have to figure it out, and I'm sure they can learn with our help. We can get somebody in there to repair their infrastructure and start pumping a helluva lot more oil that they currently are, and share the profits. Maybe Chevron alone. Maybe Canadian oil companies if ours say no.
You don't have the first ******* clue what you're talking about. For the love of God, STOP LISTENTING TO POLITICIANS ABOUT THE O&G INDUSTRY!!!
18 months...
The US oil industry is currently hemorrhaging jobs due to trumps incompetence. All their investments are tied up in Canada, which currently produces.
Where pray tell do you expect them to get the workers and money to achieve this 18 month Utopia...in a country with unstable infrastructure and a wildly uncertain government?
Do you really think domestic workers were the ones who originally drilled and built the infrastructure to handle the oil there? Tribunals awarded Exxon Mobile and Conoco Phillips 1.6 billion and 8.7 billion respectively after the last nationalization under Hugo Chavez in 2007. As for workers---according to you---sounds like plenty of laid off US oil workers are available for the job of putting that infrastructure back into working order.
Yep. Tom acts like they're building an oil industry from scratch. I have no idea how long it will take, but I think it's entertaining that the idea of 18 months made Tom blow his lid.
You could tell Tom that the sky is blue, water is wet and grass is green and he would blow up.
(01-06-2026 12:01 PM)Redwingtom Wrote: And do you have even the slightest confidence that someone like trump, drunk pete, and 'lil Marco are going to be able to pull it off?
Much more so than this murderer's row of "leaders".
Good grief thats a short bus crew if ive ever seen one.
(01-06-2026 12:01 PM)Redwingtom Wrote: And do you have even the slightest confidence that someone like trump, drunk pete, and 'lil Marco are going to be able to pull it off?
Much more so than this murderer's row of "leaders".
Good grief thats a short bus crew if ive ever seen one.
(01-06-2026 12:01 PM)Redwingtom Wrote: And do you have even the slightest confidence that someone like trump, drunk pete, and 'lil Marco are going to be able to pull it off?
Much more so than this murderer's row of "leaders".
Good grief thats a short bus crew if ive ever seen one.
(01-06-2026 08:16 PM)Tiger1983 Wrote: IMO, the extremely complex extradition flawlessly executed by our military (something I hope even Dem's will praise) is more about sending a message to China than acquiring oil. While the Dem's fiddle when China ravages the environment with their fishing amanda, Trump resurrects the spirit of Monroe and Teddy Roosevelt and tells China in no uncertain terms that the Western Hemisphere is ours and ours alone and we have the power to back it up.
What people don't realize is that we will be paying MARKET PRICE for the oil, which is more than what Maduro was selling it to our enemies for. That is going to help the people of Venezuela because it will go into their Treasury and not Maduro and Co's pocket.
(01-06-2026 12:38 PM)VA49er Wrote: If this is "all about the oil" then why are millions of Venezuelans across the planet celebrating the removal of a dictator?
Go look up "not mutually exclusive."
Well, yeah, I thought that was a given. However, the left is only concentrating on orange man bad and completely ignoring the freedom that was just given to millions of Venezuelans. It's almost as if the left would have preferred the people of Venezuela continue to live under a ruthless dictator.
Exactly what have they been given freedom from? Who's currently running their government?
I would think you might want to wait a bit to spike the ball of "freedom" in a country with well over a decade of draconian rule.
Perhaps if anyone knew what the point of all this was...and what the detailed plan is for going forward...we could focus on that and debate that. Instead we're in chaos from an administration that can't message for ****.
Silly given Biden had the $50 million bounty for information leading to Maduro's arrest or conviction on drug trafficking and weapons charges.
(01-06-2026 03:13 PM)TripleA Wrote: I never said VZ's oil was ours, doofus. We were in there from the beginning building up their industry. We weren't stealing from them.
All I'm talking about is them returning to VZ to kick up its oil production, and obviously sharing the profits AS THEY GO with VZ. Profits VZ doesn't currently have b/c Chavez and Maduro literally ran the industry into the ground.
Initial estimates are they can have full production up and running in about 18 months.
And if they don't want to do it, BFD. VZ's new gov will just have to figure it out, and I'm sure they can learn with our help. We can get somebody in there to repair their infrastructure and start pumping a helluva lot more oil that they currently are, and share the profits. Maybe Chevron alone. Maybe Canadian oil companies if ours say no.
You don't have the first ******* clue what you're talking about. For the love of God, STOP LISTENTING TO POLITICIANS ABOUT THE O&G INDUSTRY!!!
18 months...
The US oil industry is currently hemorrhaging jobs due to trumps incompetence. All their investments are tied up in Canada, which currently produces.
Where pray tell do you expect them to get the workers and money to achieve this 18 month Utopia...in a country with unstable infrastructure and a wildly uncertain government?
Do you really think domestic workers were the ones who originally drilled and built the infrastructure to handle the oil there? Tribunals awarded Exxon Mobile and Conoco Phillips 1.6 billion and 8.7 billion respectively after the last nationalization under Hugo Chavez in 2007. As for workers---according to you---sounds like plenty of laid off US oil workers are available for the job of putting that infrastructure back into working order.
Yep. Tom acts like they're building an oil industry from scratch. I have no idea how long it will take, but I think it's entertaining that the idea of 18 months made Tom blow his lid.
For someone who thinks he’s an expert on most topics and doesn’t understand a deductible, he’s got the oil industry figured out
I forget that Tom is the resident O&G industry know it all.. He uses Mr. Global, who none of the big boys know of or use. I mean I had to make an emergency trip to Mississippi last week and all the guys I know that work offshore was lamenting how they should've went to school and got a degree in gender studies or liberal arts cause they were all being laid off or their rigs stacked...
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