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US to get stake in Venezuelan Oil Fields!

US to get stake in Venezuelan Oil Fields!

Debates


@shavixmir said
You do know that this will push Venezuela into voting left-wing and nationalising the oil, and booting out that oil company (and the US), don’t you?

I mean… learn from history, maybe?
What?

History repeating itself?

What???

But yes, Venezuelans recognize this "deal" as being made at the point of a gun. That's the only kind of "deal" Trump knows how to make, aside from very bad, self-owning ones, which then are spray-painted gold and spun with glitz and glitter on social media for the consumption of bleating MAGA rubes.


@shavixmir said
Oh, do you mean like murdering children at a wedding then?
I think there were 3 weddings going on in Hiroshima, they cotton to morning weddings. You should mention truman and Obama and Clinton (the aspirin factory... ouchhh) when you bring up President Trump. The ogre of necessity surrounds our presidents don't you know.....


@AverageJoe1 said
I think there were 3 weddings going on in Hiroshima, they cotton to morning weddings. You should mention truman and Obama and Clinton (the aspirin factory... ouchhh) when you bring up President Trump. The ogre of necessity surrounds our presidents don't you know.....
So you admit that bombing Hiroshima was a crime against humanity.


@AverageJoe1 said
Lord, I hope you fellers do not portend to weigh in on this heavy matter!
Don't allow Trump to nail another accomplishment!!!!

President Donald Trump announced an agreement on August 28, 2026, giving the United States a 55% majority stake in 17 oil fields across Venezuela that hold an estimated 65 billion barrels of crude oil.
Steeling stuff is great. Who doesn't want to be a pirate. Arrrgh Arrgh Arrgh!


@kmax87 said
Steeling stuff is great. Who doesn't want to be a pirate. Arrrgh Arrgh Arrgh!
The concept of 'an agreement' and the concept of 'stealing' hardly go hand in hand. Are we missing your point. We are stealing nothing. And yoiu libs are always against EVERYTHING, even if, as is this example, it is a a great score for the usa.,
Y'all are pitiful, and exhibit short thinking. Yesterday i was all about high gas prices, and yet you chide Trump for amassing more oil.

🤔 🤔 🤔

Your response? And remember, before going off the handle, maybe complaining about his chess-move of Lake Ontario, there is an AGREEMENT about the oil.
Geez


@shavixmir said
So you admit that bombing Hiroshima was a crime against humanity.
Where did I write that? You know, suzianne, gets her info from these posts.

I have used the deaths which happened in Hiroshima and Nagasaki to compare to the nature of war(s). Whatyoutalkinbout?

You again change the issue from what you and your squirmy friends are calling murder in war, to the deaths which occur in war as the result of weapons which are built for the purpose of putting down enemies.

We, or at least me, are not talking about humanity, with he exception of the inhuman leaders of Iran. Savages. Could be tran as well.


@AverageJoe1 said
The concept of 'an agreement' and the concept of 'stealing' hardly go hand in hand. Are we missing your point. We are stealing nothing. And yoiu libs are always against EVERYTHING, even if, as is this example, it is a a great score for the usa.,
Y'all are pitiful, and exhibit short thinking. Yesterday i was all about high gas prices, and yet you chide Trump for a ...[text shortened]... , maybe complaining about his chess-move of Lake Ontario, there is an AGREEMENT about the oil.
Geez
Sure. Was the agreement and offer they couldn't refuse?


@kmax87 said
Sure. Was the agreement and offer they couldn't refuse?
Check wWildrgrass. He really likes to get in the weeds to find out what something 'already says', as if he can do someting about it!! 😆
I trust our administration. I didn't read the Abraham Accords, either.
Check w Wildgrass. Engage in conversation with him, but please keep me out of it.

2 edits

@kmax87 said
Sure. Was the agreement and offer they couldn't refuse?
There's a lot that's unclear like who's going to come up with the estimated $100.billion in equipment and other costs needed to get these fields up and running. Supposedly it's not going to cost US taxpayers a dime according to the Donald but a US government agency is supposed to hold a 55% stake in the corporation given the contract AND a large share of the oil extracted is supposed to be sold to the US government at "production cost".

The economics don't seem to make sense to me.

EDIT: Again "Word TOO LONG". It's from whitehouse.gov and is a fact sheet entitled: "Fact Sheet: President Donald J. Trump Announces Historic Oil Agreement to Secure American Energy Dominance and Drive Venezuela’s Economic Recovery"

EDIT: Sorry, 35% but:

"ABEP has granted the U.S. Department of State the right to purchase, at production cost, a guaranteed 20% of the off-take from all current and future fields NABEP will operate"

"NABEP has also granted the U.S. Department of State the right of first refusal to purchase the remaining 80% of its production,"

https://www.whitehouse.gov/fact-sheets/2026/08/[WORD TOO LONG]/

What private company would sink $100 billion of its own money in an investment with conditions like that?


@no1marauder said
There's a lot that's unclear like who's going to come up with the estimated $100.billion in equipment and other costs needed to get these fields up and running. Supposedly it's not going to cost US taxpayers a dime according to the Donald but a US government agency is supposed to hold a 55% stake in the corporation given the contract AND a large share of the oil extracted is supposed to be sold to the US government at "production cost".
Well hopefully they avoid the glaring inequity of Anglo Iranian oil deal where the Iranians were getting 16% of the nett profit, which led to Mossadegh and nationalization and the Shah and the Ayatollah's and still today, issues around the Strait of Trump.

Hopefully a win win deal can be struck.

1 edit

@AverageJoe1 said
and yet you chide Trump for amassing more oil.
Trump CALLED it 'an agreement'. That doesn't mean there was an agreement.

Trump lies with every breath. Haven't you seen what happens when he promises something? Have you ever heard of 'TACO'?


What we're chiding Trump for is stealing more oil.



Exactly like the US stole Iraqi oil after they killed Saddam Hussein.

Meet the new boss, same as the old boss.


@AverageJoe1 said
The concept of 'an agreement' and the concept of 'stealing' hardly go hand in hand. Are we missing your point. We are stealing nothing. And yoiu libs are always against EVERYTHING, even if, as is this example, it is a a great score for the usa.,
Y'all are pitiful, and exhibit short thinking. Yesterday i was all about high gas prices, and yet you chide Trump for a ...[text shortened]... , maybe complaining about his chess-move of Lake Ontario, there is an AGREEMENT about the oil.
Geez
Your obsequiousness is really getting nauseating.

You sound like a Cabinet member.


@AverageJoe1 said
Where did I write that? You know, suzianne, gets her info from these posts.

I have used the deaths which happened in Hiroshima and Nagasaki to compare to the nature of war(s). Whatyoutalkinbout?

You again change the issue from what you and your squirmy friends are calling murder in war, to the deaths which occur in war as the result of weapons which are built for ...[text shortened]... about humanity, with he exception of the inhuman leaders of Iran. Savages. Could be tran as well.
I would really appreciate it if you kept my name out of your filthy mouth.


@AverageJoe1 said
Lord, I hope you fellers do not portend to weigh in on this heavy matter!
Don't allow Trump to nail another accomplishment!!!!

President Donald Trump announced an agreement on August 28, 2026, giving the United States a 55% majority stake in 17 oil fields across Venezuela that hold an estimated 65 billion barrels of crude oil.
Now explain to us all how the US is entitled to this.


@AverageJoe1 said
But the landscape is different now, you see. It is laughable that you say that they would kick corporations out with Trump being in charge.. You have seen him kick butt before so maybe You should learn from history..
And it puzzles me how you liberals are always complaining about Trump, who’s every move will in the end help everyone in the world. For instance is h ...[text shortened]... go in there and wipe them out. But before all of that, the Strait Hormuz will be flowing smoothly.
The ONLY butt Trump is capable of kicking is his own.

Are you going to Dallas next week for some alone time with Trump's butt?

You better buy your golden shower ticket in advance because I understand every Republican politician is getting in line right now to pay tribute (literal tribute... money, money, money) to Trump at the convention.