Domain: tiger-web1.srvr.media3.us “Exxon CEO calls Venezuela ‘uninvestable’ without ‘significant changes’” | Page 2 | Money Talk
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re: “Exxon CEO calls Venezuela ‘uninvestable’ without ‘significant changes’”

Posted on 1/10/26 at 2:35 pm to
Posted by JackDempsey
Lake Charles
Member since May 2023
762 posts
Posted on 1/10/26 at 2:35 pm to
Also, if a Democrat takes office in 3 years the government's stance towards Venezuela could change dramatically. Big oil needs 100% guarantees from the U.S. government before they deep dive billions there. After all, they are doing just fine right now and oil is less than $60 per barrel.
Posted by SaintsTiger
1,000,000 Posts
Member since Oct 2014
2075 posts
Posted on 1/10/26 at 2:50 pm to
quote:

That is true. But, it’s also the reason there isn’t anyone within Venezuela’s borders willing to help. It’s also the reason Argentina’s navy couldn’t leave its own shores without someone seizing its ships.


How many times were ships seized from Argentina? Are you saying there was a something like blockade?

The summary I read said Singer seized one ship in Gahna, but due to international pressure it was released. Later, Argentina voluntarily paid off the bonds.
Posted by Stat M Repairman
Member since Jun 2023
1944 posts
Posted on 1/10/26 at 9:11 pm to



Posted by leeman101
Huntsville, AL
Member since Aug 2020
2554 posts
Posted on 1/11/26 at 6:42 am to
quote:

if a Democrat takes office in 3 years the government's stance towards Venezuela could change dramatically


That is the current short term risk. I was thinking the same. The liberals could give it back like Carter did the Panama canal. Or let a dictator return.

Trump should use Venezuela oil as a way to protect the US so called places like in Alaska were the environmentalists want to protect. He could use this as a way to look like he is environmentally friendly. His argument could be - Why drill in protected areas now that we got Venezuela oil. That would be slick.
Posted by Potchafa
Avoyelles
Member since Jul 2016
4297 posts
Posted on 1/11/26 at 9:10 am to
Unless your wealthy. Investing in oil & gas is dumb.
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6994 posts
Posted on 1/11/26 at 12:03 pm to
quote:

Considering Huey Long’s family is still receiving royalties from Louisiana’s oil



Wait, the Long family is still receiving royalties from Louisiana oil? How in the pluck does this happen.
Posted by JackDempsey
Lake Charles
Member since May 2023
762 posts
Posted on 1/11/26 at 1:31 pm to
I am dumb. I despise my quarterly dividend payments.
Posted by ragincajun03
Member since Nov 2007
28348 posts
Posted on 1/11/26 at 2:12 pm to
quote:

Venezuela is the largest reserves in the world.


Oil reserves is one thing. Price point is another.

Not all those reserves are economical at $55 oil. Some are. Some aren’t.

What percentage of those reserves can be economically recovered now, and what percent needs say…$75 oil, or $100 oil?
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
9131 posts
Posted on 1/11/26 at 11:29 pm to
Well, Darren's little "uninvestable" remark just got Exxon on Trump's sh!t list.

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Posted by JackDempsey
Lake Charles
Member since May 2023
762 posts
Posted on 1/12/26 at 5:38 am to
Trump may be doing ExxonMobil a favor, we shall see.
Posted by ragincajun03
Member since Nov 2007
28348 posts
Posted on 1/12/26 at 6:22 am to
If that’s our President’s response to that one take by Woods, then Vance or someone needs to advise him to not be so overly sensitive.
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
9131 posts
Posted on 1/12/26 at 8:10 am to
quote:

If that’s our President’s response to that one take by Woods, then Vance or someone needs to advise him to not be so overly sensitive.
Overly sensitive? This guy is probably seething from comments at the Golden Globes last night.
Posted by ragincajun03
Member since Nov 2007
28348 posts
Posted on 1/12/26 at 8:44 am to
quote:

the Golden Globes last night.


I didn't realize that was last night.

Any right-leaning, pro-America politician should take it as a compliment if a bunch of pedo enablers in Hollywood have mean things to say about you.
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