lol snacks didn't dispute anything
lol plunder
lol snacks didn't dispute anything
he's barely articulate
,
Last edited by Yonivore; 01-11-2026 at 04:41 PM. Reason: Wrong thread - took me awhile to get back here to fix it.
Why would oil companies compete with their own heavy crude operations they spent half a billion on in Canada?
Yeah and still nothing.
How the did these morons not think of a complete plan of what to do before invading? This is why it would have been great to get Congress' opinion on it.
Yeah and still nothing.
How the did these morons not think of a complete plan of what to do before invading? This is one reason why it would have been great to get Congress' opinion on it.
Darren Woods didn't suck Trump's d!ck right, so Exxon is out
lol Yonivore's backflipping
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Last edited by Winehole23; 01-14-2026 at 07:52 PM.
We'll see Mr. Conclusion Jumper. There are other companies. I suspect Exxon will eventually want in.
Great post, snakes.
That's Trump's conclusion.
If you can explain, in your own words, why Exxon would want to compete against its own multi-billion dollar heavy oil operations in Canada and Illinois, we're all ears.There are other companies. I suspect Exxon will eventually want in.
"....Most of the large international oil majors present in the White House meeting have a long history in Venezuela, meaning they have all had their fingers burned. Two waves of oil industry nationalisation in the 1970s and 2000s forced many of them to hastily withdraw from the country, leaving behind huge losses they have yet to recoup.
"Oilfield service providers could be reluctant to commit resources in Venezuela because they’re still owed massive amount of money. So Venezuela should commit to pay oilfield service providers that debt as a way to have them in back," Welligence’s Bellorin said.
But Trump appears to be suggesting the opposite...."
https://www.reuters.com/markets/comm...am-2026-01-12/
I could see Billy Bob Thornton heading there I guess for a smaller firm desperate to take a gamble
https://oilprice.com/Energy/Crude-Oi...-Capacity.htmlIncreased availability of Venezuelan crude is, however, likely to take a toll on demand for Canadian crude, Mexican Maya, and Middle Eastern grades. The U.S. still buys 80% of Canada’s crude output, despite the recent TMX expansion improving access to Asia. This helps to keep WCS (Western Canadian Select) prices tied to U.S. refinery demand and alternative heavy grades. On the other hand, more Venezuelan flows are likely to benefit Mid-continent and West Coast refiners, including British Petroleum (NYSE:BP) and HF Sinclair (NYSEINO), thanks to greater WCS discounts if Gulf Coast demand is displaced.
That said, Venezuela’s low-hanging fruit is rather limited: According to Norwegian energy consultancy Rystad Energy, only 300-350 kbpd can be quickly restored with minimal spending from the current clip of 800,000 bpd-1 million bpd, with production beyond 1.4 mbpd requiring heavy, sustained investment.
Rystad estimates that Venezuela will require $53 billion over the next 15 years just to keep production flat at 1.1 mbpd, but could need up to $183 billion over the same period to ramp up production to over 3 million bpd, roughly equivalent to the entire North American land capex for one year.
According to Kayrros, numerous oil storage tanks at the Bajo Grande and Puerto Miranda terminals are out of order due to corrosion and a lack of maintenance. But this is an industrywide problem: Kayrros estimates that roughly a third of Venezuela’s storage capacity is currently inactive, reflecting unusable storage tanks, reduced refinery operating rates, and declining oil production. Meanwhile, operations at the large interconnected Amuay and Cardón refineries are running below 20% of capacity, essentially turning them into “de facto storage centres” according to the experts.
Not surprisingly, Venezuela’s pipeline network is in a similar state of disrepair: A leaked do ent from PDVSA in 2021 revealed that the country’s oil pipelines had not been updated in 50 years, with Venezuela’s National Oil Company estimating it would take a staggering $58 billion to get them back in peak condition. Recent estimates have placed the figure in excess of $100 billion. Venezuela’s operational oil pipeline network has a total length of 2,139 miles (approximately 3,442 kilometers). For some perspective, the UAE, which produces approximately 3.2 million bpd, has ~9,000 km of oil pipeline.
Last edited by Winehole23; 01-14-2026 at 10:56 AM.
I kind of suspect Trump Oil is going to come into existence sometime soon.
Which will inevitably need a government bailout. Or huge govt contract or something.
this is not lawful, this is piratical
lol "at least some of the revenue"
https://www.semafor.com/article/01/1...ceeds-in-qatar![]()
Too old for anything except the air force reserve. I can't swim so I can't even join the navy.
But in the wake of these ICE riots, this sentiment holds even more true, if we had these idiots actually in military uniform instead of trying to fight our own government's efforts to remove third world moochers and criminals from our country, then we would have a much more unified country, like with WW2 and even early stage Iraq/Afghanistan.
that's Nazi talk, tbh
Iran, Venezuela, let's get 'em both. Re-establish them as allies and opec friendlies to compete with the Saudi's etc. The Saudi vs Iran hate is not about religion i.e. Sunni vs Shia, it's about oil supremacy 100%. Encourage free and fair compe ion. End the tariffs, bring back free trade.
Let's imagine we took every single one of those draft age eligible "no kings" and anti-ICE rioters, most of which are unemployed living with family anyway, and drafted them to maintain Iran and Venezuela. We would have near zero domestic conflict like the crap we've seen in Minnesota and Portland and other places recently, and we would have a very strong peace through strength, American exceptionalist foreign policy that would reign over the world. And ICE would be free to actually do their job of rounding up, seizing, and deporting all of the illegals, ending migrant crime.
Everyone unemployed (and not actively in fulltime higher education) under 30 should be draft eligible. That would solve a lot of the black-on-black crime in the big urban cities as well.
I really hope Rubio and not Vance is the next GOP nominee. Rubio is most similar to Bush and Reagan and life was best and least polarized when they were President.
Contrary to leftist popular belief, Obama and not Trump was the starting point of the divisive polarization era. BLM started in the early 2010s, not late 2010s, "my son would have looked JUST like Trayvon", etc. Obama was Divider-In-Chief and Trump has just been the opposite inverse. It's time to return to an era before 2008.
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