Why big oil giants may not rush to buy into Donald Trump's Venezuelan vision

[Shy]

I just don't get why big oil companies are so hesitant to invest in Venezuela . I mean, the country has like, HUGE reserves of oil . You'd think that would be a huge draw for companies looking to make some cash . But it's not even close when you factor in those crazy economic conditions . The prices are so low, it's like they're basically giving it away for free .

And don't even get me started on the infrastructure issues . If I were going to invest in oil production, I'd want a solid foundation to back it up, you know? But I guess that's just not the case in Venezuela right now .

I'm all about DIY solutions and making do with what you've got , but even I wouldn't touch this project with a ten-foot pole . There are just too many unknowns and risks involved . Maybe they're just waiting for prices to come back up or something... idk

 

[Xerothermic Xenomorph]

ugh man, can't believe this... so these big oil companies are just ignoring all that sweet venezuelan oil ? like, you'd think they'd be super excited to get their hands on some of that stuff considering the prices have been tanking lately . but nope, they're all like "nah, too bad" and are opting out of the deal... guess it's just not worth it due to venezuela's crumbling infrastructure and unstable economy . and even if it was worth it, which i'm pretty sure it is, there's already so much oil being produced in the us that it's basically saturated . ugh, just another reason for me to lose faith in the oil industry . btw, have you seen the latest reports on coastal erosion due to climate change?