Donald Trump has suggested US taxpayers could reimburse energy companies for repairing Venezuelan infrastructure for extracting and shipping oil.
Trump acknowledged that “a lot of money” would need to be spent to increase oil production in Venezuela after US forces ousted its leader, Nicolás Maduro, but suggested his government could pay oil companies to do the work.
“A tremendous amount of money will have to be spent and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue,” the president said.
The US energy secretary, Chris Wright, reportedly plans to meet representatives of Chevron, ConocoPhillips and ExxonMobil at the Goldman Sachs Energy, Clean Tech & Utilities Conference in Miami later this week.
Resistance becomes necessary once any crime becomes legalized in a mobocracy.
So he invaded Venezuala for oil money, but is planning to take a loss so that other people can sell that oil for him.
A genius businessman, everybody.
Double and triple losses. I’m certain the oil companies already wrote off their losses and were made whole on our dime as well.
The coolest thing? I was just watching a news story claiming it may take one or more decades to get things in order there. Billions and literal decades with nothing to show.
Socialize loss, privatize profits.
Goldman Sachs Energy, Clean Tech & Utilities Conference in Miami later this week.
Earnest wuestion: How does one find out about events like this with sufficient notice to organize protests to disrupt and shut these kinds of meetings down?
Those fucks already receive billions in corporate socialism.
“America First”.
Lmao.
Imagine being a MAGA brainlet in 2026.
FUCK THAT!
If taxpayers pay for it, then taxpayers should receive the profits.
Why the fuck should taxpayers finance capitalist ventures that only enrich the shareholders?
I hate to break it to you, but Trump sort of wants all of our money.
Cool, we can just make a new currency
Greedy bastards will never be satisfied.
At my age I think that is the only course in system that allows unrestricted hoarding of resources.
I don’t think these people have anything outside of their need to hoard in life. It is a mental illness.
I agree with you completely and I’ve been calling it out for years. People treated me like I was a crackpot for saying things like “infinite pursuit of growth is neither possible nor desirable.” Or “life isn’t a zero-sum game and a system that’s built to uplift everyone is better than a system designed to maximize gains for a few.”
Clearly there aren’t many leftists around me, or at least the ones who are hate me for different reasons. Maybe because I said MLs are authoritarians and no better than maga. I like democracy, it’s capitalism that needs to go. The Nordic model seemed to work just fine until right-wing propagandists invaded Scandinavia.
Oh, I also compared capitalists to cancerous growths, and that made the oligarchs feel so oppressed. Maybe that’s why billionaires these days are comparing themselves to holocaust victims. Those poor billionaires… won’t anyone think of the shareholders?
Clearly there aren’t many leftists around me
Sounds likely. I don’t know aren’t terrified of a society that glorifies unreasonable accumulation.
Because fascism == corporatism, and we’rr living under a fascist regime.
I’m no expert and would love to be told if this is wrong, from what I’ve heard, oil companies won’t be doing jack shit so I don’t think you will need to worry about your tax dollars reimbursing them.
Oil is barely profitable for investment at the moment.
If it was they could invest into US oil in the permian basin where there is still billions of barrels to go. Drill baby drill, I belive they say.
Investment would be much more stable in the US because fuck knows what is going to happen in venuzula in the next year, let alone in the next administration. They would probably lose it all over again.
It would be profitable for them if they get the taxpayers to cover all their expenses while keeping the gains for themselves.
It would be evil, but capitalism doesn’t care about that. They only care about what’s profitable, even if everyone else suffers as a result.
Oh, well yeah if the tax payers are tax paying then yes they are pretty fucked but I still don’t see them actually building anything.
He couldn’t even build a wall last time, she’ll be right mate.
I like your optimism, but walls don’t extract oil…
I am surprised to hear such a realistic assessment.
I thought this was going to be like the wall or tariffs, but yeah the us tax payer will fund the foreign country’s infrastructure.
HELL FUCKING NO
That article reads like they’re trying to sell the bear’s skin before they’ve caught it. They kidnapped the Venezuelan leader, but the rest of the old regime is still in power. The USA doesn’t control anything on the ground, yet they’re talking as if it’s a done deal and that they can just walk in and take over.
I also wouldn’t want to be a us oil company employee that gets send over to Venezuela. Even if the USA somehow manages to take control of the oil fields, there’s likely to be a lot of sabotage and guerilla attacks.
Yep. The US can’t exert real control without boots on the ground. Boots who would, once again, find themselves fighting angry, and well armed, citizens.
That sounds a lot like communism 🤔
they’re just teabagging us at this point
I feel like we could save a lot of money on waste fraud and abuse if we threw Shitler and the Turd Reich into Lake Michigan
No! Don’t pollute the waterways like that. There is a perfectly good zone on Venus we could launch them and they could enjoy the climate they keep working so hard to achieve.
But still can’t afford healthcare for our citizens, somehow.
This clown needs to be removed.
The US wants to kill off the non working citizens and funnel those savings to the oligarchy. Such efficiency. We really need to start hunting billionaires.
And there it is America. You will be paying for the oil baron’s windfall.
They’re already paying. They’re about to pay more. 😄
