So US companies will be "rebuilding" the Venezuela oilfields. Are we going to "Drill baby drill?" Will this save HAL?
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Venezuela is uninvestable without US boots on the ground guarding everything. The move is more about trying to block oil going to China, but they simply switched to Iran. This is more of an opening move of WWIII than an investment opportunity.
No.
Companies aren’t rebuilding sht without someone financing and no one is going to invest in that shthole without someone financing it that isn’t themselves and oil is cheap and capital is expensive so that’s not gonna happen.
Nah, which Oil company is going to invest money in more oil expedition when gas prices are depressed. Does it make sense?