Donald Trump has asked for at least $100bn (£75bn) in oil industry spending for Venezuela, but received a lukewarm response at the White House as one executive warned the South American country was currently “uninvestable”.
Bosses of the biggest US oil firms who attended the meeting acknowledged that Venezuela, sitting on vast energy reserves, represented an enticing opportunity.
But they said significant changes would be needed to make the region an attractive investment. No major financial commitments were immediately forthcoming.
Companies have usually avoided morally dubious actions in worlds spotlight, because it deters investors.
Not sure if anyone wants to touch Trumps fresh smelly turd… at least directly and visibly.
They also adjustment in the business of throwing away money on PR nightmares…
The math doesn’t math here. Oil barrel prices are very low, so low they’d be investing billions to lose money operating them