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.
Even if Trump hangs around as a dictator there’s still no point investing in Venezuela. It’s not as if there is even a global oil shortage so why would you want to build more infrastructure.
Trump is looking at fighting a war in Venezuela, Greenland and at home. How could anybody possibly think this regime is ever going to be anything near stable?
I’ve played enough Battlefield to know that a war in a oil field is nothing at short of spectacular.