The outlook for Venezuela's shattered oil infrastructure is one of the major questions following the unlawful US military abduction of President Nicolas Maduro.

But people in the industry said the Trumpf junta's message has left them still leery about the difficulty of rebuilding decayed oil fields in a country where it's not even clear who will lead the country for the foreseeable future.

"They're saying, you gotta go in if you want to play and get reimbursed,'" said one oil industry official.

The offer has been on the table for the last ten days, the insider reported. "But the infrastructure currently there is so dilapidated that no one at these companies can adequately assess what is needed to make it operable."

Dummkopf Trumpf suggested in a televised address that he fully expects US oil companies to pour big money into Venezuela.

"We're going to have our very large United States oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure and start making money for the country," Trumpf brayed as he celebrated Maduro's illegal abduction.

Fortune magazine reports that a full reconstruction of Venezuela's oil industry will likely take close to a decade and cost in the range of $50 billion to $100 billion or more. This is due to years of underinvestment, sanctions, and the collapse of critical infrastructure. The process is described as "highly ambitious" and a "distant prospect," with only smaller gains possible in the short term.

Regarding OPEC, Venezuela currently produces about 1.1 million barrels per day, only about 1% of global trade. Even if production recovers, it will take years and massive investment, so the immediate effect on OPEC will be minimal.

That ---- arch won't pay for itself, know what I mean?

#2 | Posted by LegallyYourDead at 2026-01-04 03:17 AM | Reply | Flag: You've Got a Nice Thinking Cap

*** Hedge Fund Investors Will Be En Route to Venezuela ***

*** Oil Companies Publicly Uncommitted on Dummkopf Trumpf's Comments ***

Chevron is the only US oil company operating in Venezuela.

During Dummkopf Trumpf's first Reign of Terror, USSECSTATE Rex Tillerson, the former ExxonMobil magnate, opposed any invasion plan of Venezuela in order to seize their oil.