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.
Lol Donny you’re losing the thread here you gotta pretend to fuck over foreigners, not Americans. Come on now, focus!
Wait! Isn’t socialism, according to the american doctrine, a very bad thing?
Reimbursing oil companies does not seem like socialism.
It’s hard to pass as “sound investment”, also.
Paul Singer will take this all the way up to the Supreme Court… again.
what an absolute scam wizard
They’ve always been doing this anyway. Your taxes fund dividends.
We pay for the honer of paying more later. Its the circle of grift.
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.
by that time, renewables would already dominate the market for decades already.
Socialize loss, privatize profits.
I believe this saying would be more accurate stated as follows:
Nationalize debt, privatize profit.
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?
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?
Because fascism == corporatism, and we’rr living under a fascist regime.
I hate to break it to you, but Trump sort of wants all of our money.
his wealth has grown like 3x since he was elected, before that he was losing quite a bit of money fending of lawsuits and other cases in court.
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?
they are also obsessed with longevity, they want to outlive the people they exploited so they dont come after them, plus to remain relevant.
Clearly there aren’t many leftists around me
Sounds likely. I don’t know aren’t terrified of a society that glorifies unreasonable accumulation.
Cool, we can just make a new currency
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…
“America First”.
Lmao.
Imagine being a MAGA brainlet in 2026.
Those fucks already receive billions in corporate socialism.
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.
just like we bailed out one of bailed out us investors in argentina with 40bn.
HELL FUCKING NO
