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>>173139Wall Street Mav @WallStreetMav - U.S. oil companies like ExxonMobil and ConocoPhillips left Venezuela in 2007 after Hugo Chavez nationalized oil.
International arbitrations awarded them billions of $$$, but Venezuela has paid only a fraction.
US companies developed the tech to make low quality heavy oil viable. Spent billions of $$$ building up Venezuela's infrastructure. Venezuela was making tons of money via taxes and royalties.
But the socialists wanted everything. They confiscated an industry that was producing 3 million bpd, then their mismanagement caused it to fall apart. Now they produce only 1 million bpd.
https://x.com/WallStreetMav/status/2008754568369254403WarNuse @WarNuse - "What Storm, Mr. President?"
https://x.com/WarNuse/status/1946601388965761197WarshipCam @WarshipCam - USS Fort Lauderdale (LPD 28) San Antonio-class Flight I (Transitional) amphibious transport dock coming into Ponce, Puerto Rico - January 6, 2026 SRC: X-@MichaelBonet8
https://x.com/WarshipCam/status/2008662151070941257Washington Free Beacon @FreeBeacon - Mamdani Taps Prep School Socialists for Senior Press Roles
https://freebeacon.com/democrats/mamdani-taps-prep-school-socialists-for-senior-press-roles/https://x.com/FreeBeacon/status/2008677223105237229
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