Why can't USA buy oil from Venezuela instead of buying from arabs?
its almost like venezuela has a crazy commie dictator that hates the USA
>>75765249
The president would halt shipment of oil to the US after we pay and claim it's theirs.
>>75765278
Maduro is a piece of shit, but still better than the arabs
>>75765321
venezuelans are starving while the saudis dick around in their ferraris
Well, Goldman Sachs just bought Venezuelan government bonds...
They don't want to boost a competitor that sits right on their back yard?
>>75765249
We do but their crude is like toothpaste and it's expensive to refine it
we aren't buying much oil from the Arabs either, they just rush it into the port as soon as shale or Albertan oil drop a bit
I thought Citgo gas stations sell Venezuelan oil.
>>75765249
it does...
>>75765325
Every time a company attempts to do anything inside Venezuela, the Venezuelan government comes in and takes everything. It's like the thought that businesses would leave never entered their mind. Granted these businesses were looking to get a better deal avoiding US taxes and labor laws. They must convince outside countries to invest in them again.
>>75765249
USA doesn't buy oil from the arabs, american (and british) companies buy the rights to extract the oil
they wouldn't do the same in venezuela because the second the economy goes south they would nationalise (steal) the oil companies assets in the country
>>75765479
It looks like the US does get a small percentage from Venezuela, but it's less than we get from Mexico.
>>75765249
Because they actually buy very little oil from the Middle East. Most it's internal or Canadian. ME relations exist solely to prevent Iran from becoming the dominant regional power, act as a regional base for power projection and sell weapons to incompetent armies
https://www.youtube.com/watch?v=cZk4Yu42g0I
>>75765435
This. Nobody sane would start something in Venezuela when Maduro is stealing left and right.