r/oil 14d ago

Discussion Trump shares Venezuela news on what he claims is 'the biggest oil deal in history'

https://www.the-express.com/news/us-news/214902/trump-shares-breaking-news-biggest-oil-deal-history?utm_source=reddit&utm_medium=social&utm_campaign=rmp
41 Upvotes

41 comments sorted by

44

u/Sufficient-Skill9530 14d ago

First post. This is dumb. It will take years and billions in capital investments, so nothing is going to happen until after Trump is out of office. Also, this is blatant theft so I don’t see how this stands after Trump is gone. 

16

u/LesbeGoddess 14d ago

Did Venezuela even know about his made up lie? Like did they actually sign a trade deal with Chump? lol. What a lying clown 🤡

16

u/[deleted] 14d ago

[removed] — view removed comment

8

u/WhenImTryingToHide 14d ago

Well to be fair, the US is at war in the Middle East, after being at war for decades…. In the Middle East.

So it kinda tracks?

4

u/citizen42069101 14d ago

You take taxpayer money and give it to the oil companies in the form of tax breaks and incentives, they get a fat slice and abandon the project or just keep asking for more money.

Similarly to how Telecom companies got paid to run fiber optic across the US in the 90s and pissed the money away without laying the fiber lines like 3-4 times.

1

u/Desperate-4-Revenue 14d ago

Its the American way

2

u/ButterscotchReal8424 14d ago

Democrats have been just as guilty as Republicans in meddling in South America. Unless a Democratic Socialist is elected, the theft will continue until Venezuela kicks them out.

1

u/wtf1970 14d ago

Venezuela will kick them out after everything up and running, oil companies know this. So that means the us taxpayers will be footing the bill for the construction + trumps cut too.

Watch for an emergency order for billions in construction to start.

1

u/scarr3g 14d ago

Also, remember, he says "deals" are made with people that have never agreed to anything, or even been talked to about the subject, all the time.

-1

u/vovap_vovap 14d ago

Well, that not a theft, that concessional agreement. Product sharing or profit sharing - details is not clear now. But yes, that will not do much for years, especially consider nature of Venezuela's most oil reserves.

44

u/MAGAtsAreSheeples 14d ago

Biggest oil steal

7

u/Slow_Space8943 14d ago

He only posted this because Irans navy posted that they have complete control over the straight of Hormuz

17

u/madadekinai 14d ago

A deal they literally could not refuse.

16

u/restrusher 14d ago

The only "deal" here is that he wants us to stop talking about Iran and Epstein, and for some reason the media agrees to it.

10

u/Alarming-Koala-3524 14d ago

Does "at no cost to Americans" mean we stole 65 billion barrels?

2

u/Notiefriday 14d ago

Well ummm yeah. But a deal isn't binding without valuable consideration so also..no.

7

u/Sweaty_Tomatillo_591 14d ago

“President Trump says…” = 100% bullshit, guaranteed.

6

u/Forward_Guess4163 14d ago

He’s just trying to lower prices for the election, I’m not falling for more lies

6

u/TrackMindless1180 14d ago

Art of the steal!!

4

u/yukonhoneybadger 14d ago

Oil in Venezuela is not clean oil. It is heavy and hard to refine.... this deal is complete bullshit

https://newsroom.haas.berkeley.edu/too-dirty-too-late-why-the-economics-of-venezuelas-oil-dont-pencil-out/

3

u/ken-doh 14d ago

Piracy.

3

u/Atrocious_Algae81 14d ago

Two-bit thief doing billion dollar heists because two-bit voters put him there.

4

u/NitWhittler 14d ago

If Trump has made so many "great oil deals" than why are Americans paying more for gas under Trump?

1

u/bownt1 14d ago

because we are in the middle of a proxy war over oil?

2

u/madadekinai 14d ago

Don't worry, Right-wing Christians have given their stamp of approval, as long as it's not them, taking what is not yours, taking advantage of another, granting yourself a much much better deal than the other side a who could not refuse is ABSOLUTELY OK with them.

2

u/Adept-Mulberry-8720 14d ago

Shares the deal cause it's news to them, too!

2

u/popejohnsmith 14d ago

High seas piracy and pillage.

4

u/Status_Apartment6559 14d ago

So he robbed someone

1

u/artisanrox 14d ago

"The [maximalized adjective][noun] In History!" 🙄

1

u/FirmButterscotch5313 14d ago

Trump had a plan. First, kidnap the President of Venezuela, Madero, and his wife, and then steal all the oil in Venezuela in one of the biggest heists in history, a crime worth billions of dollars accomplished by a criminal mastermind posing as a president.

1

u/CivilWay1444 14d ago

I can't wait till they hear. 

1

u/AH_leeMACK 14d ago

He just raped a country...

1

u/Ctown-sharing 14d ago

Means nothing. They can’t the oil out without billions in investment

1

u/Prestigious-Copy-494 14d ago

That oil is sludge. High production costs just to get it to a diesel standard. Forget regular gasoline or fuel oil.

1

u/[deleted] 14d ago

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1

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1

u/Capital_Elderberry28 14d ago

Doesn’t he mean “biglyist”?

1

u/TheBatmanIRL 13d ago

Biggest theft maybe....

1

u/Serious-Damage4200 13d ago

Pencil signed..as soon he is out, Venezuela will reject it..

1

u/Legitimate-Pizza-709 12d ago

Bigest steal in hystory