RE:RE:RE:SAY WHAT ! US EASES SANCTIONS On 10 RUSSIAN BANKSKelvin wrote: Yes the country is overflowing with optimism that Edmundo Gonzlez Urrutia will be elected as president of Venezuela this coming July 28 because the US, with Chinese approval or at least acquiesence, has negociated a transition to a more investor friendly government. Chevron just started a $600 million USD project that will bring 90,000 bbl to market by Q4 2025. Reliance of India is talking $3 billion, then there's ENI, Repsol, Total, Shell, CNOOC, Rozneft, Gazprom and a bunch of others. Some Canadian juniors like NSE are already producing after working over existing wells to get them back online. Yep, Joe needs cheaper oil. The global economy wants to keep a lid on inflation as well. Most everybody's interests, no matter how adversarial they may be, coincide in that Venezuela needs to bring more oil online.
Venezuela, yup that is a word that occupies my mind for about a Pico second every day. What are you on about?