RE:RE:RE:Biden: F_U Canada. We're going to Venezuela.
- VZ NEEDS BILLIONS OF US DOLLARS in CAPEX just to INCREASE COP by a few hundred thousands bbls/d in about 2 YEARS TIME
- they have BILLIONS in DEBT to FOREIGN CREDITORS that has STILL NOT BEEN PAID {and the COURTS TO BACK THEM}
- WHO is going to TAKE THE RISK besides CHEVRON (backed by the US government) and the Russians ?
- the Chinese LENT VZ BILLIONS and they GOT BURNED
- there are MAJOR HURDLES along the way to MAKE VZ a MAJOR EXPORTER AGAIN
z173