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tblue37

(67,859 posts) Wed Nov 26, 2025, 07:05 AM Wednesday

Rep. Salazar: "Venezuela for the American oil companies will be a field day."

No more wars for oil.
— George Takei (@georgetakei.bsky.social) 2025-11-25T21:34:31.772Z

2 replies

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Rep. Salazar: "Venezuela for the American oil companies will be a field day." (Original Post) tblue37 Wednesday OP

Why does a nation that out produces the Saudis and the Russia need anyone elses oil during a glut and ... marble falls Wednesday #1

Good Question ProfessorGAC Wednesday #2

marble falls

(69,954 posts)

1. Why does a nation that out produces the Saudis and the Russia need anyone elses oil during a glut and ...

Reply to tblue37 (Original post)

Wed Nov 26, 2025, 07:14 AM

Wednesday

... time that other sources of cleaner energy are becoming more prominent every year???

ProfessorGAC

(75,477 posts)

2. Good Question

Reply to marble falls (Reply #1)

Wed Nov 26, 2025, 10:43 AM

Wednesday

I'll hazard a guess.
They overproduce Venezuelan oil, increase the glut, drive prices down, gas gets cheap, transport cosrs go down lowering inflationary pressures, and Rs can take a victory lap going into the mid-terms.
They very well be taking desperate measures because they're scared on the '26 results.
Doesn't make it legal or right, but they don't care about legal or right. They just care about power.

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