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applegrove

(130,636 posts)
1. He wants more oil because he thinks it will make him and his friends rich.
Sat Jan 10, 2026, 02:50 AM
Jan 10

Control over resources makes $$$. Except with renewables, electric cars and the US producing more shale oil their will be a glut when Venezuela produces at a much greater capacity. Don't forget that OPEC works by cutting production to increase the price of oil. Venezuelan production went down in the early 2000s. That allowed shale oil room to grow into markets without tanking the price of oil. Trump is not only the rare person to bankrupt casinos, he may be the rare person to not make billions for the oil industry. If Venezuelan oil keeps money out of Russia's hands with inevitable lower prices, I'm good with it.

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