US Weaponizing Oil Sanctions to Insurrect Venezuela

[goldenequity]

Stimulate chaos. Crash economies. Promote suffering. Crash, Plunder and Control the aftermath.
(close the CIA 'program' weapons ratline in Syria.. start a new one.. how bout Venezuela?)


Trump Weaponizing Oil Sanctions to Insurrect Venezuela






MAGA!

[Swordsmyth]

They don't need our help to collapse, why should we put in our oar and let them blame us?

[UWDude]

America has been destabilizing Venezuela since Chavez took power.

[CaptUSA]

They don't need our help to collapse, why should we out in our oar and let them blame us?

"They did this to themselves!"

You might totally misunderstand the nature of government, if you're wondering why a powerful nation would meddle with a weak nation. It's the same reason a lion takes the injured gazelle.

[Swordsmyth]

"They did this to themselves!"

You might totally misunderstand the nature of government, if you're wondering why a powerful nation would meddle with a weak nation. It's the same reason a lion takes the injured gazelle.

You misunderstand a rhetorical question.

[juleswin]

They don't need our help to collapse, why should we out in our oar and let them blame us?

That is where you got it wrong, they do need our help. Things don't usually go from 0 to SHTF without some little help from Uncle Sam. I hope the Venezuelan people violently put down this violent insurrection from outside forces and after outside influence have been dealt with, work with citizens to fix their economic and social problems.

[AuH20]

Venezuela willingly chose this path. Hard to conjure any sympathy for them. Now they will be vultured for their own stupidity. They invited the pigmen into their lives by adopting an unsustainable system.

[CaptUSA]

You misunderstand a rhetorical question.

That wasn't a swipe at you, it was a broad statement.

(a la, "you might be a redneck" doesn't mean YOU.)

[agitator]

That is where you got it wrong, they do need our help. Things don't usually go from 0 to SHTF without some little help from Uncle Sam. I hope the Venezuelan people violently put down this violent insurrection from outside forces and after outside influence have been dealt with, work with citizens to fix their economic and social problems.

http://www.telesurtv.net/english/new...0711-0031.html

[juleswin]

I know some of us really have very short memories and I know that just because the CIA tried and failed a takeover of Venezuela in 2002 doesn't mean they are doing the same thing now.

Just putting it out there that the CIA has tried and I believe have been trying to take out Venezuela. Socialism is a very inefficient way to run an economy but what we are seeing right now is not the result of an efficient economic system just like the war in Syria despite what the CIA is telling us is not because of climate change.

Learn from history folks.

[juleswin]

http://www.telesurtv.net/english/new...0711-0031.html

Yup, I remember when the CIA coup in Ukraine was going on, I was among the few people not cheering on the so called freedom fighters in the streets fighting corruption. These people are working overtime to take over nations and put in their puppet and sometime you hope that people on this site would know better.

Hopefully, these people would all be rounded up and made to sing so that the full story can be documented for posterity. Hopefully the next time they tried it again people like AuH20 will catch up to the whats really going on

[merkelstan]

Yup, I remember when the CIA coup in Ukraine was going on, I was among the few people not cheering on the so called freedom fighters in the streets fighting corruption. These people are working overtime to take over nations and put in their puppet and sometime you hope that people on this site would know better.

Hopefully, these people would all be rounded up and made to sing so that the full story can be documented for posterity. Hopefully the next time they tried it again people like AuH20 will catch up to the whats really going on

This is one where I'd say RT is doing propaganda.

[Ender]

I know some of us really have very short memories and I know that just because the CIA tried and failed a takeover of Venezuela in 2002 doesn't mean they are doing the same thing now.

Just putting it out there that the CIA has tried and I believe have been trying to take out Venezuela. Socialism is a very inefficient way to run an economy but what we are seeing right now is not the result of an efficient economic system just like the war in Syria despite what the CIA is telling us is not because of climate change.

Learn from history folks.

Yep.

And everyone should read "Confessions of an Economic Hitman" by John Perkins- a real eye opener.

[juleswin]

This is one where I'd say RT is doing propaganda.

Even after what you know now about Mrs. Nuland, state department spending $5b over a decade to sponsor "democratic" policies in the country?

[goldenequity]

Venezuela Will Be The First Sovereign Oil Producer To See An "All-Out Collapse"

While the US and Venezuela have for years traded hostilities as part of the leadership’s rhetoric,
the two countries have enjoyed a lucrative business relationship,
with the US buying hundreds of thousands of barrels of Venezuelan oil a day.
Even under the late socialist firebrand Hugo Chavez, who never missed an opportunity to antagonize the US, business was steady.

But by pursuing sanctions against Venezuela, the US risks pushing it closer toward Russia’s sphere of influence.

Blooomberg:

Further isolation of Venezuela, or a sovereign default,
could easily push the country further toward the embrace of Moscow.

Rosneft Oil Co. PJSC, Russia's national oil company, loaned money to PdVSA last year
collateralized with a 49.9 percent stake in Citgo Petroleum Corp.,
the U.S. refining and marketing business owned by the Venezuelan oil company.

Rosneft is now said to be negotiating swapping that collateral
1. for stakes in Venezuelan reserves and
2. a fuel-supply agreement instead. (Venezuela refineries are a mess/breakdowns/maintenance)

Swapping valuable downstream assets on U.S. soil for reserves under Venezuelan soil
wouldn't look terribly rational from a purely economic point of view.
So if this were to happen, the rationales could range from
1. an expectation on Rosneft's part that U.S. sanctions against Russia, and national security considerations,
might stymie any chance of actually taking possession of a Citgo stake
2. to a desire to further cement Russian influence in Venezuela on the ground.

According to Bloomberg, allowing Moscow set up camp in Caracas would appear to violate the Monroe Doctrine.
Moreover, blocking Venezuela's relatively heavy inflow of oil would
1. squeeze the margins of US refiners set up to process it,
2. and likely lead to higher gasoline prices.
Two unattractive options for any president. (not true... imo... depends on the 'end goal'... see OP. )

[merkelstan]

Even after what you know now about Mrs. Nuland, state department spending $5b over a decade to sponsor "democratic" policies in the country?

The Chavistas were in power and did what corrupt states usually do, which is reward their own cronies. This woman in the interview has failed to submit any concrete evidence of how the US implemented policies that harmed their economy. The Venezuelan govt screwuping is well documented.

[Madison320]

The Chavistas were in power and did what corrupt states usually do, which is reward their own cronies. This woman in the interview has failed to submit any concrete evidence of how the US implemented policies that harmed their economy. The Venezuelan govt screwuping is well documented.

I agree. Socialism wrecks your economy all by itself. My wife has family in Venezulea so we watch the situation there closely. About 5 or 6 years ago they implemented price controls on food and I told my wife, "watch, there's going to be food shortages soon." Sure enough like night follows day, food shortages.

The only thing I blame the US for is not allowing latin american countries to legalize drugs. Their legal system is never going to function until they get rid of the black market in drugs by legalizing them.

[Zippyjuan]

When oil was $100 a barrel, Venezuela was able to fund lots of largess and gifts to their people as well as allies. When it fell to $50, they had troubles affording just the basic things the country needs.

They need the US to help handle their oil- it is very thick and sulphurous ("heavy") and requires difficult and expensive processing. The US is one of the few countries which can refine it for them- they ship oil to us, we refine it, and send back the refined products. Their own refining capacity is extremely limited.

[Swordsmyth]

When oil was $100 a barrel, Venezuela was able to fund lots of largess and gifts to their people as well as allies. When it fell to $50, they had troubles affording just the basic things the country needs.

They need the US to help handle their oil- it is very thick and sulphurous ("heavy") and requires difficult and expensive processing. The US is one of the few countries which can refine it for them- they ship oil to us, we refine it, and send back the refined products. Their own refining capacity is extremely limited.

Sulphurous oil is "Sour", "Heavy" means something else.

[Zippyjuan]

Sulphurous oil is "Sour", "Heavy" means something else.

Thanks for the correction!

With currency devaluation of over 60 percent and an inflation rate that has already zoomed past 700 percent this year, it’s hard to see how the south American country can survive losing its top oil customer.

The United States buys almost half of Venezuela’s oil, an industry that accounts for around 95 percent of the South American country’s export revenues.

https://thinkprogress.org/venezuela-...s-3a2c0a6fb818

[AZJoe]

From White House Press briefing 7/31/17

National Security Advisor H.R. McMaster described new US sanctions imposed on Venezuela’s Maduro for his latest power grab.

A reporter asked how Maduro’s actions were “different from what happened in Turkey when President Erdogan also seized expanded powers?” [DOH!]

The reporter further reminded McMaster in case he forgot that President Trump even called to congratulate Erdogan on his power grab. [DOH! DOH!]

LOL! Thx to Charles Goyette

[goldenequity]

From White House Press briefing 7/31/17

National Security Advisor H.R. McMaster described new US sanctions imposed on Venezuela’s Maduro for his latest power grab.

A reporter asked how Maduro’s actions were “different from what happened in Turkey when President Erdogan also seized expanded powers?” [DOH!]

The reporter further reminded McMaster in case he forgot that President Trump even called to congratulate Erdogan on his power grab. [DOH! DOH!]

LOL! Thx to Charles Goyette

luv that guy long time.

I just posted the same.

[goldenequity]

US sanctions Maduro, avoids targeting Venezuelan oil sector