Episode Details
Back to Episodes
The Harshest Truth on Venezuela's Oil "Bonanza"
Published 2 months, 3 weeks ago
Description
Trump's supporters hail the bonanza that the US will get from the gargantuan Venezuela's oil reserves.
Unfortunately the extraction of oil from underground deposits is not necessarily profitable, so even if the reserves are huge does not mean that they will be exploited. It depends on several factors, namely the investments, the oil price, the quality, the propety rights, the long term outlook. So what are the real opportunities for US oil companies in Venezuela?
Diventa un supporter di questo podcast: https://www.spreaker.com/podcast/inglorious-globastards-podcast--4600745/support.
Unfortunately the extraction of oil from underground deposits is not necessarily profitable, so even if the reserves are huge does not mean that they will be exploited. It depends on several factors, namely the investments, the oil price, the quality, the propety rights, the long term outlook. So what are the real opportunities for US oil companies in Venezuela?
Diventa un supporter di questo podcast: https://www.spreaker.com/podcast/inglorious-globastards-podcast--4600745/support.