Chevron to resume Oil Pumping in Venezuela
In order to alleviate the suffering of Venezuelans
Now, without a doubt, I know this guy is nuts!
Our economy has taken the biggest hit since the Great Depression because of Biden policies all directly related to energy.The goal of the authorization is to “alleviate the suffering of the Venezuelan people and support the restoration of democracy,” according to the statement.
The Biden administration’s decision came after the Nicolas Maduro regime and opposition political alliance Unitary Platform resumed talks in Mexico City.
“Why is Joe Biden so obsessed with killing oil and gas jobs in America and creating them in Venezuela?” Rep. Thomas Tiffany (R-Wis.),a member of the House Committee on Natural Resources, responded to a report about the general license.
According to the newly issued license, Chevron can resume operations in the socialist country through its joint venture with Venezuela’s state-run PDVSA. The oil produced by the joint venture can be sold to the United States if it’s sold to Chevron first.
Profits from the sale of energy would be directed to paying down debt owed to Chevron, rather than providing profits to PDVSA.
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