massive oil resources American oil companies would be able to access
Most of them claim the oil was theirs and Chavez took it away from them and nationalized the oil industry. I am surprised they have survived as long as they did. Venezuela’s prime oil market had always been the US, who else could buy so much oil?
US Oil companies own right to explore all the deposits in gulf of “Mexico” for decades. Mexico gets a tiny rent for this and government officials burn it all up between them.
Most of them claim the oil was theirs and Chavez took it away from them and nationalized the oil industry. I am surprised they have survived as long as they did. Venezuela’s prime oil market had always been the US, who else could buy so much oil?
US Oil companies own right to explore all the deposits in gulf of “Mexico” for decades. Mexico gets a tiny rent for this and government officials burn it all up between them.