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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: Dope1   😊 😞
Number: of 84361 
Subject: Re: Venezuelan Oil Investment
Date: 01/10/26 9:46 PM
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Then perhaps he shouldn't have gutted the foreign aid apparatus.

So USAID drilled oil wells and maintained pump jacks? I learn something new every day.

But if you're trying to do the same thing with private companies, it won't work. To recycle a quote from another discussion of this topic, “[i]nvestors don’t care about energy dominance. They care about energy dividends,” said Clay Seigle, a senior fellow at the Center for Strategic and International Studies.

Unless Trump gives them some other incentive, yes.

As a much broader observation, there is a difference between the goals of the Administration and the likely outcomes of the things they're actually doing. Trump might want U.S. oil companies to rebuild Venezuela. But this conversation is mostly about whether that's actually going to be the result of what we're doing. If you allow the existing regime to remain in place, try to keep oil prices low globally, and don't commit large amounts of U.S. public funds to "nation building" in Venezuela, you're unlikely to get what the Administration wants.

You know what also results in putting the US in a bad position? Doing nothing while China exercises inordinate influence with their loan shark operation.

We're playing catchup after doing very little to counter China for the last, oh, 20 years. We can continue to do nothing or we can put them back on their heels. Hence Venezuela.

I'll also note that Rome wasn't built in a day.

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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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