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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Horgad who wrote (146817)	3/11/2019 3:37:16 PM
From: Elroy Jetson	1 Recommendation Recommended By elmatador Read Replies (1) \| Respond to of 217789

It's correct that Chevron and other refiners have lobbied hard over the past two years to keep Trump from imposing a prohibition on importing Venezuelan crude oil. Trump is a moron con-man who is well in over his head. A crude import ban is the sort of 'sanction' Gersh thinks the US has imposed for years, and he/she is flat wrong. . At this point, Venezuelan oil production has fallen to such low levels that it won't really make any difference that Trump now imposes a damaging import ban on Venezuelan crude oil. The damage is all to US companies, typical Trump-style. China and India will still continue to purchase what little oil Venezuela produces. - bloomberg.com Until Russia or some other entity replaces the incompetent political cronies Maduro has appointed to take the place of experienced managers, with educated engineers and spends the required billions on infrastructure, the Venezuelan economy is dead in the water. China is extremely unlikely to repatriate either the Maduro cronies or the money they've stolen.