Subject: Re: Venezuelan Oil Investment
With oil prices <$60 per barrel, it doesn't make a lot of economic sense for those guys to spend billions in Venezuela even if the country was in better shape.
The heavy oil in Venezuela would not even be profitable until the price reaches $80 per barrel.
How is that +$20 per barrel going to be bridged?
Especially since Trump is promising lower gas prices?
Somebody is lying. I wonder who?