We are told that Venezuela has the largest oil reserves in the world at some 300 billion barrels of proven reserves, and that explains Trump's recent actions in Venezuela. But the definition of 'proven reserves' is oil that it is technically possible to extract with current technology and extracting the oil and getting it to … Continue reading Trump And Venezuela
Venezuela
Some Thoughts On Events In Venezuela
“You can check in any time you want but you may never leave.” (The Eagles, Hotel California) That might be said of the Petrodollar system that sustains US power and influence in the world and largely explains the gunboat diplomacy employed by Washington against Venezuela. In his press conference explaining why the US launched a … Continue reading Some Thoughts On Events In Venezuela
Irish Political Review 