Donald Trump has suggested US taxpayers could reimburse energy companies for repairing Venezuelan infrastructure for extracting and shipping oil.
Trump acknowledged that “a lot of money” would need to be spent to increase oil production in Venezuela after US forces ousted its leader, Nicolás Maduro, but suggested his government could pay oil companies to do the work.
“A tremendous amount of money will have to be spent and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue,” the president said.
The US energy secretary, Chris Wright, reportedly plans to meet representatives of Chevron, ConocoPhillips and ExxonMobil at the Goldman Sachs Energy, Clean Tech & Utilities Conference in Miami later this week.
If oil companies invest in Venezuela that is their problem not the US taxpayers problem.
This man somehow gets dumber every single day. I didn’t think there were IQ’s below zero but he is proving otherwise.
He’s dumb, but this is deliberate. The whole point is to take public funds and give them to the wealthy while making it impossible for the poor to live.
This drives everything, doesn’t it. Even when it doesn’t look like it on the surface, look for an upwards redistribution scheme is and you find the logic behind the madness.
Stealing from the poor to give to the rich…
Yeah. This isn’t the first time we as taxpayers have paid for “infrastructure upgrades” with nothing to show for it. They straight up pocketed the money.
We thought we were going to end with techno feudalism. Turns out it’s just plain ol’ feudalism.
WDYM not US taxpayer problem, who paid for the special military operation, that’s supposed to enable oil corpos to “invest”?