Trump promises oil companies 'total safety' in Venezuela as he urges them to invest billions

US President Donald Trump has vowed to provide "total safety" and "total security" for oil companies investing in Venezuela, as he seeks to persuade them to pump billions of dollars into the country's struggling infrastructure.

At a roundtable press conference at the White House on Friday, Trump doubled down on claims that the ousting of President Nicolรกs Maduro presents American oil giants with an unprecedented opportunity for extraction. He urged Chevron, ExxonMobil and ConocoPhilips executives, among others, to invest $100 billion in Venezuela's oil industry, citing lower energy prices as a major benefit.

However, analysts have expressed skepticism about the likelihood of oil firms investing vast sums as rapidly as Trump has suggested they will. Earlier this week, he claimed production in Venezuela could be boosted within 18 months and said that US taxpayers might fund investments, which contradicts his later statement that oil companies would need to invest their own money.

Trump's warnings also seemed aimed at pressuring the executives into investing, saying "I got 25 people who aren't here today that are willing to take your place" if they don't. However, he also assured some of the oil firms present that they wouldn't need government help, stating that these companies drill in rough places and compare them unfavorably to Venezuela.

The US president has signed an executive order aimed at blocking courts or creditors from impounding revenue tied to the sale of Venezuelan oil held in US treasury accounts. The move is seen as a bid to facilitate the country's return to the global energy market, but concerns remain about the impact of foreign intervention on Venezuela's oil output.

Several oil companies have longstanding claims against Venezuela, including ExxonMobil and ConocoPhillips, which were nationalized nearly 20 years ago and are still owed billions of dollars. Chevron, however, expressed willingness to rebuild Venezuela's oil infrastructure with US government reassurances.

As the global energy market experiences a surplus, driven in part by lower US gas prices, the stakes are high for Trump's efforts to revive Venezuela's oil industry. History has shown that foreign intervention can have mixed and unstable results, raising questions about the feasibility of Trump's plans.
 
๐Ÿค” so trump is saying that if you invest in venezuela's oil industry, we'll make sure you get paid and there won't be any problems... but then he says it might take 18 months to boost production which sounds super optimistic... i mean, we've seen what happens when foreign companies try to invest in oil-rich countries before ๐Ÿคฆโ€โ™‚๏ธ like in iraq or libya where things just got all messed up ๐Ÿ’ธ and now trump is essentially giving a blank check to these oil companies saying you can come in and make some money but it's not like we're gonna help you out if things go south ๐Ÿ˜ฌ what he's really trying to do here is get these oil companies to pump more money into venezuela which sounds like a good thing on the surface but when you think about it, it just smells like another imperialist move ๐Ÿšซ
 
I'm not sure how realistic it is for Trump to think he can just wave a magic wand and get $100 billion from oil companies to invest in Venezuela ๐Ÿค‘. These companies are already struggling with low energy prices back home and don't need some guy promising them "total safety" and "total security" ๐Ÿคฃ. And what's with this threat thing? "I got 25 people who aren't here today that are willing to take your place"? Sounds like blackmail to me ๐Ÿ˜’. I'm not sure anyone's going to invest billions without some serious guarantees ๐Ÿ’ธ.
 
Trump thinks he's got the oil industry wrapped around his finger, huh? ๐Ÿ’ธ Like, I get it, Venezuela needs help and all, but $100 billion in investments? That's just crazy talk! ๐Ÿคฏ And what's with this whole "I'll get 25 people who aren't here today to take your place" thing? Sounds like some serious intimidation tactics if you ask me ๐Ÿ˜ฌ. And have you seen the history on these oil companies' claims against Venezuela? It's like, billions of dollars in debt and they're just gonna forget about it? ๐Ÿค‘ Not buying it.
 
๐Ÿค” I'm not buying into this whole "Venezuela is a goldmine waiting to happen" hype. The fact that Trump is basically forcing these oil companies to invest or face the consequences is sketchy at best. And let's be real, $100 billion is a huge ask, especially considering the country's history of nationalizing foreign assets and expropriating resources from its own people. What's to say these companies won't just end up getting screwed again? The global energy market may be experiencing a surplus, but that doesn't mean Venezuela's oil industry is ripe for exploitation. And what about all the analysts who are skeptical about Trump's claims? Are they just trying to stir up drama or do they have a point? It's always better to approach these situations with caution and a critical eye rather than blindly throwing money at a potential goldmine. ๐Ÿค‘
 
I'm not convinced this is gonna happen, you know? Like, these oil companies, they're already making bank, right? They don't need no $100 billion to invest in Venezuela. And what about those claims against them that are still pending? Do you think Trump just magically makes those go away?

And have you seen the history of foreign intervention in Venezuela? It's like, super messy. I mean, we've got oil companies and governments coming in with all these promises and guarantees, but what really happens? Nothing good, usually.

I'm also not sure why Trump thinks he can just wave a magic wand and make the oil industry start pumping again. Like, it's not that simple. There are so many factors at play here, from geopolitics to economics to environmental concerns... it's all just too complicated.

And let's be real, $100 billion is a lot of money. I'm sure some of these companies would love to have it, but do they really think they can get it that easily? It's like, Trump thinks he's got some kind of superpower or something ๐Ÿ˜‚
 
๐Ÿค” I think Trump is being really optimistic here. Investing $100 billion in Venezuela's oil industry seems like a huge ask, especially considering the country's history with corruption and nationalization of assets. And what's with the US taxpayer money comment? It sounds like he's trying to put pressure on the oil companies to invest without actually committing to backing them up. ๐Ÿ’ธ

Also, have you thought about the timing of this announcement? The global energy market is saturated, and Venezuela's oil output has been struggling for years. What makes Trump think that investing now will magically fix things? ๐ŸŒŽ It just seems like a case of trying to fill a void with a quick fix, rather than really understanding the complexities of the situation. ๐Ÿค“
 
US involvement in Venezuela is getting way too complicated ๐Ÿค”๐Ÿ’ธ. I mean, it seems like they're trying to make a deal for oil companies to invest billions of dollars, but has anyone considered what that might really do to the country? It feels like they're just throwing money at a problem without solving any underlying issues.

And let's be real, who knows if these oil firms are even going to take Trump up on his offer? They've been putting off investments for years because of all the drama with Venezuela. I'm not sure what makes anyone think $100 billion is going to magically fix everything.

Not to mention, there's already a huge surplus in the global energy market right now ๐Ÿ“‰. Why do we need Venezuela's oil back in the mix? It's like Trump thinks he can just wave his magic wand and solve all our energy problems overnight ๐Ÿ’ซ.

I'm also really concerned about what this says for US policy in general. Are we just going to keep intervening in countries that are already struggling, hoping to fix things from the outside in? It feels like a recipe for disaster ๐Ÿšจ.
 
omg i'm so confused lol why would anyone invest billion$ in a country thats struggling like venezuela?? didnt trump think about the impact on the ppl living there? ๐Ÿค”๐Ÿ’ธ but idk im not an expert or anything ๐Ÿ˜… maybe if he just talked to nicolรกs maduro about it instead of trying to strongarm oil companies into investing ๐Ÿค๐Ÿฝ๐Ÿ’ช what do u guys think?
 
ok so trump is trying to get oil companies to invest billions in venezuela but idk if it's gonna happen ๐Ÿค” he says there will be "total safety" and "total security" but analysts are skeptical lol those guys dont think its that easy. imo, history has shown us that foreign intervention can be super sketchy so lets just wait and see what happens ๐Ÿคž
 
I'm not sure if Trump is thinking about the risks involved here... I mean, oil companies are gonna be like "hold up, we're not just gonna pour our money into a country with a history of chaos and corruption" ๐Ÿค‘. And what about those billions of dollars in debts that ExxonMobil and ConocoPhillips owe Venezuela? Trump's executive order to block courts from impounding revenue is kinda sneaky, don't you think? ๐Ÿ’ธ It's like he's trying to strong-arm the oil companies into investing without really thinking about the long-term consequences. And what if Trump's plan backfires and we're left with a global energy market that's even more unstable than before? ๐Ÿค”
 
Come on! US is trying to muscle in on Venezuela's oil market and now they're acting like it's a charity case ๐Ÿค‘ 100 billion? That's crazy talk! The oil firms are smart, they won't just hand over their cash without getting some serious assurances ๐Ÿ’ธ. And what about those old claims that ExxonMobil and ConocoPhillips are still owed billions of dollars? This is just another example of Trump trying to strong-arm companies into doing his bidding ๐Ÿคฃ.

And let's not forget, the global energy market is flooded with oil already ๐ŸŒŠ. Do we really think Venezuela can cut it in time? History has shown that foreign intervention rarely ends well for anyone but Trump himself ๐Ÿ™„. Can't these oil firms just wait and see how things play out instead of being used as pawns in this game of geopolitical chess?
 
I cant even believe what trump is trying to pull here ๐Ÿ˜ก. like he thinks throwing a bunch of money at venezuela is gonna fix everything? newsflash trump: its not just about the benjamins honey ๐Ÿ’ธ its about stability and respect for sovereignty ๐Ÿ™…โ€โ™‚๏ธ. and what really gets my goat is that hes talking about investing 100 billion dollars in oil companies without even considering the fact that venezuelans are still struggling to get by on their meager wages ๐Ÿคฏ. like, whats the plan here? are we just gonna suck the last drop of resources out of this country and leave it a barren wasteland? no thanks ๐Ÿšซ
 
I think it's super unlikely that those oil companies will actually invest all that cash in Venezuela ๐Ÿค‘. I mean, they've got other lucrative options out there, like drilling in places with more stable governments. And what's to stop them from just pulling their investments if things start to go south? Trump's all bark and no bite here, if you ask me ๐Ÿ˜’. And let's be real, those billions of dollars in oil reserves will probably just get siphoned off by corrupt officials or used to prop up a government that's not exactly known for its stability ๐Ÿ’ธ. I think the US should be focusing on supporting more reliable energy sources, like renewable energy ๐ŸŒž.
 
๐Ÿค” Investing $100 billion in Venezuela's oil industry? ๐Ÿค‘ That's a whole lotta money! ๐Ÿ’ธ US taxpayers funding it too? ๐Ÿ˜’ Not buying it. Oil firms should be wary of government help or they'll be stuck with Venezuela's problems forever. ๐Ÿ’” ConocoPhillips is willing to give it a shot, but what about the others? ๐Ÿคทโ€โ™‚๏ธ
 
๐Ÿคฃ๐Ÿš€ Venezuela is like when you order a pizza and it takes 3 weeks to arrive ๐Ÿ•๐Ÿ˜ฉ. Can't even get a stable oil supply here ๐Ÿ”ฅ๐Ÿ’ง. What makes Trump think oil companies will just hand over their billions? ๐Ÿค‘๐Ÿคทโ€โ™‚๏ธ

[Image of a cat with a "no" expression]

Meanwhile, the energy market is like a teenager on puberty - all fluctuating and unpredictable โšก๏ธ๐Ÿ˜’. Can't trust anyone to predict what's going to happen next ๐Ÿค”๐Ÿ’ฅ.

[ GIF of a person stuck in an infinite loop ]

Newsflash: Venezuela oil industry isn't the hottest new startup to join the party ๐Ÿ’ป๐Ÿ˜ด
 
๐Ÿค” I'm not sure if we're ready for a major investment in Venezuela's oil industry just yet. I mean, think about it - they've had some major issues with corruption and nationalization in the past, which kinda makes me worried that American companies are gonna be stuck in a tough spot. ๐Ÿคทโ€โ™‚๏ธ Trump's trying to make it sound like an all-or-nothing deal, but what if the oil firms start pumping money into Venezuela only for things to go south again? ๐Ÿ’ธ The whole thing seems pretty high-risk, if you ask me... ๐Ÿ“‰
 
๐Ÿค” I think its crazy how trump is so optimistic about oil companies investing billions in venezuela. its like he thinks theyre just gonna put their money on the line without any guarantees ๐Ÿค‘. newsflash, buddy: the energy market is super competitive right now and oil firms are looking for safe bets not wild west schemes ๐Ÿ’ธ.

i also dont get why trump is being so pushy about getting them to invest fast ๐Ÿ•’. what if they need time to assess the situation on the ground? or whats with all these threats towards executives who dont play along? its like hes trying to strong-arm people into doing business with venezuela ๐Ÿ˜ฌ.

and what about those oil firms that already have claims against venezuela? how does trump expect them to just forget about their billions in owed debt ๐Ÿ’ธ๐Ÿ’ธ. i guess thats the problem with foreign intervention - it can lead to all sorts of messy consequences ๐ŸŒช๏ธ.
 
๐Ÿ˜‚๐Ÿ’ธ I'm like "dude, come on! $100 billion? Are you tripping? ๐Ÿคฏ" Oil companies aren't just going to throw money at Venezuela because Trump says so. They got bills to pay too ๐Ÿค‘. And what about all the oil they're already owed by Venezuela? Do they just forget that? ๐Ÿ’ธ It's like, come on, Donald, you need to think this through or you'll be the one getting stuck with a big mess ๐Ÿ’ฉ.
 
Back
Top