Drill, baby, drill — but in Venezuela
The Biden administration wants more oil drilling. Unfortunately, it's in Venezuela, not here. Here is the story in case you missed it among turkey, the NFL, and the World Cup. Here it goes:
The Biden administration Saturday eased some oil sanctions on Venezuela in an effort to support newly restarted negotiations between President Nicolás Maduro's government and its opposition.
The Treasury Department is allowing Chevron to resume "limited" energy production in Venezuela after years of sanctions that have dramatically curtailed oil and gas profits that have flowed to Maduro's government. Earlier this year the Treasury Department again allowed the California-based Chevron and other U.S. companies to perform basic upkeep of wells it operates jointly with state-run oil giant PDVSA.
Really? To restart negotiations with the opposition? Well, our side is going to keep an eye on Maduro's commitment to the talks and will reimpose stricter sanctions if he is not serious. So we are depending on the honesty of a dictator?
Beyond being naïve about Maduro, it's a bad deal for the U.S. Our oil and gas industry is on hold because we "care about the planet" — i.e., climate change. On the other hand, Saudi Arabia and Venezuela can pump away, and no one cares about climate change when they do it. Where is Greta when we really need her?
Again, this is so stupid and shortsighted. Who is running the country? Maybe it's the same people who want to sign a nuclear deal with Iran.
PS: Check out my blog for posts, podcasts, and videos.
Image: RawPixel.com
Ad Free / Commenting Login
FOLLOW US ON
Recent Articles
- Antisemitism in the Guise of Humanism
- Escaping the State of Sin
- Outsquatting the Squatters
- From Illegal Alien Invaders to Newcomers to Democrats
- The Impact of China-Linked Contractors on U.S. Security
- Debunking the Stupid, Yet Passionately Held, Myths About the 1994 Crime Bill
- The Death of the American Salesman
- The Alarm Bell Is Clanging
- Voting and the Meaning of Honor
- Exploding The Myth That Islam Is An Abrahamic Religion
Blog Posts
- So was Hunter Biden 'Our Man in Ukraine'?
- The suspect who smashed Kaylee Gain’s head into the pavement claims she’s the victim
- About those innocent Palestinian civilians...
- The GOP seems to be on the verge of capitulating before the Democrats, again!
- Biden and the insurmountable
- Universe twice as old as we’ve been told?
- Ketanji Brown Jackson is a fascist who should be removed from the Court
- Can Letitia James handle the rough world of property management?
- It’s time to stop accommodating the crazies in America
- The value of perspective
- And then they voted Democrat in November
- Trump towers in his mastery of words to rally voters
- Planet Fitness loses $400 million in value after banning woman who exposed the company’s anti-female stance
- Schadenfreude: New movie labeling white people ‘dangerous animals’ flops at box office
- Why are American youths so unhappy?