this post was submitted on 10 Jan 2026
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Donald Trump has asked for at least $100bn (£75bn) in oil industry spending for Venezuela, but received a lukewarm response at the White House as one executive warned the South American country was currently "uninvestable".

Bosses of the biggest US oil firms who attended the meeting acknowledged that Venezuela, sitting on vast energy reserves, represented an enticing opportunity.

But they said significant changes would be needed to make the region an attractive investment. No major financial commitments were immediately forthcoming.

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[–] nymnympseudonym@piefed.social 34 points 1 day ago (1 children)

A competent State Department would have insisted on this kind of discussion before sending in SEAL Team Six

[–] r8KNzcU8TzCroexsE2xbWC@lemmy.ca 42 points 1 day ago (2 children)

A competent state department wouldn’t send in SEAL Team Six into a sovereign country they are not at war with.

[–] NoneOfUrBusiness@fedia.io 17 points 1 day ago (1 children)

Counterpoint: All of 20th and 21st American history outside of WWI and WWII. The US never declared war on Iraq or Afghanistan.

[–] r8KNzcU8TzCroexsE2xbWC@lemmy.ca 15 points 1 day ago (1 children)

I think that speaks to my point about competence

[–] 0x0@infosec.pub 1 points 5 hours ago* (last edited 5 hours ago)

You're missing the point of Gravy Meal Six being in Iraq and Afghanistan despite of that

[–] JoMiran@lemmy.ml 8 points 1 day ago

Correct. Previous competent State Departments have sent in spooks (CIA) into sovereign countries they are not at war with.