Latin America

Benton D Struckcheon

(2,347 posts)

11. Back to take a small victory lap

Reply to Benton D Struckcheon (Original post)

Sun Feb 24, 2019, 09:03 PM

Feb 2019

I remembered writing this thing a few years ago. Now it's all come to pass. The shale oil boom here in the US is real, and their are alternate sources for the heavy oil Venezuela sells. And electric car sales are continuing to increase rapidly.
It's all over for them.
I'm sure there's still apologists for the looters running Venezuela. Back when I wrote this I had some sympathy for them, but at this point all that can be said of them is they have plenty of excuses, but there's no excuse for anyone who still defends them.

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Venezuela's Bigger Problem [View all] Benton D Struckcheon May 2013 OP

" if the shale oil boom now underway drops the global price of oil significantly" Warren Stupidity May 2013 #1

Drilling would continue for a while. Benton D Struckcheon May 2013 #2

They would collapse in a fairly short time. Warren Stupidity May 2013 #8

I don't necessarily disagree with you that they should start moving away Catherina May 2013 #3

Exports are needed to pay for imports that cannot be satisfied within the nation Demeter May 2013 #4

Does anyone really need bananas or diamonds? Catherina May 2013 #5

No country is an island unto itself, any more than a person is. Benton D Struckcheon May 2013 #9

Juche, anyone? Socialistlemur May 2013 #6

Correction: Heavy crude doesn't yield a product advantage Socialistlemur May 2013 #7

Interesting. Thanks for the info. n/t Benton D Struckcheon May 2013 #10

Back to take a small victory lap Benton D Struckcheon Feb 2019 #11