More insight into Trump, Venezuela...and Oil. Everyone needs to understand the reality we're faced
with...and make decisions based on facts...
Attached is another link outlining the current situation with Venezuela...and China...their #1 customer for "Heavy Crude"...what's it going to take to get a regime change that favors the U.S. instead of China?
Link: https://www.usatoday.com/story/news/world/2025/12/11/why-trump-is-threatening-venezuela-tanker/87718581007/
Replies to: More insight into Trump, Venezuela...and Oil. Everyone needs to understand the reality we're faced
To all downvoters...time to take your blinders off...
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More on Trump/Venezuela...Forbes:.."Peak Oil in America: "Drill, Baby, Drill" May Be Hitting A Wall"
...this is 'No Joke', people...be informed.
from the attached article...
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One of the more notable warnings came recently from Travis Stice, CEO of Diamondback Energy. In a letter to shareholders, he said flatly: “It is likely that U.S. onshore oil production has peaked and will begin to decline this quarter.”
This isn’t idle speculation. Diamondback, like many other producers, has scaled back drilling and completion work. Crews are being cut. The pace of new well development is slowing. The company estimates fracking teams in the Permian are down 20% from earlier this year. Rig counts are following a similar path.
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Link: https://www.forbes.com/sites/rrapier/2025/05/11/peak-oil-in-america-drill-baby-drill-may-be-hitting-a-wall/
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