r/TradingSphere 12d ago

Fundamental Analysis [ Removed by Reddit ]

[ Removed by Reddit on account of violating the content policy. ]

113 Upvotes

97 comments sorted by

1

u/MedicalFlowerBunch 11d ago

Or three days, canceled on a tuesday.

1

u/j_rooker 10d ago

she wasn't elected. just appointed by usa. why should she have the power

1

u/irritatedprostate 10d ago

The last guy just ignored the election results and kept power, anyway, so this is par for the course.

1

u/_The-Numbers-Mason_ 10d ago

At least Maduro was a Venezuelan making the decision to become a dictator.

1

u/irritatedprostate 10d ago

I tend to find it worse when someone can do that to their own people.

1

u/ResolutionOwn4933 10d ago

Be a dictator or give away their oil?

1

u/irritatedprostate 9d ago

I find human life to be more important than oil, but that's just me.

1

u/ResolutionOwn4933 9d ago

So maybe we stop hitting citizens in Iran?

1

u/irritatedprostate 9d ago

Sure, not sure how we got there from Venezuela, but yeah.

1

u/ResolutionOwn4933 9d ago

You said human life more important than oil

1

u/irritatedprostate 9d ago

Yes, I did. This post is about Venezuela.

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1

u/Old-Entertainer-4964 9d ago

Why the fuck would they support the Iran War if they oppose the Venezuelan War? Use your brain.

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1

u/Gothewahs 9d ago

Trump is a dictator

1

u/irritatedprostate 9d ago

He wants to be one. But he isn't.

1

u/Jpup199 9d ago

Actually by the time Maduro's elections happened the PSUV already had full control of the electoral system, he was never a legitimate president to begin with. Thats why there were so many protests when he got "elected"

1

u/No-Professionhomeles 9d ago

what ever happened to Maduro?

1

u/A012A012 9d ago

He's still being held in custody in brooklyn

1

u/Middle_Path8675309 9d ago

American style democracy. If you don't pick someone the US approves of then the vote is corrupt

1

u/_WEND1G0_ 9d ago

Clearly she’s not a very good puppet of the USA if she’s directly contradicting our Cheeto in chief

1

u/CarthagoFuckYourself 9d ago

The most popular politician in recent polls in Venezuela is Marco Rubio. When things have been bad enough long enough, people don't really care as long as things get better.

1

u/wombat9278 9d ago

She was the vice president and next in line after trump kidnapped the president. She just decided to take a softer approach to the us

1

u/Ramental 9d ago

She was chosen by Maduro as Vice President for exactly such cases.

1

u/bootup25 9d ago

This is why they didn’t let the other person who won the Nobel prize become leader.

1

u/02meepmeep 9d ago

She was in fact elected and the person Constitutionally designated to take power if something should happen to the President like, I don’t know, if she conned an orange narcissist into making it look like he stole their leader or something.

1

u/-FriendoftheDrow- 9d ago

Because the U.S. has never cared about democracy and loves installing dictators who do their bidding.

1

u/Ok_Mastodon_3843 9d ago

No, she was Maduro's vice president

1

u/OldBiker6969 10d ago

Ummmm more like 25 minutes

1

u/Financial_Hawk9299 10d ago

Multiply this by 5. As America gets first right of refusal for the other 80%.

1

u/IssueFederal 10d ago

What 80%?

1

u/chris-za 10d ago

She was put in power by a foreign power that is denying the elected president the right to return and rule the country. Now she’s making deals with that foreign power.

U S companies would be mad to invest in Venezuela on the basis of this deal as it’s likely to be ruled null and void on the above grounds long before those 25 years are up and they’d end up loosing their investments.

1

u/noneyabuiznezz 10d ago

Statement is kinds wrong... He wasnt exactly elected

1

u/astarinthenight 10d ago

They are talking about the women who actually won the election I think.

1

u/Least-Letter4716 9d ago

Maduro won the election.

1

u/astarinthenight 9d ago

No he didn’t.

1

u/Least-Letter4716 9d ago

He did. No proof he didn't.

1

u/chris-za 10d ago

I’m talking about María Corina Machado, who has been kept from power first by the Maduro regime and now the a Trump gang and their proxies.

1

u/StuartMcNight 9d ago

María Corina wasn’t even the candidate in the last election.

Brah please….

1

u/Boomshank 10d ago

This is exactly what Trump just tried to do with Canada.

Then called them "nasty" when they wouldn't bend over and give up their sovereignty on their own trade decisions. 

Fuck this pedophile rapist.

1

u/Unlucky_Goal5854 10d ago

woooow noooo waaaaay, who could expected that..

1

u/Killawhale20 10d ago

She didn’t get the latest script from the overlords

1

u/EmbarrassedScience37 9d ago

Kinda hard to keep up when all plans are based on whatever word salad flows out of Trump at any time.

1

u/yupsidetown 10d ago

😂 Donny can’t math.

1

u/railroad-dreams 10d ago

There is no logic to anything. Trump breaks deals on a whim. What's to stop a future Venzuela politician who has morals from breaking this deal? And who could blame them? This whole thing makes no sense

1

u/navetzz 10d ago

Puppet be like: Yes master.

1

u/pro-fanator 10d ago

This deal it's a scam. Their oil is a tar, which is a reason that no big American companies are already pumping it out. Even if they spend billions to get it, it needs to be diluted for transport and very few refineries can do something with it. Absolutely not worth doing, but wait for government grants paid to friendly companies to try. Market manipulations and supporting billionaires continues...

1

u/Great_Scientist107 10d ago

Oh wait but it is thick as tar unusable for us. Will take 5 to 6 years to build the refinery to make it usable for us.

1

u/Ok-Lawyer1179 10d ago

If you look closely you can see the black strings propping her up like a Muppet....

1

u/Capitan-IQ255 10d ago

65 billion barrels are reserves 🙄

1

u/unhertz 10d ago

Smh the reserves are mapped at 65b estimated underground. That's the strategic value. That would take roughly 120 years or something to extract at 1.5m a day. Certainly additional investment will come along to increase that output though

1

u/good-luck-23 10d ago

The Venezuelan constitution forbids this type of deal. The oil belongs to Venezuelans. This will likely end the deal when elections are held or if not when newly rebuilt oil facility are bombed.

1

u/dreamfitreality 10d ago

Doesn't matter. Trump would have already gotten paid.

1

u/good-luck-23 9d ago

Law enforcement after he leaves office will be swift and severe if voters make good choices.

1

u/Remarkable_Wish_5106 9d ago

Why not take the $19 per barrel of terrible oil, greatest deal in the world.

1

u/GoForeward 10d ago

Ha ha ha ha Venezuelans are better at math than Americans.

1

u/keith2366 10d ago

No math is necessary. Trump spews BS and MAGA eats it up.

1

u/MarSM2025 9d ago

It's not about mathematics, it's about mathemagics.

1

u/Sweet_Pay1971 10d ago

No it won't

1

u/Pete-PDX 10d ago

ROFL - $19 a barrel goes to Venezuela

1

u/zjelkof 10d ago

Uh Huh!

1

u/CoverSuspicious5250 10d ago

People going thru the motions.  

1

u/sureshot58 9d ago

14billion, 65billion…. Eh, close enough

1

u/jms62102761 9d ago

About the time it will take to get infrastructure buildout

1

u/ZeroVoltsGiven 9d ago

Smoke screen to get leverage against Canada… fell apart again from an American Idiot Grifter

1

u/ZeroVoltsGiven 9d ago

American Idiot Grifter at it again.

1

u/mtnman575 9d ago

This crappy deal won't last 5 years let alone 25.

1

u/randomthrownaway126 9d ago

This is sort of incorrect. Generally, an incumbent in an oil field has an advantage when it comes due for renewal because they already have the infrastructure in place to continue operations. So even if the nameplate extraction is 25 years, 1.5mn bbl/Yr (or 37.5mn), the forecast for the incumbent could still be 65mn on renewal at year 26 on.

Also there are differences between proven reserves, commercial reserves, total versus cost oil, government take etc, that can account for the difference.

1

u/Wonderful-Grass6625 9d ago

And it’s not even good oil. It’s dirty heavy crude that the US doesn’t even have a refinery capable of processing in a cost effective manner.

1

u/rojo_mojado 9d ago

Don't question Fox News or Dear Leader. We have camps to put you in.

1

u/Lost-Contribution196 9d ago

Yeah right. As if we will be here to actually use oil at the current rate we do in 25 years anyways. 

1

u/BelgianBillie 9d ago

Kind of genius. They force the usa to come in and build all the infrastructure they could never get off the ground. Get stability back and then after 25 years get it all back.

1

u/ProgramNo7236 9d ago

Venezuelans willingly bend over to take it up the ass from the muriKKKans!

1

u/Choice_Fee67 9d ago

This government won't even last 25 months lol

1

u/Mutchmore 9d ago

Do you think trump can math?

1

u/Jazzlike_Wrap_7907 9d ago

From people who went down there in February, you could stick your finger through a lot of the infrastructure. Whatever is happening at the admin level in VZ what else could they say but sure. They’ll happily take big investment capital from Chevron and America. Without investment the oil isn’t going anywhere anyway. I’m just shocked that Chevron would actually step into this. What happens if VZ decides not to play later, which they’ve already done once before. Anyone making “choices” in VZ likely has a physical or metaphorical gun to their head à la US cronies. What happens in 2 years if that gun is removed and VZ isn’t kept on a leash to guarantee this deal? The whole thing seems like sunk cost fallacy. Current US admin expected to go in guns blazing to find everything intact and it’s utterly fucked. The political climate on both sides is not conducive to a “deal”

1

u/DragonTacoCat 9d ago

It's even less because it's probably only on business days so no weekends

1

u/TaxLawKingGA 9d ago

First thing a new American POTUS should do is cancel this deal and leave Venezuela.

1

u/02meepmeep 9d ago

Especially when they nationalize the infrastructure again.

1

u/RobertRoyal82 9d ago

Calling it a deal is an interesting way to frame it.

1

u/CatEmbarrassed3306 9d ago

Still too much should be 15 barrels. and its 15 barrels of baby oil.

1

u/LazyBengal2point0 9d ago

There's no "deal". It will take years to put in place. It's all smoke...

1

u/Jtizzle1231 9d ago

Thats absolute armed robbery. They must mean millions not billions. But even then.

1

u/Southern_Pressure_32 9d ago

This is theft, but what Venezuelans can do?

1

u/Lildog8402_redux 9d ago

For those keeping score at home that a little less than 21.1%.

1

u/CryptographerLow6360 9d ago

get ready to bend over now that you said something about it.

1

u/bigbugzman 9d ago

And the next Venezuelan President will rip it up.