-
We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.
Venezuela thread
Page 38 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.
ivwshane
Lifer
Yeah I can’t wait for national archives to confiscate all the crap he’s received. His whining will be epic!
K1052
Elite Member
He’s going to steal it all and take it to MAL. We’ll have to get it back from his kids since he’s probably not long for this world.
One of the Youtubers made the comment … never seen him so happy
I would imagine if he could get a boner he would
Well.. MAL would be next. Unless Trump prepares his own country or flees to Russia, it won't end well
brycejones
Lifer
It will just be moved to the Trump library room at that disaster on the bay he owns.
mikeymikec
Lifer
I wonder how many tools they snared with this:
www.theregister.com
China spies used Maduro capture as lure to phish US agencies
: What's next for Venezuela? Click on the file and see
William Gaatjes
Lifer
With respect to MH17 and the poor victims :
I saw a dutch documentary once that also interviewed people from the air traffic control of the United Kingdom , i think it was the UK Civil Aviation Authority (CAA).
The CAA stated clearly that they advised and strongly enforced redirected flight paths to prevent civil aircrafts flying over a known warzone where missiles were used to shoot down military airplanes.
This was the UK and many other countries and they abided to the enforced advise of the CAA.
But the Asian airlines kept flying over that warzone.
So, although Russia is held accountable for shooting down the MH17 with a buk rocket, it is also the fault of the Malaysian airlines for flying over a known warzone where rockets such as the BUK rockets were used.
William Gaatjes
Lifer
I can still remember seeing a documentary about how American economists warned the US government at the time to not let American investers who were working for Middle Eastern oil oligarchs, buy up real estate on US ground and buy up companies.
But it happened anyway.
Than the Chinese came in and it happened exactly the same way, American investors working with Chinese corporations and Chinese investors to buy up US real estate and US companies.
Then there is the danger of wall street : Creating money out of thin air by overvaluing companies and corporations.
It happens all over the world. It is the free capitalist world process of gaining foothold in other countries, by buying up stuff and taking control.
The USA always advocated this principle but now the Trump government is not too happy about this.
Luckily, although it is the government of a country that creates trade agreements, we see that in the EU and for example the mercosur agreement with countries in South America.
This kind of holds a control over unbridled behavior from the capitalist market that might ruin an economy or destroy the environment by polluting.
Governments where there are too many lobbyists for big corporations are present, tend to be a bit corrupt.
Especially if oligarchs have too much influence over a government.
And we come full circle to the Trump administration again.
But it happened anyway.
Than the Chinese came in and it happened exactly the same way, American investors working with Chinese corporations and Chinese investors to buy up US real estate and US companies.
Then there is the danger of wall street : Creating money out of thin air by overvaluing companies and corporations.
It happens all over the world. It is the free capitalist world process of gaining foothold in other countries, by buying up stuff and taking control.
The USA always advocated this principle but now the Trump government is not too happy about this.
Luckily, although it is the government of a country that creates trade agreements, we see that in the EU and for example the mercosur agreement with countries in South America.
This kind of holds a control over unbridled behavior from the capitalist market that might ruin an economy or destroy the environment by polluting.
Governments where there are too many lobbyists for big corporations are present, tend to be a bit corrupt.
Especially if oligarchs have too much influence over a government.
And we come full circle to the Trump administration again.
Last edited:
IronWing
No Lifer
A consistent theme of white supremacy and American exceptionalism is the firm belief that white Americans hold a monopoly on violence.
Bernard, in Billy Jack: "I'll be damned! That Indian is shootin' back!"
Edit: I had to edit the quote slightly as the forum censors the original.
Last edited:
K1052
Elite Member
I honestly kinda want to see a bunch of idiot Trump loving wildcatters go down there and get themselves into a huge heap of trouble.
Jaskalas
Lifer
Blockading Venezuela is also an attack on Cuba, as we starve Cuba of oil.
Cuba has 15 to 20 days of oil left as Trump turns the screws
William Gaatjes
Lifer
Well, it happened :
Translated to English, just press link :
nos-nl.translate.goog
Small excerpt from text :
"
Venezuela's acting President Rodríguez has signed a law opening up the country's oil sector to privatization after years of expropriation and nationalization.
Members of parliament voted earlier in the day in favor of the sweeping reform. The new legislation gives foreign companies control over production facilities, relegating the country's national oil company, Petróleos de Venezuela, to a subordinate role.
While the bill was being passed, the U.S. Treasury Department officially began easing sanctions it had imposed on Venezuelan oil for years. These sanctions had made it difficult for the country with the world's largest proven oil reserves to sell its oil.
"
and
"
Nevertheless, the reform could also lead to some stability in Venezuela and benefit the population. It's expected to bring more oil money, which in turn will benefit economic growth and combat inflation.
"
and
"
Before the vote in the Venezuelan parliament, thousands of oil workers marched through the Venezuelan capital, Caracas, to support their country's oil sector reform. The demonstration was organized by the government, and Rodríguez was widely cheered.
"
Translated to English, just press link :
Waarnemend president Venezuela tekent wet die oliesector openstelt voor privatisering
De nieuwe wetgeving geeft buitenlandse bedrijven controle over productiebedrijven. Hierdoor krijgt het nationale oliebedrijf van het land, Petróleos de Venezuela, een ondergeschikte rol.
nos-nl.translate.goog
Small excerpt from text :
"
Venezuela's acting president signs law opening oil sector to privatization
Venezuela's acting President Rodríguez has signed a law opening up the country's oil sector to privatization after years of expropriation and nationalization.
Members of parliament voted earlier in the day in favor of the sweeping reform. The new legislation gives foreign companies control over production facilities, relegating the country's national oil company, Petróleos de Venezuela, to a subordinate role.
While the bill was being passed, the U.S. Treasury Department officially began easing sanctions it had imposed on Venezuelan oil for years. These sanctions had made it difficult for the country with the world's largest proven oil reserves to sell its oil.
"
and
"
Latin America Correspondent Nina Jurna:
This oil law allows America to further strengthen its grip and control over Venezuela and the regime; after all, it is the US that decides to whom oil may and may not be sold. The fact that Trump, as expected, is primarily concerned with Venezuela's oil, and not so much with the fight against drug trafficking as has been repeatedly claimed, makes this clear once again.Nevertheless, the reform could also lead to some stability in Venezuela and benefit the population. It's expected to bring more oil money, which in turn will benefit economic growth and combat inflation.
"
and
"
Russia is not allowed to participate
The lifted sanctions on oil exports mean that many countries can once again buy Venezuelan oil. Companies from China, Russia, Iran, North Korea, and Cuba are prohibited by the US from participating.Before the vote in the Venezuelan parliament, thousands of oil workers marched through the Venezuelan capital, Caracas, to support their country's oil sector reform. The demonstration was organized by the government, and Rodríguez was widely cheered.
"
Last edited:
uallas5
Golden Member
NPR had an oil industry expert on who said to just double the fairly miniscule 1M barrels/year to 2M will take 2-3 years and 100's of millions of dollars. To get it back to the 30M barrels/year it used to be at will take DECADES and BILLIONS of dollars in investment. I know there are some wildcatters who would love to get in there, but they generally don't have the equipment or the money to do that kind of work, only the big boys do, and they all pretty much said "no thanks today, not looking likely tomorrow, maybe someday but not anytime soon".Well, it happened :
Translated to English, just press link :
Waarnemend president Venezuela tekent wet die oliesector openstelt voor privatisering
De nieuwe wetgeving geeft buitenlandse bedrijven controle over productiebedrijven. Hierdoor krijgt het nationale oliebedrijf van het land, Petróleos de Venezuela, een ondergeschikte rol.
Small excerpt from text :
"
Venezuela's acting president signs law opening oil sector to privatization
Venezuela's acting President Rodríguez has signed a law opening up the country's oil sector to privatization after years of expropriation and nationalization.
Members of parliament voted earlier in the day in favor of the sweeping reform. The new legislation gives foreign companies control over production facilities, relegating the country's national oil company, Petróleos de Venezuela, to a subordinate role.
While the bill was being passed, the U.S. Treasury Department officially began easing sanctions it had imposed on Venezuelan oil for years. These sanctions had made it difficult for the country with the world's largest proven oil reserves to sell its oil.
"
and
"
Latin America Correspondent Nina Jurna:
This oil law allows America to further strengthen its grip and control over Venezuela and the regime; after all, it is the US that decides to whom oil may and may not be sold. The fact that Trump, as expected, is primarily concerned with Venezuela's oil, and not so much with the fight against drug trafficking as has been repeatedly claimed, makes this clear once again.
Nevertheless, the reform could also lead to some stability in Venezuela and benefit the population. It's expected to bring more oil money, which in turn will benefit economic growth and combat inflation.
"
and
"
Russia is not allowed to participate
The lifted sanctions on oil exports mean that many countries can once again buy Venezuelan oil. Companies from China, Russia, Iran, North Korea, and Cuba are prohibited by the US from participating.
Before the vote in the Venezuelan parliament, thousands of oil workers marched through the Venezuelan capital, Caracas, to support their country's oil sector reform. The demonstration was organized by the government, and Rodríguez was widely cheered.
"
William Gaatjes
Lifer
I noticed that in the news as well. The companies are not really willing to start investing yet. Anyway, the oil of Venezuela is also of a type called heavy crude or tar like oil and sulphur rich IIRC. In the USA there lots of are refineries in the USA that can process heavy crude oil.
Like for example in Houston. I noticed the refineries in Houston during a documentary about the quality of the oil in Venezuela and why Trump will need to push hard to get US companies back into Venezuela, besides Chevron.
See links to websites of refineries that are capable of processing heavy crude and actually need the heavy crude from Venezuela to operate and stay in business in the near future :
Galveston Bay Refinery (Houston) :
Loading…
www.marathonpetroleum.com
Valero Houston Refinery :
Houston Refinery
The refinery in Houston, TX processes gasoline, kerosene, jet fuel, ultra-low-sulfur diesel, liquefied petroleum gases (LFP), propylene, and more.
Last edited:
William Gaatjes
Lifer
This is interesting to know as well :
www.afpm.org
Small excerpt from text :
"
There are hundreds of varieties of crude oil around the world. Different types of oil require different refining processes to make the fuels we need in the quantities we need. Many American refineries need heavier crudes than what is largely produced in the United States.
Why do U.S. refineries run on heavier crude oils that we need to import?
Long before the U.S. shale boom, when global production of light sweet crude oil was declining, we made significant investments in our refineries to process heavier, high-sulfur crude oils that were more widely available in the global market. These investments were made to ensure U.S. refineries would have access to the feedstocks needed to produce gasoline, diesel and jet fuel. Heavier crude is now an essential feedstock for many U.S. refineries. Substituting it for U.S. light sweet crude oil would make these facilities less efficient and competitive, leading to a decline in fuel production and higher costs for consumers.
The ability to import AND export crude oil and refined products is good for consumers AND safeguards U.S. energy security. Read more.
"
So, instead of building refineries in Venezuela, all the USA oil tankers have to do is to import as much as possible heavy crude oil from Venezuela into the USA. The infrastructure is already there in the USA.
What’s the difference between heavy and light crude oils? And why do American refineries need both?
There are hundreds of varieties of crude oil around the world. Different types of oil require different refining processes to make the fuels we need in the quantities we need. Many American refineries need heavier crudes than what is largely produced in the United States.
"
There are hundreds of varieties of crude oil around the world. Different types of oil require different refining processes to make the fuels we need in the quantities we need. Many American refineries need heavier crudes than what is largely produced in the United States.
- Crude oils have different viscosities or “gravities.” “Heavy” crude oil is more viscous, while “light” crude oil is thinner.
- Crude oils also have different sulfur content. Low-sulfur crude is called “sweet” and high-sulfur crude is called “sour.”
- Refineries run on a mix of crude oils in order to run efficiently and maximize outputs. Nearly 70% of U.S. refining capacity runs most efficiently with heavier crude. That is why 90% of crude oil imports into the United States are heavier than U.S.-produced shale crude.
Why do U.S. refineries run on heavier crude oils that we need to import?
Long before the U.S. shale boom, when global production of light sweet crude oil was declining, we made significant investments in our refineries to process heavier, high-sulfur crude oils that were more widely available in the global market. These investments were made to ensure U.S. refineries would have access to the feedstocks needed to produce gasoline, diesel and jet fuel. Heavier crude is now an essential feedstock for many U.S. refineries. Substituting it for U.S. light sweet crude oil would make these facilities less efficient and competitive, leading to a decline in fuel production and higher costs for consumers.
The ability to import AND export crude oil and refined products is good for consumers AND safeguards U.S. energy security. Read more.
"
So, instead of building refineries in Venezuela, all the USA oil tankers have to do is to import as much as possible heavy crude oil from Venezuela into the USA. The infrastructure is already there in the USA.
Last edited:
K1052
Elite Member
Yeah my big prediction here all along is that none of the majors go in and Chevron just does their own thing that they've been doing. Maybe taking some excess PDVSA production off their hands. US rig count has dropped like 15% in a year due to price, not because there is nothing to drill for.
Current max production in VZ is probably 1-1.2MBD. For perspective the US imports about 4MBD from Canada through the pipes.
Last edited:
K1052
Elite Member
This is interesting to know as well :
Small excerpt from text :What’s the difference between heavy and light crude oils? And why do American refineries need both?
There are hundreds of varieties of crude oil around the world. Different types of oil require different refining processes to make the fuels we need in the quantities we need. Many American refineries need heavier crudes than what is largely produced in the United States.
"
Why do U.S. refineries run on heavier crude oils that we need to import?
Long before the U.S. shale boom, when global production of light sweet crude oil was declining, we made significant investments in our refineries to process heavier, high-sulfur crude oils that were more widely available in the global market. These investments were made to ensure U.S. refineries would have access to the feedstocks needed to produce gasoline, diesel and jet fuel. Heavier crude is now an essential feedstock for many U.S. refineries. Substituting it for U.S. light sweet crude oil would make these facilities less efficient and competitive, leading to a decline in fuel production and higher costs for consumers.
The ability to import AND export crude oil and refined products is good for consumers AND safeguards U.S. energy security. Read more.
"
The Chinese also have ample sour crude refining capacity as well. Heavier grades trade at a discount and Chinese refiners like discounts. This is why they were buying from VZ.
William Gaatjes
Lifer
One more post about USA refineries being able to process that heavy crude oil.
It is interesting to see that so many USA based companies are able to process the heavy crude oil.
See link :
Small excerpt from text:
"
US Gulf refineries ready to run Venezuelan crude
By Erwin Seba
January 8, 20263:34 AM GMT+1Updated January 8, 2026
HOUSTON, Jan 7 (Reuters) - Refineries along the U.S. Gulf Coast from Corpus Christi, Texas to Pascagoula, Mississippi are configured to run the heavy sour, corrosive crude oil produced by Venezuela that President Donald Trump plans to sell in the U.S., following the capture last weekend of Nicolas Maduro.
Beginning in the 1990s, refiners reconfigured their plants with increased coking capacity and upgraded steel to be able to process growing supply from producers of dense, high-sulfur crude, like Venezuela, Mexico and Ecuador.
Venezuela's national oil company PDVSA purchased two U.S. refineries and partnered with Exxon Mobil (XOM.N), opens new tab and Lyondell Basell (LYB.N), opens new tab in two others.
However, in the early 21st century, with production in Latin America falling, Midwestern refineries, which had received Venezuelan crude, switched to heavy crude from Canadian oil fields. The reversal of the Capline pipeline in 2021 cut off the major supply route for Latin American crude to the Midwest.
"
It is interesting to see that so many USA based companies are able to process the heavy crude oil.
See link :
Loading…
www.reuters.com
"
US Gulf refineries ready to run Venezuelan crude
By Erwin Seba
January 8, 20263:34 AM GMT+1Updated January 8, 2026
HOUSTON, Jan 7 (Reuters) - Refineries along the U.S. Gulf Coast from Corpus Christi, Texas to Pascagoula, Mississippi are configured to run the heavy sour, corrosive crude oil produced by Venezuela that President Donald Trump plans to sell in the U.S., following the capture last weekend of Nicolas Maduro.
Beginning in the 1990s, refiners reconfigured their plants with increased coking capacity and upgraded steel to be able to process growing supply from producers of dense, high-sulfur crude, like Venezuela, Mexico and Ecuador.
Venezuela's national oil company PDVSA purchased two U.S. refineries and partnered with Exxon Mobil (XOM.N), opens new tab and Lyondell Basell (LYB.N), opens new tab in two others.
However, in the early 21st century, with production in Latin America falling, Midwestern refineries, which had received Venezuelan crude, switched to heavy crude from Canadian oil fields. The reversal of the Capline pipeline in 2021 cut off the major supply route for Latin American crude to the Midwest.
"
William Gaatjes
Lifer
Why not ? They need oil as we all need oil. The issue the Trump administration is so worried about is the large scale investments the Chinese have done in Latin American countries. IIRC Venezuela still has a big bill to pay China by the means of delivering heavy crude oil. The USA was not at all happy that the the Chinese have gotten a foothold in several South American countries by investing, building infrastructure and buying up rare earth metals and raw materials.
As a sidenote :
The Chinese also tried to buy and invest themselves into Greenland. Which they did not succeed.
Jaskalas
Lifer
United States turns the screws, and another nation faces utter collapse.
I assume airlines are also vital for certain supplies, and not just passenger traffic.
Cuba warns airlines that it will be out of fuel for planes in 24 hours
The energy crisis in Cuba has reached a critical level that is now directly affecting civil aviation. An official aeronautical notice (NOTAM) from José Martí International Airport in Havana confirms that the terminal is out of Jet A-1 fuel, which is standardly used by commercial aircraft.
The NOTAM, identified as A0356/26 and classified as international, explicitly states: “JET A-1 FUEL NOT AVBL” (no Jet A-1 fuel available). The notice has been active February 10, 2026, at 05:00 UTC and will remain in effect at least until March 11, 2026, at 05:00 UTC, representing a full month without guaranteed supply at the country's main airport.
TRENDING THREADS
-
Discussion Zen 5 Speculation (EPYC Turin and Strix Point/Granite Ridge - Ryzen 9000)- Started by DisEnchantment
- Replies: 25K
-
Discussion Intel Meteor, Arrow, Lunar & Panther Lakes + WCL Discussion Threads
- Started by Tigerick
- Replies: 25K
-
Discussion Intel current and future Lakes & Rapids thread- Started by TheF34RChannel
- Replies: 24K
-
-
