We are the world's top oil exporter. We have our own oil. We can't just conquer Venezuela and take their oil, idiots.

but they can block china from getting it

Yeah

@EnderOctanus Tsk tsk

More reason to do so

It's like you're willfully ignoring cartel economics

Cartel economics? I wanna see Venezuela's real president setting up ExxonMobile and Shell refineries.

*Technically speaking* if the US got control of Venezuelan oil reserves and privatized it under US based firms, we could boost the strength of the dollar considerably

a new president in Venezuela can turn down new loans from china, getting them out of the debt trap china loves to do to idiots

But it isn't our oil just because we get paid to extract and refine it. Our co panies get that money.

Venezuela could then sell it to fucking Russia if they wanted

Not exactly

The Petro dollar is more than just a meme

I know

It is a strategic resource. But the ones that benefit most are going to be US companies, and Venezuela. We can tax the companies, yeah. But no guarantees we get that oil.

Even though internationally, us companies may not bbe buying and selling oil to foreign nations, it's still being traded in USD equivalent

Russia can buy oil from SA, but it's bought in USD terms

That isnt their arguement though

It's part of it

They see it as us literally taking the oil and victimizing Venezuela

Oh, yeah, idk. I mtalking about the pragmatic economics, not their feelings

You underestimate the stupidity of some folks. They actually think we can make the oil disappear.

No, but we can tank the price.

Which economically means making oil out of thin air lol

We can do that now if we really wanted to. We export enough of it.

It's about flooding the market and undercutting SA internationally

Bad idea imo though

We can really use the funds for countering China

We should definitely flood the oil market with 100% organic Texan gas

Or we could use it domestically and let everyone else use the shit stuff <:thisisfine:378719407981199363>

Thatd be more complicated sanctions wise

I am in a "China is going to ruin the world and nobody gives a fuck" phase I guess. So all I really want. Is to put them in their place. Which is back in China.

Meh

@EnderOctanus China is ruining themselves lol

Not fast enough

wen china collapse???

When it's too late.

do you think Africa is economically viable for them long term?

Um no

If they start producing, yes.

Have to stop charity markets first though

Can't sell shirts if they are free at a bazaar.