people don't understand

a) oil from different parts of the world has different levels of quality. texas oil is excellent. venezuelan oil is absolute shit.

b) because of that, refineries have to be built specifically for that venezuelan oil. chevron is the only us oil company with any kind of infrastructure in venezuela and it's both old and a joint-venture with the state run venezuelan oil company.

c) it will cost a probably a quarter trillion dollars in *US TAXPAYER DOLLARS* for the infrastructure needed to make this viable.

d) this isn't just for the oil. this is about the dollar being the currency for trade on oil again (the petrodollar). having oil sold in dollars had been the standard for OPEC countries since the 70s. we made that deal. venezuela moved away from using the dollar and was using the yuan or their own government crypto. that hurts the dollar.