Devolution Power Hour Ep. 488: Venezuela's Oil, Post Maduro Deal Making
Jon Herold and Chris Paul dig deep into the aftermath of Maduro's capture, walking through the Pentagon's newly secured stake in Venezuela's oil riches and how the deal has evolved from a broker relationship into a full investment position. They cover Chevron's long, complicated history operating in Venezuela through the Chavez and Maduro years, and play a clip from a ConocoPhillips executive meeting that lines up suspiciously well with the timeline of events.
The conversation broadens into what this could mean for the region's energy future and whether the sovereign alliance framework…
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