The Venezuela Oil Deal: What the Media Left Out
Mainstream headlines are celebrating a massive agreement granting majority control over 65 billion barrels of Venezuelan oil, promising quick relief at the pump. But what is the operational and financial reality on the ground?
In this breakdown, we examine the critical facts being overlooked:
Why subterranean heavy crude in the Orinoco Belt won't lower pump prices anytime soon
The massive $100 billion infrastructure rebuild required after decades of decay
The mechanics of the 100-year concession and the federal government's 55% controlling stake
Get the straightforward facts behind…
The skinny
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