Global Warming Win: Venezuelan Socialists On Track to Eliminate Their Nation’s Oil Industry

Venezuelan President, Nicolás Maduro in meeting with Iranian President Hassan Rouhani in Saadabad Palace
Venezuelan President, Nicolás Maduro in meeting with Iranian President Hassan Rouhani in Saadabad Palace. By Tasnim News Agency, CC BY 4.0, Link

Guest essay by Eric Worrall

Despite oil accounting for a whopping 90% of Venezuela’s export earnings, President Maduro, a fervent supporter of the Paris Agreement, has courageously put principle before profits by implementing his version of a new green deal. Maduro has eliminated the capitalist exploiters from his nation’s oil industry, and replaced them with loyal army officers who are rapidly dismantling the infrastructure left behind by the capitalists.

Soldiers are taking over Venezuela’s oil industry, and the country with the world’s biggest oil reserves is falling further behind

Reuters Dec. 26, 2018, 5:55 PM

CARACAS (Reuters) – Last July 6, Major General Manuel Quevedo joined his wife, a Catholic priest and a gathering of oil workers in prayer in a conference room at the headquarters of Petroleos de Venezuela SA, or PDVSA.

The career military officer, who for the past year has been boss at the troubled state-owned oil company, was at no ordinary mass. The gathering, rather, was a ceremony at which he and other senior oil ministry officials asked God to boost oil output.

“This place of peace and spirituality,” read a release by the Oil Ministry that was later scrubbed from its web site, “was the site of prayer by workers for the recovery of production of the industry.”

President Nicolas Maduro turned heads in November 2017 whenhe named a National Guard general with no oil experience to lead PDVSA.

Quevedo’s actions since have raised even more doubts that he and the other military brass now running the company have a viable plan to rescue it from crushing debt, an exodus of workers and withering production now at its lowest in almost seven decades.

Workers who make mistakes operating increasingly dilapidated PDVSA equipment now face the risk of arrest and charges of sabotage or corruption. Military chieftains, moonlighting in the private sector, are elbowing past other contractors for lucrative service and supply business with PDVSA.

Maduro defends the military managers, arguing they are more in synch with his Socialist worldview than capitalist industry professionals who exploit the country for personal profit.

“I want a Socialist PDVSA,” the president told allied legislators earlier this year. “An ethical, sovereign and productive PDVSA. We must break this model of the rentier oil company.

Read more:

The sheer genius of President Maduro’s green plan will no doubt be appreciated by future generations of Venezuelans.

Unlike President Macron, whose politically clumsy attempt to ween his nation off oil led to the yellow vest riots and a humiliating backdown, President Maduro has successfully maintained the fiction of attempting to revive his nation’s oil industry, while secretly mounting an unprecedented effort to deindustrialise and dismantle the entire Venezuelan petro-economy.

President Maduro’s loyal army officers are on track to eliminate Venezuelan fossil fuel exports, shut down industry and are also busy quietly liberating the people from the trappings of capitalist materialism, fostering a return to a simpler age when the Venezuelan people lived more in harmony with nature.

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December 31, 2018 11:15 pm

“Military chieftains, moonlighting in the private sector, are elbowing past other contractors for lucrative service and supply business with PDVSA.

Maduro defends the military managers, arguing they are more in synch with his Socialist worldview than capitalist industry professionals who exploit the country for personal profit.”

IOW Maduro is doing his best to prevent being deposed in a military coup. It’s all about his retaining power while making his personal fortune.

Reply to  rah
January 1, 2019 5:50 am

Great news! One less competitor for our Canadian oil sands. Now if our US neighbors would just get moving and let us finish building the Keystone pipeline, we’d be open for business.

Reply to  Trebla
January 1, 2019 6:51 am

You are correct Trebla.

Opposition to Keystone XL and other pipelines has never been about the environment. That opposition is a green smokescreen for leftist political objectives, as revealed in 1994 by Dr. Patrick Moore, a co-founder of Greenpeace. Read “The Rise of Eco-Extremism”

The environmental issues of pipelines are simple – pipelines are much safer and cheaper than other alternatives for shipping oil.

The leftist extremists who have delayed the completion of the Keystone XL pipeline are not just wrong, they have deliberately sabotaged critical security and economic mainstays of Canada and the USA – they belong in jail.

Here is a relevant post from 2012:

Three weeks ago I wrote to a friend, who is one of the recognized true experts in global energy, as follows:

I remain perplexed by Obama’s Keystone decision, which appears to be very much against the national interests of the USA.

The pipeline is clearly in the USA’s strategic interest. Given the Iran situation, it should have been built yesterday. Furthermore, it will create some jobs and tax revenue at no cost to the taxpayer.

The alleged environmental dangers of the pipeline appear wildly overstated.

I think overconsumption of water from the Ogallala aquifer due to corn ethanol overproduction is a much greater environmental threat. Removal of corn ethanol subsidies will not solve the problem as long as the corn ethanol mandates in gasoline remain.

Am I missing something here?

His answer: “Sadly, no.”

Bob Carter
January 1, 2019 1:03 pm

The oil did travel: by train.
Warren Buffet built the trains.
Warren Buffet owned the railroad that carried the oil.
Now one of the oil trains is stored in Burlington, VT.

Louis Hooffstetter
Reply to  Bob Carter
January 1, 2019 11:56 pm

Warren Buffett is an Obama puppet master. As a result of Obama’s rejection of the Keystone pipeline, crude oil that would have been safely transported through the pipeline was carried by oil trains instead. The amount of crude oil shipped by rail increased from 9,500 carloads in 2008, to 500,000 carloads in 2014. And the biggest winner by far was… Warren Buffett’s railroad (BNSF).

Obama cited “protecting the environment” in his decision, but oil trains have been an unmitigated environmental disaster. Here’s a partial list of derailments that spilled oil that would have, and should have been transported safely through the Keystone pipeline:

July 2013, Lac-Megantic, Quebec: Sixty-three tank cars derail and spill more than 1.3 million gallons of oil. Forty-seven people are killed and 30 buildings are destroyed.

December 2013, Casselton, ND: An oil train derails and spills 400,000 gallons of oil, most of which burns.

February 2015, Beckley, W.Va.: An oil train hauling North Dakota crude derails destroying a house and forcing the evacuation of two towns.

Feb. 2015, Gogama, Ontario: 29 cars carrying crude oil derail and spill oil.

March 2015, Gogama, Ontario: 39 tanker cars loaded with crude oil derail and catch fire. The fire burns for five days, and the spilled oil eventually reaches Kazaway Lake.

March 2015, Galena, IL.: An oil train loaded with crude oil derails and catches fire.

June 3, 2016, Columbia River Gorge: An oil train with 96 tank cars derails and spills 42,000 gallons of oil into the Columbia River.

June 2018, Doon, Ia.: An oil train derails spilling 230,000 gallons of crude oil spill into the Rock River and forcing nearby residents to evacuate.

Reply to  Bob Carter
January 2, 2019 7:48 am

Excellent post, thank you Louis.

Matthew Drobnick
Reply to  Bob Carter
January 2, 2019 8:13 am

And like the myth that bill Gates is a genuine philanthropist (hint, he’s a eugenicist), there still floats the myth warren buffet made his riches honestly. False, just like that tyrant Abe Lincoln, he used government collusion to benefit himself the entire way.

Sam Pyeatte
January 3, 2019 2:15 pm

The real criminals in efforts to stop the XL Pipeline are stupid liberal judges who are clueless when it comes to energy issues.

R Taylor
Reply to  Trebla
January 1, 2019 7:26 am

Canadians are responsible for more pipeline delays than US neighbors who don’t want Keystone.

Juan Slayton
Reply to  R Taylor
January 1, 2019 9:51 am


Reply to  R Taylor
January 1, 2019 4:34 pm

Misdirection by R Taylor?

Hired Canadian thug demonstrators and corrupt leftist Canadian politicians have opposed Canadian pipelines.

Hired American thug demonstrators and corrupt leftist American politicians have opposed the Keystone XL pipeline.

The money to hire these corrupt thugs, both Canadian and American, has largely been funneled from USA and overseas sources through US false fronts like the Tides Foundation.

The basis for this opposition has largely been a pack of lies from phony-green leftists.

The cost to Canada to date has been a loss of $120 billion.

The cost to Quebecers and Maritimers is also huge – since citizens have to pay world price for their gasoline, diesel and jet fuel – since world oil price is about twice as high as the Alberta oil price.

There are no real environmental issues with pipelines – pipelines are safer and cheaper than other forms of oil transportation.

The politicians who oppose pipelines are not all that stupid – they are probably also being bribed by foreign interests.

Reply to  rah
January 1, 2019 6:00 am

Rah – you are correct!

Forget the rhetoric – here is the reality:.

The far-left is winning, especially in the developing world, where over 100 countries are pseudo-Marxist dictatorships, based on their leftist phony rhetoric, but are actually just military dictatorships, run for the ruling elite and their armed thugs – see Zimbabwe and Venezuela.

The left takes political power by promising imbeciles lots of free stuff. Then they destroy the economy, create widespread poverty and live like kings atop a ruined state – because you can’t be kings without lots of peasants.

January 2, 2019 12:44 am

“…. because you can’t be kings without lots of peasants.”

Yep, well said Allan. Socialism cannot work unless 2/3 of the population are enslaved to the ambition of the Political elite. The only economy that works with Socialism is the Slave Economy. Gulags and peasants…. and it’s amazing just how fast the “Vanguard of the Revolution”, becomes a Hereditary Aristocracy within a generation or two. Nth Korea is the perfect example of what happens to a Communist Dictatorship. It becomes a Hereditary Monarchy in no to flat, complete with God Kings.

Reply to  J.H.
January 2, 2019 8:05 am

All true JH – and fossil fuels are what released humanity from the worst aspects of slavery.

All the major structures built by ancient man were built by slaves, with rare exceptions. When one views the wonders of the ancient world, from the temples and pyramids of Egypt to the aqueducts and great buildings of the Roman Empire, recognize that these magnificent achievements were built on the misery of millions of slaves.

The slave trade carried on until well into the 1800’s in the developed world, and is still reportedly present in sub-Saharan Africa.

Slavery is one of the greatest evils of humanity – and modern leftists seem intent on re-introducing it on a global scale.

R Shearer
Reply to  rah
January 1, 2019 7:03 am

Venezuela banned private gun ownership in 2012 in order to fight crime. Today, crime is rampant and Venezuela is perhaps the most violence prone country.

BTW, Tony Heller’s site is perhaps seems to be under some kind of attack. He must be over the target or close to it.

paul courtney
Reply to  R Shearer
January 1, 2019 10:26 am

R Shearer: Yes, Error messages say their server is “Hillary’d”.

R Shearer
Reply to  paul courtney
January 1, 2019 11:12 am

Like with a cloth?

Reply to  R Shearer
January 1, 2019 6:04 pm

They threw a bottle of bleach on it!

Their socialist stupidity was on display!

Reply to  R Shearer
January 1, 2019 12:53 pm

There’s lots of ways to rob and/or murder someone. A gun is just one of those ways. But a gun is also a very effective deterrant against most of the other ways. Private gun ownership prevents far more crime than it ever enables. 😐

Sam Pyeatte
Reply to  rah
January 1, 2019 11:39 am

The Venezuelan military will have to be retrained to be “people who throw spears” instead of mechanized units requiring oil based fuels. What a bunch of losers.

Sam Pyeatte
Reply to  rah
January 3, 2019 2:07 pm

Maduro is just another dumb third-world toad who will require much aid from China and Russia to avoid starvation. They will at least save their oil for a future free society to tap.

December 31, 2018 11:27 pm

Eric, you forgot the /sarcastic tag at the end.

Seriously, I spent some time in Caracas and Maricaibo in the late 1990s. We visited the Pdvsa HQ in Maricaibo and could plainly see the damage to facilities and morale brought by the pre-Chavez round of nationalization. Caracas was dangerous in those days, but nothing like it is plainly so today. At least we could tour the countryside on weekends…a beautiful country with hard working people.

The new rulers of Pdvsa and the economy today are not even Venezuelan, they are Cuban and now Russian. So sad.

Jimmy Haigh
Reply to  John MacDonald
January 1, 2019 12:48 am

Yup. I spent a couple of years based in Puerto La Cruz while I was doing geological mapping in La Serrania del Oriente. It was great back then. I spent a lot of time staying in small towns out there and it was a veritable fiesta. And then came Chavez and his promises…

Greg Woods
Reply to  John MacDonald
January 1, 2019 3:18 am

Here in Colombia the Venezuelans have a reputation for being lazy.

John F. Hultquist
December 31, 2018 11:35 pm

Going beyond the oil industry, what is happening in Venezuela is an astounding situation. In terms of human interest it is of the order of the Rwandan genocide in 1994. The outflow of people from Venezuela is remaking the demographic map of several countries. There are terrible health and social effects on those remaining.

Jimmy Haigh
Reply to  John F. Hultquist
January 1, 2019 1:00 am

I keep in touch with a friend out there. The family have all left to settle in Peru except for her and her ageing Mother.

December 31, 2018 11:39 pm

No insect protein for this man…. No Sir….

And yet they still wonder why they often end up in the loving embrace of Madame……

January 1, 2019 12:14 am

In October 2017, Venezuela had its lowest oil output in 28 years, with only 1.863 million bpd being pumped that month.
By late-2017, the PDVSA struggled to repay $725 million of debt, part of a total $5 billion owed.
Into 2018 as a result of shortages in Venezuela, malnourished oil workers were too weak to perform their daily tasks, with many beginning to collapse on the job.

Hunger is accelerating the ruin of the Venezuelan oil industry as workers, who must do heavy work, become too weak and hungry. With children dying of malnutrition and adults who sift through trash in search of scraps, food has become more important than employment, and thousands leave work. Absenteeism and mass resignations mean that there are few left to produce the oil that keeps the economy running in rags.

Jimmy Haigh
Reply to  Jeff
January 1, 2019 1:02 am

That’s why they are trying to grab the fledgling offshore Guyana oil industry.

Reply to  Jimmy Haigh
January 1, 2019 6:07 pm

How will that help if they destroy Gayana’s oil industry, too?

Misery loves company?

January 1, 2019 12:16 am

Happy New Year Venezuela! I weep for you.

January 1, 2019 12:41 am

Marxism is about all power in The hand of The few. Serfdom.

Reply to  Santa
January 1, 2019 1:25 pm

It’s the road to neo-feudalism. The feudal order collapsed with the rise of the middle class. The socialist order ultimately seeks to do away with the middle class, by strangling them financially with onerous taxes and high energy costs, and culturally pressuring them into feeling guilt about their own affluence. The lower and under classes are bribed into going along with welfare state handouts funded by the take, and riled up by rhetoric that sets them against the middle class and its alleged “capitalist greed”. The upper class discreetly lines its pockets from the same take and waits for the whole system to run out of the other peoples’ money and go belly up. Then they can grandiosely swoop in to “rescue” the victims of the crisis they themselves engineered, and set themselves up as the neo-feudal oligarchs they’ve always felt entitled to be.

January 1, 2019 12:52 am

This is what happens when Marxist kleptocracies, appoint high-ranking industry positions with incompetent, unqualified and clueless political party hacks with no ability to perform the required duties of the job.

Under capitalism, important positions are filled with the most qualified, skilled, and successful experts. If the appointee is incapable of performing the job duties effectively, the person is replaced ASAP with someone who can… Wow.. what a concept…

History showed Marxism never has and never will work, and led to the murder of 100+ million citizens. One would think a 100% failure rate and 100 million deaths would have been suffienct evidence to show Marxism is evil and doesn’t work, but, alas…

How many more people must be murdered under Marxists tyranny before we learn the lessons of history? 1 billion? 2 billion? 5 billion? I wish some Leftist would give me a number…

Reply to  SAMURAI
January 1, 2019 9:55 am

The truly hardcore greenies think those deaths are necessary, in order to get the world population down to a “sustainable” level. Of course, as long as it’s not them who get killed… but as high priests in the Church of Gaia, they feel they should be immune.

Matthew Drobnick
Reply to  Don
January 2, 2019 9:11 am

Spot on Don.

I have a communist friend, not very bright but in many ways decent human, very giving. However, his worldview is pure Satanism. Believes in over population, pro abortion (calls unborn babies parasites), white privilege (he’s white), CAGW (but when I pressed him about co2 being irrelevant and laced about 6 factual examples he said “what do i care? All the programs they are pushing I agree with”.

This is what we are dealing with. Selfish egotists who sometimes might be materially giving but when it boils down, they are misanthropic.

I came out of Penn State buying into all this horse hockey, but it took me ten years to learn to see through all the nonsense

January 1, 2019 12:53 am

Difficult to reconcile the dismal picture painted here with the fact that Chavez and Maduro were and are repeatedly elected by an enthusiastic majority of the population. Nothing of this image is evident in the media reports (which are, in any case, virtually nonexistent) in the UK.
The only item of news here about Venezuela is that it is the model for the society that Corbyn will put in place in the UK when (no longer a question of if) he becomes PM.

Reply to  mikewaite
January 1, 2019 1:45 am

You already took the first step – disarmed the population so they will not have means to resist the green socialist utopia.

R Shearer
Reply to  jim
January 1, 2019 7:06 am

There are also no unwanted pets in Venezuela. Sadly, adoptions don’t last past dinner.

Rod Evans
Reply to  mikewaite
January 1, 2019 4:50 am

As Stalin once said “those who vote don’t count, they don’t matter. Only those who count the vote, matter..

Giles Bointon
Reply to  mikewaite
January 1, 2019 5:00 am

What is your definition of elected?
It’s helpful , as a dictator, to have the opposition leader jailed or banned and the opposition party choosing not to participate I a rigged election.

Reply to  mikewaite
January 1, 2019 9:36 am

Chavez won the first time by promising free stuff.
Ever since then he’s won by controlling the elections. Especially the counting of votes.

Reply to  MarkW
January 1, 2019 10:18 am

Sounds like Kalifornia.

January 1, 2019 12:55 am

The Socialist utopia is only one (more) mass grave away.

Jeff Alberts
Reply to  Bitter&twisted
January 1, 2019 8:28 am

Why does he look like Stalin and Saddam Hussein?

Donald Kasper
January 1, 2019 12:57 am

The military is being moved in because all the managers have quit.

Reply to  Donald Kasper
January 1, 2019 9:37 am

Quit, or shot?

Wiliam Haas
January 1, 2019 1:10 am

Eliminating his nation’s fossil fuel industry will not cause mankind to decrease their use of fossil fuels because they will just buy them from other countries. It sounds like he wants his people to regress back to a time of greater hardships and shorter lives. He wants the people of Venezuela to be his shaves. But even if he could reduce global CO2 emissions it would have no effect on global climate because the climate sensitivity of CO2 is zero.

Joel O’Bryan
Reply to  Wiliam Haas
January 1, 2019 1:53 am

Venezuelea’s plummeting output has been a windfall money boon to other OPEC members to make-up the difference to meet the agreed production levels. There are no tears for Venezuela from Riyadh to Dubai.

Reply to  Joel O’Bryan
January 1, 2019 11:23 am

It’s also been a huge boon to those of us in Texas and other US oil hot spots! If Vz had it’s act together oil prices would be plummeting and we’d be having another oil depression here in the gulf states. Having connections to the industry, I eagerly await the complete collapse of Venezuelan production!

Len Jay
January 1, 2019 1:19 am

Wow! Right out of the pages of Atlas Shrugged

John M Ware
Reply to  Eric Worrall
January 1, 2019 2:00 am

I just finished re-reading (for the fifth or sixth time) Atlas Shrugged–a terrific, far-flung novel on a vast scale. I enjoyed it much more than I did the first time (in high school) because now I understand it better.

In the current article, next-to-last paragraph, the word is “wean”, not “ween.”

January 1, 2019 1:19 am

I seriously doubt he has a green plan. It is the incompetence of a socialist likely justifying the fall of a great Nation because of his political policies that have ruined the country and starved the people. Other news reports claim that Venezuela people have lost 20 pounds and are eating their pets. The exodus is massive.
As an Engineer I visited Venezuela numerous Times, consulting on equipment problems in the rather modern refinery built by American oil companies subsequently nationalized, but initially run OK.
I FEEL SORY FOR THOSE who were run off their jobs or left their country when the socialists took over power.
Unfortunately the MSM is not reporting the failures of socialism so that we in the US are ignorant of the proposals by Warren, Cortez, and Bernie would turn the US into the next Venezuela.

Joel O’Bryan
Reply to  Catcracking
January 1, 2019 2:01 am

Maduro’s “green plan” likely includes copious amounts of greenbacks and gold in steamer trunks. Off-shore accounts and Swiss accounts are even too risky. Plus an escape plane for him and his family/inner circle, first to Cuba, then someplace like the Comoros Islands or Seychelles with enough payoffs.

R Shearer
Reply to  Catcracking
January 1, 2019 7:15 am

I stayed at one of the Hilton hotels that was later confiscated by the regime. Today, rooms come with bed bugs for free.

Socialism destroys the incentive to risk, to make anything better and naturally it gets worse and thugs assume control of virtually everything.

Pamela Matlack-Klein
Reply to  Catcracking
January 2, 2019 5:59 am

There are still a large number of people in the US that understand what is happening in Venezuela and other “Socialist Paradises” but the much larger number of citizens is totally clueless and believe they are entitled to free health care, a guaranteed income in the form of regular checks from the government, and a boat load of free stuff, to give the likes of Bernie hope they will prevail. Don’t these morons realize that in order for them to get free stuff someone has to be creating wealth? Once the confiscated wealth runs out, there is nothing left to pay for “free” health care and other “free” stuff!

I hope that the US does not fall into the Venezuela trap but with so many thinking it is utopia to live in a Socialist country, I worry.

January 1, 2019 1:24 am

The frightening thing is that this is the model country for ‘our’ Jeremy!

Happy New Year readers.

Reply to  Julian
January 1, 2019 3:38 am

This is AGENDA 21 writ large and unavoidably ! God help the Venuzualans, their economy and quality of life will drop through the floor. This is evil.

Jeff Alberts
Reply to  Vanessa
January 1, 2019 8:30 am

“God help the Venuzualans”

When has that ever worked?

Michael Keal
Reply to  Jeff Alberts
January 1, 2019 1:54 pm

On the contrary, it works every time. Take control of a democracy by winning an election by any means necessary, destroy the democracy so you never lose power after that, seize the means of production, starve out any unwanted population* (better than massacres which gets way to much negative press) then do whatever the Marxist overlords pay you to do. (e.g. take an oil field out of production but maintain it for later use.)

*Better still bus them to the US border. Trump better build that wall PDQ. Marxist have a plan for the US too!

Jeff Alberts
Reply to  Michael Keal
January 5, 2019 8:37 am

And that’s god, is it?

Reply to  Jeff Alberts
January 1, 2019 3:30 pm

Jeff, do you feel better?
That’s nice.

What is it about atheists that they always feel the need to act like jerks?

Jeff Alberts
Reply to  MarkW
January 5, 2019 8:36 am

I asked a question, apparently you don’t have an answer except to attack.

Mike McMillan
Reply to  Jeff Alberts
January 1, 2019 6:56 pm

November, 2016

Greg Cavanagh
Reply to  Vanessa
January 1, 2019 4:47 pm

Now imagine that this was representative of a One World Government. Where do you escape to? And dictators always turn into one of these.

Do we vote for who runs the world government? I bet we don’t, or it makes zero difference, just like our current “democracies”. Vote Labour, get Green. Vote Liberal, get Green.

Reply to  Julian
January 1, 2019 12:15 pm

The truly frightening thing is that Theresa could not be doing more to get Jeremy elected if she tried. And Jeremy is a “one man, one vote, once” person.

Happy New Year to you too. Have you decided where you will go?

January 1, 2019 1:30 am

It seems that Manuel Quevedo’s version of Christianity leads on the path to Hell.
Why can’t the Pope do something about this and wave the excommunication stick?

Doubt that President Maduro bothers with such matters.

Rich Davis
Reply to  Alasdair
January 1, 2019 2:56 pm

The green socialist pope is more likely to excommunicate the people who oppose Maduro, I reckon.

January 1, 2019 1:37 am

Strange silence from Greenpeace and other members of the Green Blob.

January 1, 2019 1:52 am

It looks a bit like Cambodia when Pol Pot cleared the cities of anyone with education to create his Utopia in the countryside.

January 1, 2019 2:04 am

From Maduro’s point of view, whatever rest of us may think, this is his version of
‘ Venezuela first ! ‘
Sadly millennials snowflakes have no idea what the ‘Che Guevara T shirt’ was about.

Alan the Brit
Reply to  vukcevic
January 1, 2019 3:04 am

Well they should do, that wearing one is celebrating the life of a mass murdering cold-blooded ruthless killer, even of those on his own side!!!!

January 1, 2019 2:08 am

The “progressive” MSM seem remarkably blind to this issue, and related events such as the return of piracy:

Flight Level
January 1, 2019 3:00 am

Viva la revolucion, nothing a Chinese investors takeover can’t solve.

January 1, 2019 3:02 am

OT, but a guid New Year tae aa’ wur readers, and lang may aa’ wur lums reek wi’ life-giein’ CO2 tae keep aa’ the plants growin’ cannily.

Ron Long
January 1, 2019 3:03 am

Add gold to the oil problems list. The company Gold Reserve discovered an excellent gold deposit Kilometer 88, almost 20 years ago, then Chavez nationalized it. Oops! Crude gold, dore, must pass through a refinery to become gold of real value, and Gold Reserve went to the Hague and got an order to confiscate any Kilometer 88 gold going into any refinery. The deposit is reportedly being studied by their new Russian friends, the same ones placing nuke-capable bombers on a Venezuelean island in the Carribbean, and it looks like they might try to take the deposit over.

January 1, 2019 4:58 am

Too much Midori for Maduro.

January 1, 2019 5:04 am

Where is Danny Glover or Sean Penn coming to rescue Maduro and their model for government? Surely those two had to know what they praised when Chavez was in power would lead to? Guess not. Now we have clueless Pols wanting to duplicate that in the US. I wish the Cortez’s, Harris’, Warren’s, Sanders’, O’Rouke’s, etc (it’s a long list) would get over themselves, look outside their bubble, and accept that they don’t know what they don’t know.

Reply to  Jim
January 1, 2019 9:41 am

Like most leftists, they only cared about what Chavez was saying, not what he was doing.
Virtue signaling.

Greg Cavanagh
Reply to  MarkW
January 1, 2019 5:19 pm

Say one thing and do another, seems to be a theme. Do you think this is what is described by “There is none so blind as those who cannot see”. A personality trait perhaps?

Alan Watt, Climate Denialist Level 7
January 1, 2019 5:24 am

The sarcasm is strong with this one.

Ron Long
Reply to  Alan Watt, Climate Denialist Level 7
January 1, 2019 5:41 am

May the farce be with you…

son of mulder
January 1, 2019 5:46 am

Stop it you’ve made me rick my side.

January 1, 2019 5:52 am

Maduro forgets that he is mortal, and no longer young.

Reply to  Sara
January 1, 2019 7:17 am

He will live forever in the Pantheon of Communist tyrants, along with Mao, Stalin, Honecker, and Castro.

Tab Numlock
January 1, 2019 6:06 am

Trump should invade Venezuela, fully ramp up oil production and keep half. Instead, the Chinese will get control and keep 90%.

Reply to  Tab Numlock
January 1, 2019 12:17 pm

There is now a bloke next door called Jair Bolsonaro who might be more than happy to do it (see my comment below) on the Trump’s nod.

January 1, 2019 6:42 am

Sadly not invited to today’s the next door celebrations for the inauguration of the Brazil’s president Jair Bolsonaro, another S.American character, one of a kind, man of memorable quotes:
“I never beat my ex-wife, but I thought of shooting her various times.”
apparently advocating the sterilisation of poor people, while the rest of his sayings turns political correctness on its head.
South America ain’t going to be the same again with Nicolas Maduro and Jair Bolsonaro next door to each other.

William Capron
January 1, 2019 7:13 am

No Griff? I always do a Griff-walk looking for the loony light behind the dark clouds. Venezuela should be in his wheelhouse.

Reply to  William Capron
January 1, 2019 6:10 pm

The reason Griff is absent is because he’s already in Venezuela’s wheelhouse!

Tom Halla
January 1, 2019 7:23 am

Venezuela is starting to look like a rerun of the Great Leap Forward. One can only hope someone organizes a coup before it runs the same course.

Reply to  Tom Halla
January 1, 2019 9:43 am

The only people in a position to make such a coup are busy getting rich off of the corruption.

Mike Bromley
January 1, 2019 7:36 am

“Fostering a Return”??? What absolute glurgy bunk.

Trevor D
January 1, 2019 8:29 am

It’s weird, but I keep pronouncing “Maduro” as *******-****.
Witty but the f-word is not appropriate in Spanish or any other language on this website! Those who wish to do so can Google translate ‘duro’ as an adjective/adverb and the f-word as a noun/verb. Mod

Kevin kilty
January 1, 2019 9:05 am

Good sarcasm, missed by a number of readers.

Smart Rock
Reply to  Kevin kilty
January 1, 2019 1:02 pm

Right, Kevin. Tongue-in-cheek humour is one of the things that makes WUWT stand out from the crowd and be so popular. It’s apparently not appreciated, or possibly not even noticed by quite a few commenters.

Whether humour, or even humor does any good in the long-running battle against those who want to separate us from out CO2 emissions, is doubtful. But it makes it a lot easier to face another day of green nonsense.

Thanks Eric for that.

Reply to  Smart Rock
January 1, 2019 3:56 pm

One of the greatest weapons against tyranny is humor. Would-be tyrants are almost exclusively self-important and have a chronic inability to laugh at themselves.

Reply to  drednicolson
January 1, 2019 6:24 pm

They shoot people who laugh at them and by extension realize suicide isn’t acceptable.

January 1, 2019 9:09 am

If you wanted to create a toxin that makes lots of people die in agony, you would call it Socialism.

Reply to  damp
January 1, 2019 9:25 am

Look, we found the uneducated imbecile!

Socialism tries to keep everybody alive and out of pain immaterial of their value to society.

Communism lets the people of no value to society starve to death.

Stalinism is neither.

Reply to  Prjindigo
January 1, 2019 9:45 am

Socialism claims to do that, however the reality is that socialism is just communism in slow motion.

Greg Cavanagh
Reply to  MarkW
January 1, 2019 5:25 pm

Socialism is socialism in name only. The results of socialism are always the same, destruction of property and people, and the removal of incentive (and rewards) to work.

Reply to  Prjindigo
January 1, 2019 10:40 am

I lived through a lot of the 20th century when Socialism, Communism and Marxism of various stripes were killing a hundred million people. Now it seems humanity still hasn’t learned its lesson.

If Socialism “tries” to do something good, then it is an utter failure. More likely the mass graves are the real object, and the professed good intentions are a smokescreen intended to fool “uneducated imbeciles.”

Craig from Oz
Reply to  Prjindigo
January 1, 2019 6:09 pm

Prjindigo said;

“Socialism tries to…”

Important word there being ‘tries’.

Words missing being ‘…and fails.’

The moral and ethical concepts of socialism have some merit. You have lots. You don’t need all. Spread the excess. Everyone succeeds.

The practical results of socialism are that the community organisers cast themselves into admin roles, demand the successful give up what is theirs in order to support the lazy and without the incentive to better yourself that capitalist type cultures provide the entire system slowly collapses into apathy.

Then the community organisers decide that harsh steps need to be put in place and, since most of these people lack STEM, real world experience, or both, they reform the society into an unfixable farce where the top is corrupt, the bottom is oppressed and anyone who might have the skills to fix the problem are removed before they become political dangerous.

Play with names all you want, but Socialism is the good intended paving that leads to all the graves.

Reply to  Craig from Oz
January 1, 2019 7:38 pm

“The moral and ethical concepts of socialism have some merit. You have lots. You don’t need all. Spread the excess. Everyone succeeds.”

Except, Craig from Oz, in order to “spread the excess” we have to violate a fundamental human right: the right to property. When people can’t own what they earn, no one succeeds – except the few who get to determine who gets what.

Once we start thinking that everyone’s stuff is “our stuff” (as in, “Here in the richest country on earth, we should be able to [insert utopian goal here]), we’re on that road you mentioned.

January 1, 2019 9:22 am

The one that the Venezuelan government is no longer in control of as the military is pumping it to be shipped by Russia directly to North Korea?

Reply to  Prjindigo
January 1, 2019 9:46 am

Why would Russia do that? N. Korea is China’s vassal.

January 1, 2019 9:34 am

If you want to destroy something, the quickest way is to have government take over.

Reed Coray
January 1, 2019 9:56 am

With “wins” like that, who need losses?

January 1, 2019 10:30 am

Another large problem with oil production is massive theft of vital oil production equipment. When the New York Times starts documenting problems in a socialist paradise, it must be bad.

John Sandhofner
January 1, 2019 11:13 am

“fostering a return to a simpler age when the Venezuelan people lived more in harmony with nature.” Read a return to death and starvation. In nature it is eat or be eaten depending where you are on the food ladder.

January 1, 2019 11:14 am

October 2018
Countries With The Largest Proven Oil Reserves
Rank Country Billions of Barrels
1 Venezuela …………. 300,878
2 Saudi Arabia …………. 266,455
3 Canada …………. 169,709
4 Iran …………. 158,400
5 Iraq …………. 142,503
6 Kuwait …………. 101,500
7 United Arab Emirates …………. 97,800
8 Russia …………. 80,000
9 Libya …………. 48,363
10 United States …………. 39,230
11 Nigeria …………. 37,062
12 Kazakhstan …………. 30,000
13 China …………. 25,620
14 Qatar …………. 25,244
15 Brazil …………. 12,999
16 Algeria …………. 12,200
17 Angola …………. 8,273
18 Ecuador …………. 8,273
19 Mexico …………. 7,640
20 Azerbaijan …………. 7,000

Tom in Denver
Reply to  vukcevic
January 1, 2019 1:26 pm

Proven oil reserves? If you were right , I would agree with you but…
Oil Reserves by Country
Most likely estimate for existing fields, discoveries and yet undiscovered fields
United States 264
Russia 256
Saudi Arabia 212
Canada 167
Iran 143
Brazil 120
Iraq 117
Venezula 95
Mexico 72
China 59
billions of barrels of oil
Source: Rystad Energy

Reply to  vukcevic
January 1, 2019 2:47 pm

Yes there is plenty of oil in Venezuela but my understanding is none of it is sweet.

Reply to  rah
January 1, 2019 6:26 pm

…it coincides with their political ideology.

Bryan A
Reply to  RockRoad
January 2, 2019 7:57 am

Now that was crude…
True but crude

Russ R.
January 1, 2019 11:42 am

The Venezuela oil production story is similar, but on a grander scale, to the “Obamacare Website” fiasco. One look at this and it is obvious what government control to any “profitable industry” does. It does not just destroy the profit, it destroys the operational efficiency and competence.
This is the future for any system that allows for legally sanctioned, politically driven, bureaucratic control. It is always sold as “free stuff for you, paid for by benevolent government”. But the benevolent government turns into a “profitable industry” for the ones in power, with the scraps going to the enforcers. The people get photo ops and propaganda, instead of a useful product or service.
And the appetite for it is voracious within the modern US Democratic party. We look at this and see human tragedy and suffering. The “Medicare for All” promoters look at this and they see a good plan with a poor execution. And all they would need is the right people to make the right decisions, and it magically turns to Nirvana. And the world is still waiting on the first Socialist Nirvana. And all signs point to a long wait.

January 1, 2019 11:49 am

I viewed Tony Heller’s site some five hours ago and he had a video of about 25 minutes.
Longer than usual, but a V. good condemnation of the CAGW fraud.
R Shearer noted this above, some 4 hours ago.
His site is still blocked or whatever it is.

Chris Hanley
January 1, 2019 12:32 pm

“… Workers who make mistakes operating increasingly dilapidated PDVSA equipment now face the risk of arrest and charges of sabotage or corruption …’.
History repeats:

Bruce Cobb
January 1, 2019 12:47 pm

We cry for thee, Venezuela.

Killer Marmot
January 1, 2019 12:59 pm

Oil production is a difficult endeavor. It requires capital, enormous technical expertise, experience, good judgement, and so on. Anyone who thinks you just drill a hole in the ground and wait for the riches to come pouring out is in for a rude awakening.

Chris Hanley
January 1, 2019 1:17 pm

The land of opportunities in the 1950s: Venezuela:

Clyde Spencer
January 1, 2019 1:48 pm

Was that a ‘smart’ comment? Or simply an unthinking one?

John Robertson
January 1, 2019 1:53 pm

Nice work of satire,damn shame you are talking about Canada’s future.

January 1, 2019 2:22 pm

How long before someone claims that Venezuela is proof of peak oil?

Reply to  MarkW
January 1, 2019 6:32 pm

…easier to claim peak insanity!

January 1, 2019 6:12 pm

Another sterling example why a global warming win is a huge loss for humanity!

January 1, 2019 6:56 pm

Where is the Pope when Venezuela needs help?

Reply to  ResourceGuy
January 1, 2019 9:13 pm

Right alongside Maduro, pitching socialist politics rather than the gospel of peace and prosperity!

Michael Brewer
January 1, 2019 10:17 pm

Don’t worry. No matter how badly Maduro and company screw up the Venezuelan economy, the CIA and the American Deep state will bail him out through abortive “_____ Spring” coup theater.

Wiliam Haas
January 2, 2019 12:26 am

We must weep for the people of Venezuela. For years it has been the economic ravages of socialism and now their own government wants to take away Venezuela’s most viable international product. Where else is the money going to come from to pay off debts and pay for imports but from the poor people of the country.

Steve O
January 2, 2019 4:26 am

Putting military officers in a position to personally profit from PDVSA reduces the chances that there will be a military coup, which I suspect is the real reason for this. Things are bad anyway. He probably thinks how much worse could things be.

January 2, 2019 8:24 am

Nothing that increasing the minimum wage and more diversity hiring won’t fix.

Reply to  MLCross
January 2, 2019 9:07 am

You left out cannabis and craft breweries on the list of policy priorities.

John Endicott
Reply to  ResourceGuy
January 2, 2019 10:58 am

Don’t forget gender studies so everyone else can understand those cannabis smoking diversity hires
and building plenty of safe spaces for those cannabis smoking diversity hires when the gender studies doesn’t help.

January 4, 2019 2:23 pm

Socialism/Communism vs Capitalism…..Capitalism wins every time.

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