2026-01-06
22 分钟Bloomberg Audio Studios, podcasts, radio, news.
If you're a big oil company like a Chevron, like an Exxon Mobil,
you're waking up here over the past couple of days.
How are you viewing Venezuela these days as an investment opportunity
if you're one of these big oil companies?
Well, if you're a Chevron, you've been in country for almost a century now, right?
So you take a longer term view.
The assets have been uh...
renationalize and privatize and renationalize the couple of times right so uh...
sharon has been there uh...
they've had a foothold in that country throughout the more controversial times and so uh...
they are a direct beneficiary but again it's going to take time uh...
this isn't something that uh...
you know although the military action didn't harm any of the facilities The facilities have been in decay and have been under-invested in for several years throughout the nation.
So this is going to be a slow grind higher.
You know,
think about that the nation was producing more than three million barrels a day at its prior peak,
and that peak was sometime in the 70s,
and it was right around three million in the early knots before it was nationalized.
There's somewhere around a million barrels a day now.