Sorry, but Alberta’s oil industry needs to be nationalized and then repurposed for Canadian use only.

“Given the size of Venezuela’s reserves, the low prices could last for a very long time – possibly until the planet’s transition from a fossil fuel economy is complete,” I wrote back then. “U.S.-owned fossil fuel companies that have resisted building refining capacity in Alberta because they don’t want to compete with underused capacity at their Gulf Coast operations will have no problem replacing their Canadian supplies with cheaper Venezuelan crude. They have no loyalty to any jurisdiction, or to any notion of ‘ethical oil,’ only to the best price and the best return on investment.”

So that was the potential situation in February 2019. What’s changed since then?

Not much. Maduro is still president of Venezuela, although he’s promised to make it easier for the U.S. to have a bigger stake in his country’s oil industry. Trump is president of the United States again and he doesn’t care about Maduro’s concession. He wants a fight to prove he’s still the boss of something. It looks very much as if he will launch attacks on Venezuela within days, if not hours.

This article is good, it highlights the important aspect of the way oil is driving conflicts right now, people correctly identify Trump bombing fishing boats to try to start a war with Venezuela is about oil, and so is the Ukraine war too… but what a lot of people don’t realize is that it isn’t so much that the wars are about GETTING oil so much as controlling the way oil is sold and locking down a profit chain for fossil fuels that will be reliable into the future.

It is getting harder to SELL oil, that is the dynamic. Oil powers are essentially playing musical chairs and the music just stopped.

Didn’t First Nations people get messed over for these?