4 ms·
Sanctions had nothing to do with this?
by goatlover 10mo ago
Sanctions had nothing to do with this?
- selectodude 10mo agoNot really. VZ oil production peaked in 2012, long before the sanctions.
- isr 10mo agoCompletely dishonest answer. Sanctions decimated Venezuela's ability to maintain its oil infrastructure. Everything, from machined parts, to the various chemicals needed, everything, was affected. It just took a few years for the sanctions to bite, as the Venezuelans conserved & used stockpiles. Again, a completely dishonest take. Speaks volumes, when most defenders of todays criminality keep spouting arguments to this effect.
- selectodude 10mo agoVenezuelan oil production was cratering years before the first oil sanctions because they replaced everybody who knew how to drill oil with loyalists. I didn’t realize this was debatable.
- brohee 10mo agoReplacing all competent but ideologically unreliable people by reliable but incompetent people got more to it. See "Politicization" in https://en.wikipedia.org/wiki/PDVSA?wprov=sfla1 https://en.wikipedia.org/wiki/PDVSA?wprov=sfla1