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this post was submitted on 30 Nov 2025
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Political Memes
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Venezuela Oil is poor quality which means it costs a lot to refine.
Tell people this and they'll blink at you like you just asked a fish to do calculus.
The public is woefully ignorant on how the oil industry as a whole works, the vast majority of people don't even know that there are different qualities and weights of oil that are suited for different things.
Wouldn't refining companies like that?
It's not worth it, maybe one day it will be worth but we are developing alternatives... Plenty of reserves in allied countries and I think the US has big untouched reserves just in case.
Venezuela is incapable of processing that oil because when they nationalized the industry they fucked it so hard now they don't have the tools, that's what Bolivarism does.