maximuswarrior
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LOL This Brazilian president is an absolute madman. Just another crazy Trump of South America.
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Here is the truth about Venezuela's oil...apparently US is doing this exactly because it's scared of china. Imagine China were still weak, you think in a million years US would do this for Brazil. Brazil just became a pawn.
When Chavez was alive, Chinese state-owned oil companies cheated by Venezuela by making a deal that Venezuela would pay for shipping cost all the way to China. Then once those tankers were out of sight, they turned north to the US and sell the Venezuela sour crude to US refiners as even Chinese refiners do not want to work extra hard to process that sour crude. US refiners were already busy with higher quality crude oil and would low ball the Venezuelan oil. But even so, the Chinese profited anyway because Venezuela already paid extra for shipping all the way to China, which the Chinese did not do.Venezuela’s Orinoco oil belt constitutes the majority of the country's 298 billion barrels of proven oil reserves (and an estimated 513 billion barrels of recoverable oil), which are primarily heavy, sour crude. Venezuela’s extra-heavy crude must be processed by specialized refineries,...
So do not talk as if your China have anything positive for the Americas. We are not 'scared' of China because your China will abandon Venezuela, which pretty much mean there is nothing of interest for China in the Western hemisphere. What we MAY do for Brazil is for security and regional stability purposes. Your China's behavior contributed to that need....Chavez's government was "extremely upset with Chinese companies due to the discrepancy between Chinese petroleum import statistics that suggest (China) is profiting from Venezuelan oil purchases by diverting the crude to third markets and earning a sizable margin."
The Venezuelan official, whose name was not released, "intimated that tankers had been diverted to the U.S., Africa, and elsewhere in Asia."