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| Has Trump just pulled off the most brazen oil heist in history? Vijay Vaitheeswaran, The Economist’s Global Energy and Climate Innovation Editor talks to Ethan Wu and Mike Bird, co-hosts of The Money Talks podcast, about why America might never benefit from Venezuela’s vast oil reserves. 00:00 – Why Venezuela’s vast oil reserves are so difficult to use 02:29 – Heavy vs light crude: why Venezuelan oil is different 04:38 – Why big oil won’t invest in Venezuela again 06:23 – What oil prices would make Venezuela viable 08:41 – Why this oil strategy feels outdated today Listen to the full episode: https://econ.st/4sxjAVK How the Pentagon snatched Nicolás Maduro: https://econ.st/4hv0wlY Sign up to our weekly newsletter: https://econ.st/3J0xzBr #TheEconomist #Venezuela #oilandgas |
The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.
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