Big Oil Worries About Venezuela, Not US Sanctions
Mainstream media frames a recent White House meeting as Big Oil's 'wary' approach to investing in Venezuela, citing 'instability.' What the NYT skips is that much of this 'instability' is the direct result of targeted US sanctions and foreign policy interventions designed to undermine the Venezuelan government for decades. From coup attempts to crippling economic pressure, Washington has actively
made Venezuela an 'unstable' investment, then feigns surprise when corporations find it so. One might wonder if these multinational corporations, eager to re-access Venezuela's vast reserves, are concerned about sanctions impacting their bottom line — or genuinely worried about the Venezuelan people. The U.S. has a pattern of creating geopolitical crises and then benefiting from the 'solutions,'
whether it's through military contracts or, in this case, energy deals. It's not instability they fear, but the inconvenient truth that they profit immensely from its engineered existence.