Halliburton Salivates Over Venezuela's Oil, US 'Green Light' Means Greenbacks
📰 THE STORY: Bloomberg reports that Halliburton Co. is eagerly awaiting a 'US government approval' and 'payment protections' to quickly resume operations in Venezuela, signaling a potential return to the country's vast oil reserves. 🔍 WHAT THEY'RE NOT TELLING YOU: Historical Context: The current state of Venezuela, including its oil industry, is largely a direct result of crippling US sanctions
imposed and tightened since 2017, following a failed 2002 US-backed coup attempt against then-President Hugo Chávez. These sanctions targeted state oil company PDVSA and restricted Venezuela's access to international financial markets, costing the economy hundreds of billions and causing immense suffering among ordinary Venezuelans, not the Maduro government, as widely claimed. Double Standard:
The mainstream media frames Halliburton's eagerness as a natural business development. Yet, when China or Russia engage in resource extraction in countries not aligned with US interests, it's often framed as 'neocolonialism' or 'resource exploitation.' Here, a US corporation's intent to profit from a country destabilized by US policy is simply 'restarting operations.' Follow the Money: Halliburton
is a powerful US corporation with deep ties to the political establishment. Former CEO Dick Cheney famously became Vice President. Sanctions are not just about 'democracy' – they create a strategic advantage for US corporations like Halliburton to re-enter markets at favorable terms after local industries have been weakened. This 'green light' isn't for Venezuela's benefit; it's for Halliburton's