Guyana’s New Oil Fields are Venezuela’s Old Oil Fields?
(LINK) Our fellow blogger, Claudio, brought this to my attention.
GEORGETOWN, Sept 18 (Reuters) – The United States and Guyana will begin joint maritime patrols aimed at drug interdiction near the South American country’s disputed border with crisis-stricken Venezuela, the U.S. secretary of state and Guyana’s new president said on Friday.
The agreement comes as U.S. oil major Exxon Mobil Corp , as part of a consortium with Hess Corp and China’s CNOOC Ltd, ramps up crude output from Guyana’s massive offshore Stabroek block, a large portion of which is in waters claimed by Venezuela.
Pumping Venezuela dry while the US Coast Guard protects the oil fields while it’s patrolling for drug shipments.
“Greater security, greater capacity to understand your border space, what’s happening inside your Exclusive Economic Zone – those are all things that give Guyana sovereignty,” U.S. Secretary of State Mike Pompeo said in a joint appearance with newly-installed Guyanese President Irfaan Ali.
Pompeo is using his four-nation South America tour to ramp up pressure on Venezuelan President Nicolas Maduro, who has overseen a six-year economic collapse and has been indicted in the United States on narcoterrorism charges, to resign.
“We know that the Maduro regime has decimated the people of Venezuela and that Maduro himself is an indicted narcotics trafficker. That means he has to leave,” Pompeo told reporters during his appearance in Georgetown with Ali.
A series of offshore oil discoveries in recent years have given Guyana, which has no history of oil production, the potential to become one of Latin America’s largest producers.
Good news for Guyana.
Bad news for the thugs who run Venezuela. Long term may be good news for the people of Venezuela.
Thanks Claudio – The noose just tightened on Venezuela. The people there seem unwilling to throw out the communists. Let them eat cake, and bless their hearts.
How long before Guyana goes socialist?
Our Banana Republic diplomacy left so many great memories of the US in those countries.
Hope somebody, somewhere, is working with a different playbook this time.
That’s just what I was thinking. Hopefully those idiots will look at the history of Argentina and Venezuela and learn.
Aw, who am I kidding? Socialist in 10 years.
Will Guyana go socialist before the USA?
Yes!
Maybe AOC needs to go to Guiana and stay there.
Guyana, keep your head on straight.
Gaiana. Didn’t the French have a prison somewhere around there? We could… renovate it.
They closed it after Papillon escaped…in shame, I’d guess.
Decimate — reduce by ten-percent.
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