Chevron has the right to make business decisions, some good, some bad, as should all American companies. Most decisions made by large oil corporations are based upon long-term conditions, which in this particular case might have been to be the only one left in Venezuela doing business AFTER Maduro was removed or no longer in power. They have every right to take such a position if they think it will pay off in the long run.
What I don't agree with is the U.S. government essentially using an American company to conduct foreign policy and asking their share holders to bear the cost. We all pay taxes for that purpose and the weapons for removing someone like Maduro are readily available to a President. Use those weapons that are already paid for.
You do have a point. No further comment.
The US applied sanctions to Venezuela in 2018.
Chevron was granted waivers 4 times.
Trump is giving them advanced notice there will not be another waiver.
“The company made bad decisions.”
Chevron has the right to make business decisions, some good, some bad, as should all American companies. Most decisions made by large oil corporations are based upon long-term conditions, which in this particular case might have been to be the only one left in Venezuela doing business AFTER Maduro was removed or no longer in power. They have every right to take such a position if they think it will pay off in the long run.
What I don’t agree with is the U.S. government essentially using an American company to conduct foreign policy and asking their share holders to bear the cost. We all pay taxes for that purpose and the weapons for removing someone like Maduro are readily available to a President. Use those weapons that are already paid for.
...
What would the US position have been if in the middle of WWII, a US company chose to build a company location in Japan or Germany? We are at war. Undeclared or not, we are at war. We are fighting an asymmetrical war, but war never-the-less.