Translation: The Venezuelan government “nationalized” (stole from the rightful owners, for the socialists) all the assets that foreign countries had invested in getting the oil out of the ground and ocean and will do it again.
Fool me once....
Fool me once?
It only takes a generation for a repeat performance. Nobody either learns or reads. I’m seeing repeats of failed initiatives of the last 40 years of my career in the oil industry repeated by the new “leadership”.