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#792050
Sat 10 Jan 2026 01:45:PM
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Joined: Feb 2001
Posts: 381,904
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,904 |
This collapse is central to the scepticism voiced by oil companies. Restoring production on a meaningful scale is not a matter of restarting wells. It would require rebuilding pipelines, upgraders, refineries, power supply and skilled manpower, all of which demand long-term capital commitments. Source: Oil not well: Why ExxonMobil thinks Venezuela is 'uninvestable'
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