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So many older Alberta s aren’t aware of these CPP facts once we vote yes to separate. Help inform them. Or better yet, ask why they believe what they believe.
Interesting read from Tracy Schuchart on X, about Venezuela oil: https://renegaderesources.pro/p/uninvestable-why-big-oil-is-apprehensive
I'm not a subscriber so couldn't read the whole thing, but here is the summary she posted on X:
Trump promised $100 billion in oil investments to rebuild Venezuela.
On January 9th, he got oil executives in a room and got a reality check instead.
ExxonMobil CEO to Trump's face: "Venezuela today is uninvestable."
ConocoPhillips CEO: We're owed $12 billion from the last time we trusted Venezuela.
Trump: "Good writeoff."
CEO: "It's already been written off."
Here's what nobody's saying out loud:
Chavez claimed 300 billion barrels of reserves in 2011. Never independently audited. OPEC just publishes what members report. Actual recoverable reserves? Probably 80 to 110 billion. Maybe.
Venezuela owes $60 billion in arbitration awards from seizing foreign assets. ExxonMobil and ConocoPhillips got burned in 2007. Assets nationalized. Years of legal battles....
