The reality you don't know what you are yapping on about.
You never did. You simply pump and dump wherever you go.
Chemists, Engineers as well as Geo and Riggers are part of life in any oil field. If you didn't know they are a common feature of any oil field, then you have really revealed your ignorance.
Here are the FACTS:
- the Orinoco Belt in Venezuela is the largest oil field in the world, but its heavy crude, and
- "Production costs in Venezuela average between $10 and $12 per barrel, excluding a 33% royalty PDVSA pays to the government, according to two industry sources. The state-run firm has not disclosed annual reports since 2017."
That is right, ONLY $10 to $12 per barrel back in 2017.
Now, it has gone up to about $20 per barrel in 2024 year.
We don't have to invent the Wheel to extract the oil out. The Venezuelan have been doing it for Decades!!! We just hire their staff.
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