Aiden

And that guy could make your life hell if you're trying to build there.

Like all this stuff is still happening.

Yeah, but my understanding is like, ExxonMobil's POV is like, we're actually drilling where there's a picnic.

Like, they're drilling in the Permian Basin right now to do shale, and it's easy as hell, and the oil is already, like, doesn't need to be refined, and it's great, and they're loving it.

And that's why they're adding big expansion plans.

So if they're going to spend $100 billion to build in Venezuela, they need to have more guarantees that might require, and this is why this Venezuela thing, regardless of how you feel about Maduro, I'm negative on, is because...

those guarantees require like more from the U.S., like boots on their ground or like, yeah.

Okay, I want it here.

I want it here.

That's why China, by the way, the smart... I mean, listen, if you're going to nationalize, the way China does it is the smartest one because they do these...

I don't know what they're called.

It's a... Loan for oil, you mean?

No, it's like they force you into a joint subsidiary company thing.

Like when Disney built Disney in Shanghai, they own 49% of it.

Chinese local company gets 51%.

They learn the expertise.

That is how they did it.

They made it so that the outside company can come in and make money, but the ownership is always 51% the local Chinese company, and it's part of the rules.

They have to share the expertise.

It's a tax write-off?