DougDoug
speaker
1,328 appearances
4 recordings
1 series
first heard Jan 2026
last heard 25 Mar
DougDoug’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Jan 2026 with 2.
Appearances
There's a couple funny notes from it that I think.
So he tells the executives when he gets them all in a room, if you don't want to go in to Venezuela, just let me know.
Cause I've got 25 people that aren't here today that are willing to take your place.
So they start talking, and he says, we need $100 billion of investment in Venezuela.
Again, the Venezuela oil infrastructure is in shambles, right?
It hasn't been well maintained.
So the idea is not we go in and take the oil.
It's we go in with American companies and invest a giant amount of money to rebuild it, right?
Exxon chief executive officer Darren Woods expresses strongest reservations.
He says, if you look at the legal and commercial constructs and frameworks in place in Venezuela today, it's uninvestable.
He brings up the fact that Exxon stuff was just taken by the government twice before.
Like Exxon has tried to operate in Venezuela and in the early 2010 or 2000s, when Hugo Chavez was still in charge, he just took all their stuff.
So he said, how durable are the protections from a financial standpoint?
What will the returns look like?
What are the commercial arrangements, the legal frameworks?
All of those things have to be put in place in order to make a decision to understand what your return would be over the next several decades.
The quote was, I didn't like their response.
They're playing too cute.
It's exactly that.
So this is a graph of the amount of
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