Phil Stewart
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I think that right now there's, there's a, there's some, uh, interest potentially, but there would have to be a lot of probably what Reuters is reporting.
There would have to be some guarantees for them because of the, you know, the kind of crude that Venezuela produces isn't, you know, the kind of crude that frankly, even North Dakota could produces, which can fetch a higher price.
Um, it's, it's, you know, it needs, it needs a lot more work to be, to be used and, and
And and so I don't know.
I don't know whether they're going to go running into Venezuela or not without quite a lot of U.S.
government guarantees support.
Yeah, I mean, I don't know really how to respond to that.
I mean, I would say that, you know, like U.S.
debt ratings agencies that look at American debt, you know, sometimes speak about, you know, political volatility as a risk to the U.S., to the United States financially, economically.
So political volatility plays out in different areas.
It's easier to see when it comes to bond prices than it is maybe in relations with other countries.
But I think if you were in Colombia and right now there's an election coming up in the spring, there is volatility there.
I mean the government might not be a left-leaning government in four months.
It might be a very pro-Trump government in four months.
This kind of era of political volatility, I would say, is global.
We're seeing a lot of political volatility around the world and swings between different ideologies in different countries.
I mean, it's really hard to say right now.
You know, it's really, really hard to say.
You would need a crystal ball to know whether or not this is going to devolve into some sort of quagmire that's going to drain US resources or not.
You know, you'd have to have a crystal ball to know whether or not the...