Phil Stewart

speaker

930 appearances 13 recordings 4 series first heard Jan 2026 last heard 13 Apr

Phil Stewart’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 13 in all, peaking in Apr 2026 with 4.

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Interrupted by Matt Jones · Episode 27 - Phil Stewart · 9 Jan 2026 podcast

And, and from folks that, that Reuters has talked to, you know, for the, the Venezuelan industry has really been plagued by, you know, uh, corruption and mismanagement.

And it will take a, it'll take a long time to fix all that.

If you bring an American company and they're going to want to rebuild everything, you know, that takes, that takes a lot of time.

So, you know, Reuters doesn't know.

I personally don't know exactly what that means, but we assume that that means they're talking about the nationalization of the oil industry.

that, you know, U.S.

companies used to be operating there and during the Hugo Chavez years, particularly, you know, between, you know, prior, in the early 2000s.

He really did take a lot of, he made a lot of efforts to bring the oil industry under state control and really make U.S.

companies either leave or become, you know, very... What did they take?

Well, they canceled contracts that the U.S.

companies had, told the companies that they either had to become, I think, essentially contractors or leave.

And I think a lot of the companies left.

So that's the history there.

I don't know.

I mean, you'd have to I mean, I have to go and talk to the folks at Exxon to see, you know, their equipment is still there and whether they were compensated for anything.

Yeah.

Um, I think that the companies are about to meet, uh, they're going to have a meeting at the white house and they're going to, they're going to, they're going to talk about it.

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, you

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