Rob

I think this was where they had last end of last week.

They had four reporters in the Oval Office and he just, you know, went mano a mano with the New York Times and they're trying to corner him.

What they're trying to get him to say is, oh, we'll be out in six months so that The New York Times can put that off to the side.

And six months from now, say you said you'd be out in six months.

You said this would be over.

It's a gotcha question.

And the president merely said we will rebuild it in a profitable way, profitable for us, for the investor and good for the Venezuelan people.

He's been very clear about it.

And this was a broad interview of a lot of things going on in Venezuela.

And he just said, I would say much longer because they said three months, six months, a year longer.

He says, I said much longer.

Could that be two years?

I don't know.

But the president didn't want to be cornered.

But the president wanted to be clear that our presence, maybe not our management, but our presence rebuilding and working with the oil companies would be longer.

he's talking to the oil companies about making direct investment and i can talk about this okay pat sure about he's talking to oil companies and saying hey make direct investment in venezuela they have heavy crude there's different types of pipelines different types of things we need to get let's make direct investment there and the oil companies say well i don't know if it's investable

The code word for that is I want you, the president, to guarantee that the American taxpayer will be the backup if the loans go bad, like if things go crazy.

So that's a little disingenuous by the oil companies because they invest internationally all the time.

Why is Chevron the one oil company with giant investment in Venezuela?

Because they thought it was investable and they've got an awful lot there.