Terry Carl

Sorry, this is wild.

So this is wild.

It's a wild time, right?

His lover used to wear a gold chain around her neck with a huge gold derrick, you know, in her cleavage.

I said, okay, so what would you have me study?

And he said, study what oil is doing to us in Venezuela.

Es el excremento del diablo, which means it's the devil's excrement.

Oh, yeah.

And I just went, what are you talking about?

And I couldn't get his phrase out of my mind.

So I kept going back and I started to see Venezuela as he saw it.

They were using it as sort of the goose that laid the golden eggs, but they were slowly killing the goose.

The money is flowing, but not necessarily where they say it is.

For example, there's an area of Venezuela that floods six months out of the year and that

Then all the waters recede and it's desert.

I actually went by horseback to that area and I got out there and there was absolutely nothing there.

Nothing.

Not the beginning of infrastructure, not anybody measuring anything, nothing.

Just nothing.

So I don't know where that contract money went, but I know it didn't go to where it was supposed to.