In contrast to my previous post, this author says #Venezuela #oil #wells have been #neglected for #years. However, he #agrees that there is relatively #little #demand for that #heavy #oil
(#Canada is already #supplying the need for such, with its #tarsands #mining and its enlarged #pipeline.)
https://insights.som.yale.edu/insights/oil-isnt-the-real-reason-behind-the-venezuela-operation

Oil Isn’t the Real Reason Behind the Venezuela Operation
The oil industry is in the midst of a supply gut, producing millions of barrels per day above demand. Prices are low and major companies in the sector are contracting. According to Prof. Jeffrey Sonnenfeld, these economic facts undercut President Trump’s intimations of an oil bonanza in Venezuela.

