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@brigrammer @Humpleupagus @Oven_Operators_LU_88 @Some_German_Guy Chavez worked with the oil-companies to keep things functional. When the West would try a coup, etc, he would increase the nation's cut of the oil proceeds. Under Maduro, the full "sanctions" bit went into high-gear, because the bus-driver didn't have Chavez's "aura" / popularity.

The oil companies could have kept using their in-place infrastructure, and continued making money - just as they could have in Iran under Mossadegh in Iran (who only wanted the same 50% cut the Saudis got). But, they refused to recognize that the stuff they were taking out of the ground was not put their by their grandfathers as their personal savings.

Much as we need to trash laws which allow mass-immigration, faggot-marriage, etc - put in place by traitors - nations, including our own, should absolutely nationalize the natural-wealth no one made/earned, and distribute the royalties from its sale to the folk. Of course, those getting the resources for pennies-on-the-dollar as-is, by paying off politicians, are going to call that "communism" - but screw them.

Ideally, the infrastructure would be privately developed / operated for-profit - preferably using a competitive-bidding system. I am open to suggestions how to prevent corruption in that process, so it is NOT like the corrupt USA-MIC's system.