Nationalization of Industry

• Trump Vows to Make Venezuela Rich. It Will Take More Than U.S. Cash. - History suggests that the price of oil and a wider distribution of wealth are as important as foreign investment.
• Trump’s Plans for Venezuelan Oil Run Headlong Into Reality - President Trump’s fixation on Venezuela’s oil raises the question of how much “energy dominance” is really worth nowadays.
• Wary of Investing in Venezuela, Big Oil Heads to the White House - The amounts of money, time and political uncertainty trouble executives at large Western oil companies, who plan to meet with President Trump on Friday.
• Venezuela Braces for Economic Collapse From U.S. Blockade - Venezuela could lose the bulk of its export revenues this year if the U.S. blockade stays in place, according to internal government estimates, a scenario that would set off a humanitarian crisis.