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11.11.26 - 01:57
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Rand Paul Slams Texas Governor-Elect′s ′Venezuelan Socialist′ Plan To Freeze Electricity Rates (ZeroHedge)
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Rand Paul Slams Texas Governor-Elect's 'Venezuelan Socialist' Plan To Freeze Electricity Rates
Sen. Rand Paul (R-KY) took aim at Texas Gov.-elect Gina Hinojosa on Tuesday over her pledge to freeze electricity rates on her first day in office, calling it a move "out of the Venezuelan socialist playbook."Nothing like your first act being out of the Venezuelan socialist playbook . . . This will not end well. https://t.co/XrEnm2Vlcz— Rand Paul (@RandPaul) November 10, 2026"This will not end well," Paul wrote, linking to a Fox News report on whether Hinojosa has the legal authority to do it. The post passed 750,000 views within hours.Hinojosa, the Austin Democrat who unseated Abbott on Nov. 3, says she will act as soon as she is sworn in on Jan. 19. "Within an hour of taking the oath of office, I will declare a high-cost emergency in the state of Texas and issue an emergency executive order to: one, suspend the gas and diesel tax; and two, freeze electricity rates...
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10.11.26 - 18:01
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Exxon moves toward return to Venezuela (The Hill)
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Oil giant ExxonMobil has taken a major step toward returning to produce oil in Venezuela. The firm has signed a memorandum of understanding with the South American nation to evaluate opportunities for drilling there. “We welcome the opportunity to evaluate potential upstream opportunities with the Venezuelan government and PDVSA,” said a spokesperson for the firm,......
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05.11.26 - 04:18
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Questions Mount Over Venezuela′s ′Biggest Oil Deal In World History′ (ZeroHedge)
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Questions Mount Over Venezuela's 'Biggest Oil Deal In World History'
Authored by Charles Kennedy via OilPrice,Trump's $100 billion Venezuela oil deal faces growing scrutiny, as NABEP confronts questions over financing, drilling capacity and its ability to develop 65 billion barrels of reserves.NABEP claims production has surged to 223,000 bpd, with plans to deploy 41 rigs in November and eventually exceed 1 million bpd.Venezuela's oil revival is attracting major international players, including Chevron, Eni, BP and Continental Resources, despite persistent investment and operational challenges."The biggest oil deal in world history" between the Trump Administration and North American Blue Energy Partners may not live up to the hype as the privately held and previously little-known company could face steep challenges in developing Venezuela's huge oil resources, Reuters reported, citing more than a dozen oil workers, contractors, and experts from the industry.Following the captu...
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