MADURO SO FAR DEFIES ODDS IN U.S. REGIME CHANGE EFFORT | OILPRICE.COM | WHAT REALLY HAPPENED

MADURO SO FAR DEFIES ODDS IN U.S. REGIME CHANGE EFFORT | OILPRICE.COM

Venezuela is scrambling to find buyers for its oil, hoping to keep revenue streams alive even as Maduro loses control of Citgo.

The U.S.-based subsidiary of PDVSA officially severed ties with its parent company in order to comply with U.S. sanctions, according to Reuters. The American government is trying to shift control of Citgo into the hands of Venezuelan opposition leader Juan Guaidó. Citgo has stopped sending payments to PDVSA, and Gauidó has appointed a new board to the company. Some Venezuelan employees working at Citgo in the U.S. returned back to Caracas.

Citgo is one of the major prizes that the U.S. has tried to wrestle away from Maduro as part of the American regime change campaign in Venezuela. Citgo is the eight largest refiner in the U.S. at 750,000 bpd, and it owns pipelines and retail gasoline stations. The company is a key source of revenue for the Venezuelan government.

Webmaster's Commentary: 

The operative words in the title of this articles are "so far".

Abrams (and the warhawks) are in this for the long game, and complete control over Venezuela's oil.

Yesterday, Guido announced that he would be coming back to Venezuela in the near future, and encouraged supporters to demonstrate, to create a lot of "noise" against Maduros, so that his homecoming could be drowned out by it.

I am very sure that he has a very specific set of "instructions" from one, or more, of the US's "Alphabet Soup" agencies as to how and when to accomplish this goal.

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