As a Venezuelan I’d rather Guyana have it, the Venezuelan government officials will just pocket all of the profits and then blame the US sanctions when our people starve.

@namelessguy199

Ай бұрын

Resource curse

@LzyDumKid

Ай бұрын

😢

@OszieDe

Ай бұрын

IAs a Guyanese I appreciate what you would rather. But as a Guyanese, I would rather that our Venezuelan friends denounce this blatant bullying instigated by one man who is stirring up external trouble because of his failed local policies. Stirring up external trouble to gain local patriotic support so that the dictatorship remains in control.

@fujiwaranovari

Ай бұрын

​@@OszieDe Yeah, I completely get what you mean, this has been some kind of power move to try and regain support in our country since the 60s, but in reality we haven't controlled that territory ever in our history, the spanish did way before our independence and the dutch took it from them, Venezuela just inherited the claim for a territory dispute that was never theirs to make.

@danielcanizalez8127

Ай бұрын

Wrong

China just chillin with the 25% stake.

Oil you say? *FREEDOM SOUNDS INTENSIFIES* 🦅 🦅 🦅

@Hasanaljadid

Ай бұрын

Guyana already have freedom though

@b434y31

Ай бұрын

@@Hasanaljadid the joke is america tends to involve itself in our countries affairs wherever oil is involved/discovered under the pretense of “freeing” the local population

@Hasanaljadid

Ай бұрын

@@b434y31But Guyana is Not Iraq

@b434y31

Ай бұрын

@@Hasanaljadid it’s a joke jesus christ

@AdvocateOfJamaica

Ай бұрын

😂😂😂

Oil? South America? Corps? Sounds like the corporate wars

Just a heads-up - At 6:52, that logo you have for the SEC isn't for the Securities and Exchange Commission of the US government, it's for the Southeastern Conference of the NCAA. So I don't think they could do much about ExxonMobil. But if Chevron has a problem with Auburn or LSU, it might be able to do something.🤣

@WPaKFamily

Ай бұрын

lmao I was thinking the same thing

@Jabarten

Ай бұрын

Guess I wasn't the only one that noticed that flaw...LOOOOL!!!....🙃

@JimTheFly

Ай бұрын

@@WPaKFamily I legit was like "Did the coffee not kick in yet this morning, or is the government's SEC logo the one I'm thinking of?"

@WPaKFamily

Ай бұрын

@@JimTheFly 😂

*Freedom noises intensify

@Kirmo13

Ай бұрын

"freedom"

@Hasanaljadid

Ай бұрын

Guyana already has freedom though

@melon.

Ай бұрын

@@Kirmo13 yes.

@Tmb1112

Ай бұрын

@@Hasanaljadid and with Venezuela threatening to conquer it, Exxon is going to make sure that doesn’t happen

Guyana being the one needed to defend thanked to two major American companies... lol.

@NeostormXLMAX

Ай бұрын

wait till ukraine is found to have oil, the aid packages would tripple overnight

@justsaying4303

Ай бұрын

@@NeostormXLMAX Ukraine does have oil and natural gas in the black sea but don't quote me on it

@amazonwarrior7126

Ай бұрын

oh yes we are being exploited, exxon has given us a lollypop, and we are starving, what can we do? we are so hungry we have to eat grass.

@kevinethan5751

Ай бұрын

@@amazonwarrior7126damn

why do you even ask, you have the words america and oil in the same phrase.

Did someone say oil? 🇺🇸🦅🦅

@ameyas7726

Ай бұрын

Saying oil is easy...discovering oil and building the infrastructure costs billions that only about the top five economies can afford or the oil stays in the ground forever..

I’m sure the southeastern conference was very surprised when this complaint landed on their desk

It's Either between Venezuela or Oil Companies.

Oh gee, I wonder why....

Before any country works with an international oil company, they should check their environmental record. They should definitely check oil the ecological disasster that happened in Ecuador. A smalll country like Guyana would be destroyed if something like that happened to them.

@machscga6238

Ай бұрын

I'm from Alberta.... Any oil company is only as good as the local government

Interesting , Thank You

Oh boy here we go again

The quicker we move to renewable energy, the less relevant oil becomes.

@danieleverywhere132

Ай бұрын

oil is mostly not used as energy,but in countless chemical processes and can't be replaced unless you know how to fly on electricity or propel ship on anything other than oil less than 40% of oil is used in cars

@bobrong9645

Ай бұрын

​@@danieleverywhere132 Don't know about flying (yet?), but I'm pretty sure there are ways to propel ship on things that aren't oil.

@OM-bs7of

Ай бұрын

Oil is also used to make plastics, you do know that right? Tell me how solar panels can make plastics and im sold

@billrose2202

Ай бұрын

then lithium becomes the thing in demand

@santostv.

Ай бұрын

You will never be able to i “decoupled” from oil but you can reduce demand, especially if developing countries can leap frog

I do not know if exploration rights are the same as mineral rights or extraction rights.

0:14 southern Neighbour or eastern neighbour?

This is the plot of Tintin and the Broken Ear.

Chevron really should win this one, as I can't imagine HESS included right to first for the whole company when they made the deal with Exxon.

@zAlaska

Ай бұрын

Delve deeper into the horrific results of Chevron Texaco in Central America. They aren't going to follow American regulations in their operations there, and the regulations which they will follow are a blank page at this point.

@ItsAVolcano

Ай бұрын

@@zAlaska my initial comment is in no way an endorsement of Chevron, rather just looking at the nature of the lawsuit.

@ArturoGarzaID

25 күн бұрын

Chevron trying to sneak their way back in to Guyana after backing out. Now all of the sudden they want back in, but didn’t when they thought there was no oil.😆

So, it begins...

Of course

Democracy is kicking the door folks😂

I hope EVs get so much efficient and cheaper that oil loses its hold on the planet.

@chinguunerdenebadrakh7022

Ай бұрын

Airplanes are likely going to be the largest consumers of oil by 2050 actually and the upsetting part is there isn't a viable alternative fuel path for planes. They need fuel with high volumetric density to take up small space and batteries are decidedly not that.

@ArawnOfAnnwn

Ай бұрын

EVs are currently losing out to hybrids. Besides, oil is used for a lot more than just cars. And even among EVs, a lot of them are powered by oil or even coal, just indirectly.

@Deadjim17

Ай бұрын

It won't, ever. Oil/gas is used in everything, the world relies on petrochemicals for fertilization of crops, manufacturing materials, plastics. Everything you use in your life is either manufactured using or transported using oil.

@multienergico9299

Ай бұрын

​@@chinguunerdenebadrakh7022 hydrogen for medium distances and SAF for long distances seem to be the most promising at the moment, but we will see.

@multienergico9299

Ай бұрын

​@@Deadjim17It is true, but if consumption is reduced significantly, it won't be as valuable.

Oil companies and South America?Nothing totally bad happened there

I hate the fact that two big American companies are fighting over my country, and we cant even do nothing about it, and it doesn't seem the government cares either

@ThePCGamerTipsTricks

Ай бұрын

Would you prefer the oil companies not drill for oil? Leaving your nation with none of the billions of dollars a year.

@pixapel

Ай бұрын

@@ThePCGamerTipsTricks i would prefer them not to be fighting.

@Julez60

Ай бұрын

​@@ThePCGamerTipsTricks"would you prefer not to get resource raped by foreign powers" There, fixed that for you

@David-sl6xf

Ай бұрын

@@pixapel Would you prefer the U.S. just back off and let Maduro decide what happens to that oil?

@jermainesingh

Ай бұрын

Are you 12

What's going on with the New River Triangle? Isn't it currently under Guyanese administration?

@SheldonY14

Ай бұрын

You mean the Tigri triangle. It was annexed by Guyana from Suriname.

Commercial fights are par for the course.

The PSA gave only 50 per cent of profits not 60 as stated

As the daughter of a Guyanese mother, that pronunciation of Essequibo is so painful, I had to stop 10 seconds in. I won’t send it to her, I won’t hear the end of it otherwise. I hope this doesn’t go viral there, for your sake.

@sandygo9098

Ай бұрын

Google it... most people agree: Author's version is more correct. Just because because your mother is from there it doesn't make her version correct. 🤷‍♂️

0:14 southern neighbour?

Great day to own Exxon dividends regardless

So if we just wake up and claim all of Surinam you would stripe out Surinam?

Fighting over resources that does not belong to them!!!!!

Watching from Guyana 🇬🇾

@penguindiego

Ай бұрын

Quick hide the oil ... THE AMERICANS ARE COMING.!!

Your research and fact checking is still lacking. At 6:52, that logo you have for the SEC isn't for the Securities and Exchange Commission department of the US government, it's for the Southeastern Conference (college athletics). Like how'd you not get the logo from an official website?

The world is very commited to the cyberpunk timeline, i see.

Do you have an explanation why you give piece of Guyana to Suriname??

Looks like Guyana is about to get some good ol’ democracy and freedom sent its way in the form of a super carrier…

Neat

Those two oil majors must fight for the spoils of oil as after all the oil is almost free.

There's oil there? Let's give them freedom!!!!

And they say paper straws can fix the climate issue. Lol

Let them fight

Exxon isn't Guyana. Companies dont realize that the 2020's are the years where getting too big hurts buisness. Theres been a bubble waiting to burst since WW2

@jakeroper1096

Ай бұрын

Too big hurts business? Apple Microsoft and nvidia would like a word

The curse of oil ? is saving Guyana from Venzuevela's imperilist over-reach. Also this means for average Guyanan standard of living should increase several fold, unless corruption has its way

@shafsteryellow

Ай бұрын

Venezuela is not being imperialist

@ArawnOfAnnwn

Ай бұрын

Lol you think western companies wanting their oil is gonna help the average Guyanan? Have you checked how well that's worked in the past lol? The only way to do it right is how the ME and Norway went about it - take control of your own oil and keep all the profits internally (and hopefully share them with the populace). Of course when Iran tried to do that, the Brits and Americans deposed their PM in favor of a puppet - who was so unpopular that it led to a massive public uprising.

@smalltime0

Ай бұрын

The average Guyanese is fairly well off for Latin American standards. Its a bit middle of the road corruption-wise, but I suspect a bunch of its new-found wealth is going to be spent on defence.

@holysword876

Ай бұрын

The curse of oil has already negatively affected Guyana. The only reason Venezuela is even thinking of taking over Guyana is entirely due to oil. There is almost no reason to bother invading Guyana otherwise. And the issue with the 'curse of oil' doesnt happen when its first discovered, its what the country does with it long term. Very few countries have successfully overcome this, and those few countries either have a very solid government that already has very little corruption, or just has so much oil/gas money per citizen that they really cant 'lose'.

@ArawnOfAnnwn

Ай бұрын

Lol you think western companies wanting their oil is gonna help the average Guyanan? Have you checked how well that's worked in the past lol? The only way to do it right is how the ME and Norway went about it - take control of your own oil and keep all the profits internally (and hopefully share them with the populace).

for u to no sir exxon do not pay any tax to guyana i live in guyana

Oil sang can you see, by the duanterly light, what so proudly we hail, were so galantly drilling

Is the short answer just "money"?

American here. 100% team Chevron.

Guyana got 50% of the profit not 60%.

They have to fight for the oil cause when their $ collapse they are trying to full their pockets. Guyanese are always in a dream

Make a video about GME

How many understand petrol keep the dollars propped up for decades and they control other with the actuall recourse and pricing it too

Uh ohh it sounds like Guyana needs some freedom down there

❤❤❤

So is it better to let Venezuela have the oil field or the US company to have it instead?

GME is rising again maybe make a video about this volatile stock or what meme stocks are

Use public transport, bikes and EVs.

Our average monthly wage is around 600-800 This is from citizen perspective not a statistical one

@santostv.

Ай бұрын

Not that bad actually, in my country is 1400€

It's worth getting an EV just to know that you have nothing to do with these corrupt planet damaging politicians and corporations... I am f-ing loving it.

@KelticStingray

Ай бұрын

Mining...

Smells like a civil war

@Hasanaljadid

Ай бұрын

Nit possible in Guyana It's very Tiny population

@Pmooli

Ай бұрын

​@@Hasanaljadidi was shocked when i realised they have a healthy number of muslims to do that thing they do

@pixapel

Ай бұрын

@@Hasanaljadid we had a civil war before, but to be fair the opposing side was backed by Venezuela.

0:13 what is the disputed territory in the south east of Guysna

@ASwordTurtle

Ай бұрын

The Courantyne River triangle, which is disputed with Suriname. The border was defined as the Courantyne river, but the source of the river was incorrect when the border was decided. The area was awarded to Britain, in the same tribunal that essiquibo was. However, the Dutch, and then Suriname still dispute the border. Although it is currently controlled by Guyana.

@smalltime0

Ай бұрын

Tigri boundary. Basically Britain and the Netherlands entered negotiations to decide where the border would be before Guyana and Suriname became independent, insisting it be resolved before independence was granted, decided that that sounded way too boring and granted independence anyway. Luckily part of the boundary that they agreed on is a river system, which as we all know never leads to any sort of issue /s

Please show Guyana international officially recognized border…why are you showing part of Guyana in Suriname?

Supermajor is such a stupid sounding term for a company. It sounds like a sportsball league. 😂

This companies wrecked my country of Ecuador

Guyana destined to be a developed country soon. Happy for Guyana.

American companies fighting over something like it's a toy is the entire history of Latin America in the last century.

@DaveP-uv1ml

Ай бұрын

You’re doing yourself a huge disservice if you think that’s all the history is about. It didn’t start and it won’t end with the Americans. They will certainly have a big part of that both for better and for worse.

Who needs oil in the age of EVs?

@skp8748

Ай бұрын

You're kidding right?

@dimamatat5548

Ай бұрын

@@skp8748 No. EVs were not made for nothing.

For a second I thought it said Armenia.

Namíbia will be the next battle

Guyana should nationalize its oil resources and establish a sovereign wealth fund, just as Norway did in the 1950s. Private oil companies are exploiting Guyana, and the country has not yet benefited from the oil boom. Moreover, the new sources of income should be invested wisely, particularly in the military, as Venezuela is becoming increasingly aggressive and may attempt to attack.

@richardparadox163

Ай бұрын

Guyana did establish a sovereign wealth fund and are currently investing in infrastructure projects. Guyana can’t nationalize as it literally lacks the technical expertise and financial resources necessary. And we’ve seen how well nationalization worked in Venezuela

@santostv.

Ай бұрын

They probably have the same problem as most poor countries, they have the materials but can’t do anything with them to create high value products and that’s where we come into action.

@TheMasterTeddy

Ай бұрын

@@santostv. Guyana could take out a loan from the IMF or the World Bank, similar to how Qatar financed its LNG gas production.

@jermainesingh

Ай бұрын

Relax bro leave it to the experts​@@TheMasterTeddy

You have the craziest background noise going on in this video. Ugh

Let me guess, is it because of oil?

@nntflow7058

Ай бұрын

They're Oil Companies, do'h!

@DaveP-uv1ml

Ай бұрын

And if you are European, and you don’t think this affects you, well it does, the price per barrel affects you too in your own nation. If it goes goes to Venezuela, it will hit the market very much under OPECs influence. So if you’re not enthusiast about the Americans getting this well considered the alternative. Because it’s going to be one of those.

build a wall?

To the president of Guyana we need good drinking water and better living conditions

USA: "We will defend Guyana from any foreign aggression, Venezuela absolutely shouldn't attack it" Guyana: "Oh how great! Finally someone stands up for human rights!" USA: "Yeah, human rights.... sure, let's go with that"

@etrs

Ай бұрын

America bad, so brave! *slurps chocolate soylent*

@nntflow7058

Ай бұрын

Venezuela: "We want to invade Guyana!" Communists: "US bad"

@PeterPeter-pr2hi

Ай бұрын

I am definitely not a communist lol, just wanted to point out how business interests dominate the world (which should be obvious, but governments still tend to say that they are doing things for "freedom and democracy", or in the case of anti-Western countries, "fighting the exploiting, capitalist West", while these are just excuses).

@alvaromachado1388

Ай бұрын

​@@nntflow7058Guyana invaded venezuela during the independence wars when it was a British colony If anything we would be taking our land back but yeah as if the socialists would do something good with it, I'd rather not recover it than leave maduro to plunder it

@pixapel

Ай бұрын

@@alvaromachado1388 that was Britain that invaded, not us.

Bad idea letting Americans get involved, all the profits will get syphoned off and the average family won’t see any benefit

Great content! Thanks. I'm Guyanese. We are the most weird, interesting, small, unknown country there is :) Oil just makes it more interesting

What research did you do to come to the conclusion that the lower left section of Guyana’s map belongs to Suriname? Because all them maps that you’ve used in this video shows an inaccurate map of Guyana.

@SheldonY14

Ай бұрын

Guyana attacked Suriname and annexed the area in 1969. They never respected the agreement to demilitarize.

Humanity: "Global warming who??"

Welcome to America kids. This is capitalism with gun in your month.

@Ralphieboy

Ай бұрын

and it has f*ck all to do with anything we understand as a "free market"

@meretricioussimp7759

Ай бұрын

so just capitalism

@jmatt98

Ай бұрын

The government is getting millions of dollars. No way they can extract the oil themselves.

@HIHIHJIHIHIH

Ай бұрын

If they so hate it then they can fend for them selves from Venezuela

@macosx10.7lion4

Ай бұрын

Hint: it's not the US that's attacking

Esequibo belongs to Venezuela, sooner or later

Neocolonialism.

Why is Venezuela, want to war with Guyana over oil,

There is likely also heaps of natural gas in the Guyanese deep interior. The indigenous peoples used to call the bubbling pits a Dutchman's grave or some such thing. Complete inaccessibility in the unforgiving jungle, low NG prices and the distraction of looking for gold made everyone lose interest in any gas deposits. It might be worth looking into it now.

Climate change? What climate change?

@pixapel

Ай бұрын

Guyana's plan is simply to extract the oil and use the money to invest into more greener energy, as well as maintaining the amazon that takes up about 80% of the country.

If they extract all the oil by 2050, then they might still meet the target of "carbon neutral by 2050".

It's better for Guyana to just keep the oil under ground and never let it get out

After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!

@patchey

Ай бұрын

I'm 37 and have been looking for ways to be successful, please how??

@Terrmorgann

Ай бұрын

In times like this you need a good expert like Claudia Vechi Nesse to help you get through.

@patchey

Ай бұрын

😱Sounds familiar, I have heard her name on several occasions.. and both her success stories in the Wall Street journal!!!(

@Terrmorgann

Ай бұрын

The economic hardship, recession, unemployment and the loss of job caused by covid pandemic is enough to push people into financial ventures.

@Terrmorgann

Ай бұрын

Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders

But really you journalists on KZread believe the lies told by yourselves. The situation of this business is much messier than you make it

Why ? But this is Great for Guyana increases the chance they will get a great deal that will benefit the people.

Random country: "Omg. I found oil" America: "And soon you will find freedom"

The tigri region that’s claimed by Surinam is under Guyana government control. And hence the map used for Guyana the south west area is incorrect

is this civil war?

Literally Sauron and Voldemort throwing it down for Guyana.

@comprehensivecow6679

Ай бұрын

Best analogy yet😂

Chavistas have been in power since 1998. I dont see oil-wealth trickling down. Just like before it has stagnated with Ruling Class. Venzuevela is a rich country in terms of oil revenue. Its the largest producer of oil at 303 million barrels per day. Same as before, I dont see oil wealth trickling down in hands of ordinary Venzuvelans.

@Timekeeper20239

Ай бұрын

Oil wealth doesn't trickle down in the USA either. In fact, they are given loads of tax subsidies and loop holes, and a much lower tax rate than the average citizen. It seems those with power and money don't like to see the people thrive.

I smell WMD from Guyana

"Oil, who said something about oil, are you cooking?" - Black Bush

How dare Venezuela threaten to annex western Guyana! They should be more civilized, like France.. who took French Guyana by colonization instead!

@Adsper2000

Ай бұрын

Wait till you see the genetic records of Venezuelans (hint: most of it is European).