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Many people have an ingrained impression: Saudi Arabia = the world's most oil-rich country.
But if we look at a more hardcore indicator—
👉 Proven Reserves
The first is not Saudi Arabia, but Venezuela.
Venezuela: approximately 3,030 billion barrels
Saudi Arabia: approximately 2,670 billion barrels
The true "world's largest oil reserve" is actually in South America.
So here’s the question:
Why hasn’t #委内瑞拉 become the second Saudi Arabia?
The answer is simple:
Oil is good oil, but extremely difficult to extract.
1️⃣ Oil is too "heavy," hard to drill
Venezuela’s reserves are largely heavy oil / ultra-heavy oil:
Viscosity close to asphalt
Cannot rely on formation pressure to "spout out" like Saudi Arabia
Must be heated + diluted + upgraded to become flowable crude oil
Essentially, this is not "oil drilling," but chemical engineering.
2️⃣ Very high costs, the more you drill when oil prices are low, the more loss
Because it’s ultra-heavy oil:
High extraction costs
Strong dependence on capital, technology, and diluents
During periods of low oil prices,
Venezuela’s cost to extract one barrel of oil may even exceed the selling price.
3️⃣ During Maduro’s era, the difficulty was pushed to hellish levels
Under Maduro’s rule, the problems were further amplified:
State oil company PDVSA suffered long-term neglect
Large-scale loss of technical personnel
Under US sanctions, unable to buy key diluents
Unable to export to US refineries, cash flow broke down
Thus, an absurd reality emerged:
👉 holds the number one global oil reserves, yet has no capacity to sell the oil.
So what does Trump really want to do this time?
If you only see "sanctions," "drugs," "democratic narrative," that’s just the surface.
The real intention behind the scenes is:
👉 Regime change + strong intervention
👉 Introducing Western oil giants (ExxonMobil, etc.)
👉 Using American capital + technology + industry chain
👉 Unlocking these over 3,000 billion barrels of ultra-heavy oil
If this succeeds, what does it mean?
Once Venezuelan oil can be scaled and efficiently pushed onto the international market:
The global crude oil supply structure will be reshaped
The Middle East (OPEC)’s control over oil prices will be significantly weakened
The energy geopolitical landscape will be directly rewritten
This isn’t about "attacking a country,"
It’s about fighting for control of the world’s largest oil reserve.
To sum up in one sentence:
Venezuela isn’t out of oil,
It’s just that there’s too much, too difficult, and too valuable.
This lightning-fast military operation,
On the surface political,
Underlying energy,
Essentially—redistribution of global oil hegemony.
The real game has just begun.