Lol I mean in theory they did Nationalize and take oil from US companies who developed the oil fields for them. Chavez especially nuked the country when he nationalized newer projects and used PDVSA as a piggy bank to fund his programs not letting the company to reinvest thus brining their fields and stations into the utter disrepair they are in today.
Ehhhh when your companies spend $5 billion to build your industry and then in the 90s do so again only to get the fields and production seized again there is a reason why Venezuela is the way it is now
Lol I mean in theory they did Nationalize and take oil from US companies who developed the oil fields for them. Chavez especially nuked the country when he nationalized newer projects and used PDVSA as a piggy bank to fund his programs not letting the company to reinvest thus brining their fields and stations into the utter disrepair they are in today.