Exxon CEO Darren Woods called Venezuela “uninvestable” at present and others expressed caution in response to the president’s overtures to pour billions of dollars into the country.By Dennis PillionPresident Donald Trump’s meeting with oil industry executives was high on praise for Trump and his actions in Venezuela, but low on commitments from U.S. oil majors to invest the billions of dollars it would take to revive the country’s foundering oil industry.
Observations from the Little Bunker
Last updated: January 11, 2026 04:39 AM
Atmospheric CO₂
428.8 ppm
+18.2
ppm/year
Atmospheric CH₄
1940.59 ppb
+-0.24
ppb/year
Global Temperature
+1.48 °C
Peak: +1.73°C
World Population
8.1 billion
+67
million/year