KDAZ Digital Broadcasting
All Romeo St.Pierre Production LLC Videos, Graphics, Music, and Sound Effects are licensed through our company’s StoryBlocks Account. The radio station offers a mix of decades of popular music, We also offer Weird News stories, Chicken Man, The Story Lady, and other comic radio series from the past. Listen with your media player using this URL https://streaming.live365.com/a90407. Thanks for Listening! Telegram App @KDAZDB Follow Us On Our MeWe Page https://mewe.com/desertradioaz3/feed
The Left calls this “war” while ignoring the facts: Trump's precision strike captured a narco-dictator indicted for flooding America with fentanyl & cocaine — no U.S. casualties, no occupation announced. This stops poison killing our kids & restores stability in our hemisphere. That's decisive leadership, not corruption. While it’s true that under international law, sovereign states have permanent sovereignty over their natural resources (as affirmed in UN resolutions like 1803 of 1962), that principle doesn’t exist in a vacuum.Venezuela’s oil is indeed Venezuelan, but the history is more complicated than simple ownership. For decades, Venezuela actively invited and signed contracts with foreign companies—including many American ones—to develop, extract, and export its oil. Those agreements were entered into voluntarily by successive Venezuelan governments, provided legal certainty, and generated enormous revenue for the country. The oil wasn’t “taken”; it was developed through mutually agreed-upon commercial arrangements.The real issue arose when the Chávez and Maduro governments unilaterally changed the terms of those contracts, dramatically increased royalties and taxes retroactively, forced foreign companies into minority positions with PDVSA, and in many cases nationalized assets without payment of fair, prompt, and effective compensation—precisely the standard required under international law for lawful expropriation. Multiple international arbitration tribunals (ICSID and others) have ruled that these actions constituted unlawful expropriations and breaches of bilateral investment treaties.So yes—Venezuela owns its oil. But when a sovereign state signs binding contracts, invites foreign investment under specific terms, and then later tears up those agreements while refusing to provide compensation, many in the international business and legal community view that conduct as confiscation, not merely the exercise of sovereign rights.Both principles are true at the same time: states have sovereignty over resources, and states are bound by the treaties and contracts they voluntarily enter into. The problem isn’t Venezuela’s ownership of the oil. The problem is the way the current government has repeatedly disregarded its own prior legal commitments. That behavior—not the ownership itself—is what destroyed trust, drove out investment, collapsed production, and brought so much suffering to the Venezuelan people.
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