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   Trump says that American oil giants will invest billions in Venezuela. The   
   signals the CEOs are sending are quite different. They aren't eager to take   
   enormous financial risks, even though 78% of Venezuela's oil is already under   
   contract with China.   
      
   Trump can say that contracts are worthless, but these companies don't want to   
   risk losing contracts elsewhere in the world because they don't honor existing   
   ones.   
      
   Moreover, the question remains what kind of government will emerge in   
   Venezuela. Will it be stable enough to make investments sufficiently safe?   
      
   At the moment, the US has absolutely no say in Venezuela. The US can bomb as   
   much as it wants, but that doesn't mean you have that country under control.   
      
   While Trump may be naive, the CEOs of these companies certainly aren't. They   
   are, however, afraid of Trump's whims.   
      
      
    .   
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