288
US oil giants silent on Trump claim they will spend billions on Venezuelan oil industry
(www.theguardian.com)
this post was submitted on 04 Jan 2026
288 points (99.0% liked)
News
33972 readers
2487 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I wonder if there are any investors in oil companies on Lemmy at all tbh
Like I've got a decent portfolio of investments, but I will never directly invest in oil (or military). Given the demographics here, I wonder if I'm a pretty typical investor or not
No that's typical. The vast majority of investors do, or at least should, invest in ETFs and mutual funds instead of individual stocks. And on Lemmy, most people would not choose one of those companies.
I probably have money invested in them because I haven't evaluated moving my investments into activist funds.
While all ESG funds are imperfect (they almost all invest in tech bro corporations), I can at least suggest Vanguard's ESGV fund, which is almost entirely devoid of fossil fuel companies, as verified by Fossilfreefunds.org (they're down rn, unfortunately).
It's nearly impossible in Canada to have investments in an ETF without oil exposure. I still have money in VGRO for instance.
All my investments in energy and utilities are in renewable sector. It's been doing well so far, if I do say so myself. To my knowledge, the companies I invested in are pretty ethical. I mean, green renewables are seen as the saviour and good guys industry compared to oil and gas.
Same