Nationalization never worked out well in Latin America. There are numerous examples. But the Latin American leaders only care about their vote banks and political future. And that is the reason for all this chaos and anarchy.
You are saying stuff that has nothing to do with the reality we are living here....
Since 1970, the "Chacal" was making deals with sirian comunist leaders, since 1980 he started funding Hugo rafael Chavez MVR 200 political party, that political party also share their idiology with the Popular Front for the Liberation of Palestine (PFLP), both were communist parties... That funding was due narcotics being dealed at the Venezuelan border with the help of the Venezuelan military and Revolutionary Armed Forces of Colombia—People's Army(FARC) all that was happening with the help of the Castros...
To make the history short, they did what Pablo Escobar wanted to do... Take over a country so it can be used as a company to blank all the money that drugs, weapons, people, sex slaves, organs and who knows what more make them.
It has nothing to do with oil nor politics...
This is the paradise for illicit commerce and activities... We desperatly need and militart intervention from an Army capable of hurting this druglords