tyb
Recent picture from Venezuela, the most wealthy country in South America before socialism
https://twitter.com/isonmayu/status/1298447104956932097
It doesn't work that way.
Oil companies compete and just get a few dollar for pumping up a barrel of easy to grind middle east oil
Governments tend to provide 20 to 30 dollar per barrel for offshore oil, the rest goes to the state (people)