A former PDVSA executive, Evanan Romero, asserts that ex-President Trump’s plan for Venezuela’s economic recovery is failing. The core issue is a lack of legal certainty and a scarcity of genuine private investment, effectively paralyzing the nation’s oil industry. PDVSA, the state-owned oil company, is reportedly attempting to control 60% of production without contributing any capital. This control hinders necessary revitalization efforts. Romero’s warning highlights the difficulties in reviving the Venezuelan economy without addressing these fundamental shortcomings. The absence of foreign investment and a stable legal framework are major obstacles to progress, casting doubt on the plan's viability. The situation raises concerns about the future of Venezuela’s crucial oil sector.