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Energy Win: Venezuela Has the Biggest Global Oil Reserves, and the U.S. Is Now in Charge

The nation of Venezuela is estimated to have the largest oil reserves in the entire world, and Donald Trump announced today that the United States not only captured Venezuela’s dictator, it will be taking over the country’s oil infrastructure.

The swift and sudden collapse of the Maduro regime is a massive punch to the nose for China, Russia, Iran, and all of our most violent enemies. But more practically for millions of Americans, it could also have a huge impact on our global energy dominance and gas prices. And that also, of course, is a source of concern to our enemies.


Trump is backing regime change in oil-rich Venezuela. Canada, beware

Donald Trump doesn’t want Canada’s aluminum, steel, lumber or cars. Could oil emerge next on this tariff-fuelled northern hate list? It might if he can find substitute supplies. How about Venezuela’s? Going after Venezuela’s alleged narco-traffickers alone does not justify the formidable U.S. military buildup off the country’s waters; going after its oil might.

The biggest U.S. armada assembled since the 1991 Gulf War is steaming off Venezuela’s coast. The array of weapons in the southern Caribbean and on nearby military bases includes the USS Gerald R. Ford, the world’s largest aircraft carrier, guided-missile destroyers, amphibious assault ships and – ominously – equipment, including Osprey tilt-rotor aircraft, that is used by elite special forces. Various reports say those forces might include soldiers trained in risky infiltration missions, seizing airfields among them.

h/y Patti Jo

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