Donald Trump has said Venezuela will be “turning over” 30 to 50m barrels of sanctioned oil to the US, as the South American country seeks to avoid deep cuts in output amid an ongoing blockade on exports imposed by Washington since mid-December.
“This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!” Trump said in a post online.
Venezuela has millions of barrels of oil loaded on tankers and in storage tanks that it has been unable to ship due to the blockade imposed by Trump, as part of the pressure campaign that culminated in the toppling of Nicolás Maduro who was seized from his country by US forces over the weekend.
“I have asked Energy Secretary Chris Wright to execute this plan, immediately,” Trump said, adding that the oil would be “taken by storage ships, and brought directly to unloading docks in the United States.”
Yeah, sure. He can say a lot of things.
“Trump says”
Bullshit confirmed.
Not to mention that while the oil will be sold at market price, Venezuelans will be at the mercy of asshole-in-chief as he’ll control “when” they get to spend it, and only on 'murican goods
This sounds like a lot of oil, but it’s actually not that much. The U.S. strategic oil reserve is about 44 billion barrels, and they distribute more than 5 million barrels per day.
So stumbling on 50 million barrels is about 10 days worth of crude oil distribution. It will barely make a dent in gas prices at the pump.
Regardless, this is blatantly corrupt activity. Trump intends to profit personally off of stolen Venezuelan oil.
Oh nah, they’re selling it at market rate, but the money goes into a PERSONAL ACCOUNT FOR TRUMP. Not into a government fund.
Dude just extorted about 2 billion bucks for himself, with more on the way if he keeps seizing tankers.
The current output of Venezuela less than 1 million a day. Even at their peak it was 3 million a day. Which will probably take a decade to get back to those numbers. This whole thing has nothing to do with their production and how much they will “give” the US. It’s about controlling the largest oil reserve on the planet they are sitting on.
My first search was how much we used a day, and it came out to be 2-3 days. I’m sure it won’t be the last seizure we see, it’s going to be a rough year again
It’s approximately a tanker’s worth, I presume…
“By me”. Not by the government, not by the USA but BY HIM. God that says it all
I’m having a hard time describing what this is, because it legitimately feels like piracy. Like privateers are after my barley and cane sugar.
Just good old fashioned colonialism like the brits intended
This is a stick-up
Cool, so now he’s just stealing other country’s stuff. Got it.
and some americans think it’s fine because they wanted the oil and now they have it. literally that’s it, I wanted it and now I have it and therefore everything about this is good and ok.
The great thing is that clearly we already have oil: https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M
And that burning dino juice should drop in mid to long term from here out and not be the boom economic effect anyone thinks it is.
Heb genuinely, literally, wholly thinks he is a god.
This man would try to conquer the galaxy if he had the means. He is deranged and his hubris and greed know no fucking end
I would gladly pay my two cents in a crowdfunding to send him on his way in a rocket out to nowhere…
Oh absolutely. He is just the poster child for it.
God. I wish
the us has been like this for long.
It is only hubris if he gets an eagle to eat his liver or something. The sad fact is that we as a global species and community are too disorganized to stop the fucker. We are not eagles, we are poultry running around in the hen house, feathers everywhere. While the that senile fox kills at leisure. We could stop him. At a price granted, but that would mean we would have give a common response. If only there was a global organization, where we could organize that. Or even a global infrastructure. But I am just a sad old fowl dreaming. In the meanwhile the senile fox has realized my country too has oil :/
Sweet! All of two days of US consumption. This was definitely worth violating another country’s sovereignty and murdering a couple hundred people.
This is just an appetizer
After the rape comes the plunder
So Trump, the man who’s declared bankruptcy multiple times, is gonna take care of the money from sales of Venezuelan oil.
Jfc. :(
This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America
This whole thing has been fairly confusing until you pointed this out. He’s been finagling his way through an absence of personal money. Now he has a huge fund to pull from. He invaded a country for oil, which isn’t unheard of, but essentially blackmailing another country to enrich the office of the president that he’s manning, that’s a very Reagan move. Also a very CIA move.
Edit: just mathed and it’s 1.7 billion dollars to singularly play with, minus tax. Even worse times potentially coming
Oh and the profits go directly to Trump huh? That’s fun.
Huge surprise there. Im only mildly surprised he said it out loud.
And Europe will sanction USA oil as theft and illegal. /s
50 million SOUNDS like a lot, but the US consumes 20 million a day:
https://www.eia.gov/tools/faqs/faq.php?id=33&t=6
So ooooh! A weekends worth! 😉
And all it cost was global destabilization
There are plenty of human lives as well
Pirates of Penzance, but the Pirate King and the Modern Major General are running the government. Lose the empathy, but keep the ineptitude.
