The Trump administration plans to control future sales of Venezuelan oil and hold the proceeds in US accounts, Energy Secretary Chris Wright said, making the clearest statement yet on Washington’s strategy to bring the impoverished nation’s crude to market and manage its most valuable resource. Wright, who spoke at a Goldman Sachs Group Inc. conference in Miami Wednesday, said initially the barrels would come from crude Venezuela is holding in storage, which has been filling up amid the US blockade and threatening to force some production off line. “We’re just going to get that crude moving again and sell it,” Wright said.
What most people fail to see, is that this has less to do with oil (not entirely, but less than I think most realize) and more to do with a failing “free-market” US strategy & trying to assert the capitalist oligarchy. What do neocons fear the most? Socialist-democratic countries succeeding. Also, let’s not forget that almost no one is talking about Epstein now.
In all fairness, however any sane person defines “succeeding”, Venezuela was doing the opposite of that. Cuba is both much more successful and much closer to the USA. This was mainly about distracting from the Trump-Epstein Scandal and in second place about oil.
Venezuela was doing substantially better the last couple of years, and the sanctions do have a significant impact on their economic stability. Is it really fair to criticize someone for not being very successful when you go out of your way to steal their money & prevent them from making it?
Cuba has to deal with worse sanctions and has always done better than Venezuela ever since Chávez took control, but especially under Maduro. Ideology aside, Maduro is neither well-intentioned nor competent. Any regime with him at the head would do poorly, no matter if it were socialist, capitalist, liberal, authoritarian, democratic, a theocracy or anything else, and regardless of sanctions.
It is 100% about securing the oil before further expansion. The US isn’t going to fuck up like Hitler did. This regime eventually wants all of North America and most of South and Central America.
The threatened captive market is how I’ve described it before. We after all have never had a free market. We have a captive market and if someone makes a move to threaten it, rules and laws will appear to keep the destabilization from threatening the status quo.
Its why today we have stopped cheap chinese EV’s from destroying the huge multi brand cartel that are modern automobile companies. Its why the old fossils running the energy markets are desperate to stop solar and wind.
They have driven what should be a rich country to squalor and starvation to keep them from making the money from their own natural resources. These lazy simpletons we have in charge today are just saying the hidden parts out loud now thinking that it will never affect any of them.
It is why when their control is threatened next time they will be completely violent.