Monday, January 05, 2026

What's Trump's strategy for taking over Venezuelan oil? Likely not to help US oil companies making oil too cheap. More likely it's part of a strategic world chess game .

Like a wet dream, Trump would love to seize Venezuela's oil so he can control a bigger chunk of the world's oil. This could be bad for the American oil industry because even lower oil prices could make domestic oil production, from fracking and so forth, less viable. I would guess this dream is more about international power; being able to dictate more of oil supply on the world stage.

As for US domestic consumption, a strategy would be to keep prices high enough so domestic production remains viable only to use flooding the US market incase there is an election that might not go in favor of the Republican Party. Then lower gas prices domestically to try and swing the election.

Of course this dream will not be that easy for many reasons. My guess is, it would require boots on the ground to seize the oil production in Venezuela. Venezuela's current government is still somewhat in power; like it or not. Most of that country's wells and production is in bad shape so large amounts of liquid oil could not flow, at will, for quite some time. That system would need lots of upgrades.

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