Venezuela Oil: Big US Oil Corporations To Control Production, Will Trump's Oil Hoard Gain Profits?

President Donald Trump outlined a plan to "help" Venezuela by deploying US oil giants to extract its vast reserves, which account for 18% of global totals but only 1%  are currently utilized. The plan promises no cost to America, as companies invest billions to repair infrastructure and generate profits for the people. He framed this as rebuilding a "dead country" into prosperity, surrounding the US with stable, energy-rich neighbors free of enemies, while preparing for further strikes if needed after Maduro's capture.

Expert Clayton Seigle explained the challenges of Venezuelan crude viscous, like molasses, requiring special handling, and noted that ongoing US sanctions have quarantined exports, mainly impacting China, making quick benefits unlikely amid geopolitical risks. Past attempts by Chevron, Exxon, Shell, and BP failed due to Venezuela's instability, raising doubts about Trump's success despite advanced US tech and funds.