In a recent statement, President Donald Trump declared, “We’re going to run everything,” when questioned about the future of Venezuela’s vast oil reserves, which are estimated to be worth trillions of dollars. This bold assertion comes in the wake of the capture of Nicolás Maduro, the former president of Venezuela, over the weekend.
Trump’s remarks have ignited a firestorm of controversy and debate, with some viewing his stance as a strategic move to bolster U.S. interests in the region, while others condemn it as a form of imperialism. Senator Bernie Sanders, for instance, criticized Trump’s comments, labeling them as “what imperialism is all about.”
The push for U.S. oil companies to invest in Venezuela’s oil industry has raised questions about the potential implications of such a move. Philip Luck, director of the CSIS Economics Program, highlighted the significance of this development, emphasizing the need for a nuanced approach to navigating the complex dynamics at play.
Moreover, the appointment of Delcy Rodriguez as Venezuela’s acting president has added another layer of complexity to the situation. Rodriguez, a key figure in the Venezuelan government, has assumed a pivotal role in the country’s leadership following Maduro’s capture. Her background and political affiliations have sparked speculation about the direction Venezuela may take under her leadership.
While Trump’s vision of tapping into Venezuela’s oil reserves has garnered support from some quarters, including U.S. oil companies, there are dissenting voices within the industry. Big Oil, for instance, has expressed reservations about Trump’s ambitious plans, citing various challenges and uncertainties that could arise from such a venture.
As the debate over Venezuela’s oil reserves continues to unfold, it remains to be seen how the situation will evolve and what implications it may have for the region and beyond. The intersection of geopolitics, economics, and energy interests underscores the complexity of the issues at stake.
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References:
– Breitbart. (2026, January 5). Trump on Venezuela Oil Reserves: ‘We’re Going to Run Everything’. https://www.breitbart.com/politics/2026/01/05/trump-on-venezuela-oil-reserves-were-going-to-run-everything/
– CBS News. (2026, January 5). Details on Venezuela’s oil reserves. https://www.cbsnews.com/video/inside-venezuelas-oil-reserves/
– Real Clear Politics. (2026, January 5). Can U.S. Cut a Deal With Venezuela’s Rodriguez? https://www.realclearpolitics.com/2026/01/05/can_us_cut_a_deal_with_venezuelas_rodriguez_682609.html
Political Bias Index: Red (Conservative)
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