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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 01-07-2026, 09:28 AM   #16
RX792P
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Quote:
Originally Posted by Salty Again View Post
... Too right, mate.

And it's ALL about to change:

... Sing it with me, mates:

... "Trump-tilda --- Trump-tilda!
Trump-tilda - He'll get our money and run Venezuela!" ... $$$$

##### Salty
Looks like somebody made some fast money...

https://news.yahoo.com/news/articles...191728398.html

Quote:
As spotted by researcher Tyson Brody, an unidentified user bet tens of thousands of dollars on various predictions that Venezuelan president Nicolás Maduro would be imminently “out” or that the US forces would show up “in Venezuela by” a specified date during the runup to the incursion.

The account “existed for only one week and quickly became the biggest ‘yes’ holder in the Maduro out market,” Brody tweeted.

The evidence of insider trading is compelling, to say the least, given the highly suspicious timing. The account invested over $30,000 less than two days before the United States launched its invasion to kidnap Maduro and his wife and “profited $400,000 in less than 24 hours,” as sports entrepreneur Joe Pompliano calculated in a post on Bluesky.
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Old 01-07-2026, 09:52 AM   #17
RX792P
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Originally Posted by CG2014 View Post
With Venezuela Oil Industry that was created by the USA in the 1910's and then stolen from the USA when Venezuela didn't hold up their part of the contract, we can enjoy those low gasoline prices again.
Looks like nationalization all over again

Quote:
“If we control the flow of oil and the flow of the cash that comes from those sales, we have large leverage,” Wright said at the Goldman Sachs Energy, Clean Tech & Utilities Conference in Miami on Wednesday. “We need to have that leverage and that control of those oil sales to drive the changes that simply must happen in Venezuela.”
Oh yeah, and there was this Pete Hegseth gem

Just one month ago, Defense Secretary Pete Hegseth insisted that was still the case. Trump’s “War Department will not be distracted by democracy-building, interventionism, undefined wars, regime change … and feckless nation-building," Hegseth vowed.
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Old 01-07-2026, 02:42 PM   #18
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Quote:
Originally Posted by Salty Again View Post
... Too right, mate.

And it's ALL about to change:

... Sing it with me, mates:

... "Trump-tilda --- Trump-tilda!
Trump-tilda - He'll get our money and run Venezuela!" ... $$$$

##### Salty
WRONG!

And i've already stated in the PF my opinion of gas, price, use.

But y'all seem to be stuck on $$$$.

The cost of locomotion for my hoopty is $2 for a few hundred miles.

Let's see donny top that at the pumps to make y'all maggies happy.


Quote:
Originally Posted by Yssup Rider View Post
Trump is taking the lions share of the money. If not all of it.

What a fucking thief.

I would really want to follow the $$$ trail of those 2 tankers cargo when he brings them here to off load.
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Old 01-08-2026, 09:47 AM   #19
RX792P
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Ironic

President Donald Trump and congressional Republicans spent the last year touting the importance of American energy independence and drilling domestically.
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Old 01-08-2026, 01:08 PM   #20
Mort Watt
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Conservative estimates put the investment required in the Venezuelan oil industry to be $100 Billion over the next 15 years.

That does not take into account the need to train a population of workers and stabilize the political leadership and the legal system.

The International Energy Agency predicts oil demand will peak in 2030, then begin to decline.

Why would you invest that amount over that period of time when demand for oil globally is likely to FALL by then?

The world does not seem to need Venezuelan oil.

Trump has a meeting set for Friday with Execs from Big Oil. They will make promising statements to him to stroke his ego. Then slow walk any investment in this. They aren't stupid. And they know he is.

.

.
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Old 01-08-2026, 01:12 PM   #21
Precious_b
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Quote:
Originally Posted by RX792P View Post
Ironic

President Donald Trump and congressional Republicans spent the last year touting the importance of American energy independence and drilling domestically.
Guess they must be failing miserably in that department to where they go out of their way to take it somewhere else.
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Old 01-08-2026, 01:49 PM   #22
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Funny thing….according to these articles, Venezuela’s largest oil customer, China, is moving away from oil consumption, and towards green energy.

“….analysts say China’s reliance on Venezuelan oil is diminishing. China has either reached or is approaching what experts describe as “peak oil”, the point at which national oil demand stops growing and begins to decline. The shift is being driven primarily by the rapid electrification of the country’s transport sector….” ( from the Indian News Network article)

Trying to own Venezuelan dirty oil is a fools gambit……but that is what Trump claim to fame is….being a fool.

https://www.indianewsnetwork.com/en/...-2023-20260109


https://www.cnn.com/2026/01/08/clima...ctric-vehicles


elg….
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Old 01-08-2026, 04:30 PM   #23
RX792P
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Interesting...

President Donald Trump said Venezuela would be “purchasing ONLY American Made Products” with revenue from a deal that will see the country relinquish as much as 50 million barrels of oil to the US.

U.S. President Donald Trump has invited heads of commodity trading firms, Vitol and Trafigura, to the White House for talks on Friday regarding the marketing of Venezuelan oil, Reuters has reported.

Vitol
Vitol is a Swiss-based Dutch multinational energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor.

Trafigura Group Pte. Ltd. is a Singaporean-based multinational commodities company, with major regional hubs in Geneva, Houston, Montevideo and Mumbai, founded in 1993. The company trades in base metals and energy.


https://oilprice.com/Latest-Energy-N...Oil-Talks.html
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Old Yesterday, 08:14 AM   #24
RX792P
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Looks like Trump will face some daunting prospects in Venezuela oil.

https://oilprice.com/Energy/Energy-G...uelas-Oil.html

The meeting today should be interesting.

$100 billion....
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Old Yesterday, 12:38 PM   #25
RX792P
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Trump
“We’re taking billions and billions of dollars worth of oil, it’ll be hundreds of billions of dollars, it’ll be trillions of dollars,” he said. “We’re going to be there until we straighten out the country.”

Trump said the impact of the move would be to “lower oil prices all over the world, which is great for everybody.”

Would lower oil prices be great for “the biggest oil people in the world” an the “top 14” oil companies Trump said would be in attendance at his meeting today?

How would lower oil prices justify "They are going to spend at least $100 billion”?
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Old Yesterday, 04:53 PM   #26
RX792P
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Trump 'big oil' meeting today
Fox News Digital learned that the lengthy lineup of oil companies includes Chevron, Exxon, ConocoPhillips, Continental, Halliburton, HKN, Valero, Marathon, Shell, Trafigura, Vitol Americas, Repsol, Eni, Aspect Holdings, Tallgrass, Raisa Energy and Hilcorp.
Anybody hear how it went?

Several non US companies on that list...how does that square with
"Venezuela is going to be purchasing ONLY American Made Products, with the money they receive from our new Oil Deal."

Heard Trump had to interrupt the intro at the meeting to take a look at his ballroom....





"heavy oil, very good oil"
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Old Yesterday, 05:37 PM   #27
RX792P
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Some of it is here. I'll have to find time to watch it. Some is 'press conference'..

https://www.youtube.com/watch?v=jfG3igOJplI
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Old Yesterday, 05:40 PM   #28
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Not sure I noticed before, but Trump wasn't wearing a wedding band in big oil meeting today.
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Old Yesterday, 10:26 PM   #29
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oil companies to Trump: ya, no thanks..

https://www.yahoo.com/finance/news/u...230148130.html
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Old Yesterday, 11:28 PM   #30
Precious_b
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Quote:
Originally Posted by RX792P View Post
Interesting...

President Donald Trump said Venezuela would be “purchasing ONLY American Made Products” with revenue from a deal that will see the country relinquish as much as 50 million barrels of oil to the US.

U.S. President Donald Trump has invited heads of commodity trading firms, Vitol and Trafigura, to the White House for talks on Friday regarding the marketing of Venezuelan oil, Reuters has reported.

Vitol
Vitol is a Swiss-based Dutch multinational energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor.

Trafigura Group Pte. Ltd. is a Singaporean-based multinational commodities company, with major regional hubs in Geneva, Houston, Montevideo and Mumbai, founded in 1993. The company trades in base metals and energy.


https://oilprice.com/Latest-Energy-N...Oil-Talks.html
It's one thing doing interdictions on exported oil to certain countries if it follows international law. It is quite another thing to dictate the commerce in another country.

I keep thinking about that military man in the past, who I keep making reference to, that said he would not be a bag man for Uncle Sam.
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