Sunday, January 04, 2026

Trump Warns US Oil Company CEOs to Invest in Venezuela Now

Trump administration officials warned oil executives in recent weeks that if they want compensation for their rigs, pipelines, and other property seized in 1976, then they must be prepared to go back into Venezuela now ...

More

Trump on the US running Venezuela: It will not cost us anything because the money coming out of the ground is substantial. We're going to take back the oil.

[image or embed]

-- Acyn (@acyn.bsky.social) Jan 3, 2026 at 12:37 PM

Comments

The outlook for Venezuela's shattered oil infrastructure is one of the major questions following the unlawful US military abduction of President Nicolas Maduro.

But people in the industry said the Trumpf junta's message has left them still leery about the difficulty of rebuilding decayed oil fields in a country where it's not even clear who will lead the country for the foreseeable future.

"They're saying, you gotta go in if you want to play and get reimbursed,'" said one oil industry official.

The offer has been on the table for the last ten days, the insider reported. "But the infrastructure currently there is so dilapidated that no one at these companies can adequately assess what is needed to make it operable."

Dummkopf Trumpf suggested in a televised address that he fully expects US oil companies to pour big money into Venezuela.

"We're going to have our very large United States oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure and start making money for the country," Trumpf brayed as he celebrated Maduro's illegal abduction.


According to Wikipedia, when Venezuela nationalized its oil industry in 1976, US oil companies, including Exxon, Gulf Oil, and Mobil, lost more than $5 billion in assets. These companies were compensated, but only partially, receiving about $1 billion each, which was far less than the value of the assets seized.

Fortune magazine reports that a full reconstruction of Venezuela's oil industry will likely take close to a decade and cost in the range of $50 billion to $100 billion or more. This is due to years of underinvestment, sanctions, and the collapse of critical infrastructure. The process is described as "highly ambitious" and a "distant prospect," with only smaller gains possible in the short term.

Regarding OPEC, Venezuela currently produces about 1.1 million barrels per day, only about 1% of global trade. Even if production recovers, it will take years and massive investment, so the immediate effect on OPEC will be minimal.


#1 | Posted by C0RI0LANUS at 2026-01-04 01:45 AM

That ------- arch won't pay for itself, know what I mean?

#2 | Posted by LegallyYourDead at 2026-01-04 03:17 AM

That ---- arch won't pay for itself, know what I mean?

#2 | Posted by LegallyYourDead at 2026-01-04 03:17 AM | Reply | Flag: You've Got a Nice Thinking Cap


#3 | Posted by C0RI0LANUS at 2026-01-04 03:30 AM

That ------- arch won't pay for itself, know what I mean?
#2 | POSTED BY LEGALLYYOURDEAD

How many times does Trump have to tell you? It's a ------- "arc." (He probably means "ark.")

#4 | Posted by Doc_Sarvis at 2026-01-04 04:35 AM

*** Hedge Fund Investors Will Be En Route to Venezuela ***

"Officials from top Wall Street firms will be traveling to Venezuela to investigate "investment prospects" of the country. "The trip will feature about 20 officials from the finance, energy and defense sectors.": x.com

#5 | Posted by C0RI0LANUS at 2026-01-04 07:55 AM

*** Oil Companies Publicly Uncommitted on Dummkopf Trumpf's Comments ***

Chevron is the only US oil company operating in Venezuela.

During Dummkopf Trumpf's first Reign of Terror, USSECSTATE Rex Tillerson, the former ExxonMobil magnate, opposed any invasion plan of Venezuela in order to seize their oil.

Years ago, the late Hugo Chavez donated free heating oil to needy Americans: Venezuela Helped Poor Americans

Sources:

Chevron Sitting Pretty

Mum's the Word

#6 | Posted by C0RI0LANUS at 2026-01-04 08:50 AM

Invest in Chaos or Else.

Trump is acting like a desperate criminal trying to fence his Loot.

What a Turd.

Maduro is Impressive in Demeanor, not visibly alarmed.

I bet he's a cool head in a Crisis too.

What happens to him if the Jury ACQUITS?

Stranger things have happened.

Lol.

#7 | Posted by Effeteposer at 2026-01-04 10:02 AM

With the current glut of oil on the world markets and the price of crude under $60/barrel, I'm not sure how quick the American oil companies will be willing to pour money into an effort which could prove to be a bit of a black hole with little hope of turning a profit anytime soon.

OCU

#8 | Posted by OCUser at 2026-01-04 12:58 PM

They aren't going to put tens of billions of dollars into Venezuala for years until the political environment is well settled and the investment is safe.

Dumbass MAGAts are so stupid.

#9 | Posted by Sycophant at 2026-01-04 02:33 PM

Surely Trump had this investment strategy with the U.S. oil companies all settled BEFORE he invaded.

(LOL) Don't count on it.

#10 | Posted by Twinpac at 2026-01-05 12:12 AM

Regarding OPEC, Venezuela currently produces about 1.1 million barrels per day, only about 1% of global trade.

#1 | Posted by C0RI0LANUS at 2026-01-04 01:45 AM | Reply | Flag:

That's $63 million a day.

What currently happens is the oil is sold way below market to Russian state owned firms, whom transport it on the shadow fleet which take it to China and India, dodging sanctions and pocketing the income to fund the war in Ukraine and keep Putin and involved oligarchs paid.

#11 | Posted by sitzkrieg at 2026-01-05 10:58 AM

Well, it has become crystal clear that this administration undertook this action with zero after action planning.

Probably a bunch of assumptions that people would eagerly jump aboard, made from their own narcissistic misunderstanding of how the world and other people work.

So, they'll resort to threats and coercion to make this reckless, illegal action look like anything but the flop it's likely going to turn out to be.

#12 | Posted by jpw at 2026-01-05 11:48 AM

And they don't even have to worry about what's the difference between Shia and Sunni.

#13 | Posted by LegallyYourDead at 2026-01-05 11:53 AM

When Venezuela seized oil infrastructure years back, US companies invested in Canada for the same type of oil. They spent $500 billion to do so.

They sure as ---- aren't going to invest in Venezuela to compete with themselves.

#14 | Posted by Sycophant at 2026-01-05 08:27 PM

Oil companies got nothing to worry about President Piggy will reimburse them for their investments

how ya feel about that magat scum?

www.msn.com

President Donald Trump said in a new interview that the U.S. could help finance improvements to Venezuela's oil infrastructure, telling NBC that oil companies could be "reimbursed" for their investments.

FWIW that smacks of desperation

Just sayin

#15 | Posted by truthhurts at 2026-01-05 08:52 PM

"telling NBC that oil companies could be "reimbursed" for their investments."

Remember every time there was a disaster, Republicans demanded any aid be cut from other social spending???

They never offer tax increases at times like this.

Frankly, if the Democrats doubled their spines...they'd still have none.

#16 | Posted by Danforth at 2026-01-05 09:08 PM

Drudge Retort Headlines

Minnesota Day Care Hoax is Fueled by MAGA Weirdness (93 comments)

Hegseth to Demote Sen. Mark Kelly, Cut Pension Over Illegal Orders Video (80 comments)

Remembering Jan. 6 (77 comments)

Dallas County Republicans Abandon Plan to Hand-Count Ballots (67 comments)

DOJ Violates Epstein Files Law (54 comments)

Officers who Defended the Capitol on Jan. 6 Say Struggles Linger (32 comments)

Trump Has a List of Demands for Venezuela's New Leader (21 comments)

Trump Says He Tipped Off Oil Companies on Venezuela Attack (21 comments)

Cuba says 32 of its Citizens were Killed During Maduro Extraction (21 comments)

Denmark Rankles at MAGA Post on Greenland (21 comments)