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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: Steve203 🐝 HONORARY
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Number: of 84350 
Subject: and the first winners of oil deals are?
Date: 01/12/26 9:38 PM
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Global traders edge out US giants in race for Venezuelan oil deals: report

Despite President Donald Trump‘s announcement that U.S. majors would invest billions in Venezuela, the first companies to secure business in the country were Dutch-trader Vitol and Singapore-based Trafigura, two non-U.S. entities, reported Reuters on Monday. The U.S. government selected these companies to quickly restart Venezuelan oil exports, a crucial step before reconstruction can commence, as per the publication


msn.com - Global traders edge out US giants in race for venezuelan oil deals report

From the rest of the article, it sounds like these two companies are buying oil that was stranded in Venezuela, when the Pirate King started hijacking cargoes that set sail.

It's all about control: who can buy the oil, who can't, and, if the world conspires against Trump the Virile and Perfect, he denies oil to everyone. He thinks he is in control, a one man OPEC. Feed his delusions, or suffer consequences.

Trump says US could control 55% of world’s oil

“American companies will have the opportunity to rebuild Venezuela’s energy infrastructure and eventually increase oil production to levels never seen before. When you add Venezuela and the United States together, we have 55% of the oil in the world,” he added.


daily-sun.com - Trump says US could control of world s oil

Steve

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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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