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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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Personal Finance / Macroeconomic Trends & Risks
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Author: Steve203 🐝 HONORARY
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Number: of 4460 
Subject: Re: ExxonMobil Position on Venezuela
Date: 01/12/26 9:28 AM
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So, it appears, Trump wants to retain control of the money from the sale of Venezuelan oil.

He has said that proceeds from future Venezuelan oil sales will go into accounts in private banks, not to the US Treasury.

His crypto venture has applied to become a bank.

Money from sale of Venezuelan oil to be held in US-controlled bank accounts, Energy Dept says

WASHINGTON, Jan 7 (Reuters) - The U.S. has begun marketing Venezuelan oil and all proceeds from its sale will initially settle in U.S.-controlled accounts at globally recognized banks, the Department of Energy said in a statement released on Wednesday.


reuters.com - Money sale venezuelan oil be held US controlled bank accounts energy dept says

Trump-linked World Liberty Financial seeks license to launch trust bank

reuters.com - Trump linked world liberty financial seeks license launch trust bank

Steve

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