Venezuela Oil

What I said back in October 2025 is starting to look pretty accurate right now:

I said:

I've been thinking of a reason the US may be about to take Venezuela, and the only explanation I can think of is that they want its oil. Venezuela has the world's largest oil reserves by far, yet it only pumps daily about 10% of what it should be pumping. That's because, after decades of economic failure, their oil equipment is broken.

Right then, so what I think the US could do is take control of Venezuelan oil. To do this, they wouldn't need to occupy the whole country. All they'd do is control those areas where the oil fields are located, and also control pipelines and port facilities. Study the map to see where those assets are located.

Venezuela is surrounded by adversaries. Guyana is part of the Commonwealth and a former British colony, and likewise, so is Trinidad and Tobago. Then, to the west is Colombia, which is now fully developed and a member of the OECD. Only Brazil may be an ally of Venezuela, but it's through a jungle and undeveloped areas too far south.

The scenario would be to first crush all of Venezuela's oil exports, then occupy the oil fields. They'd need to take out Venezuela's military assets as well, and leadership in Caracas. But they'd just destroy the government and military assets, not take them on head-to-head.

Why is this a brilliant strategic move? If the US does this, then China is cooked. What has this got to do with China?

China controls the so-called renewables sector, wind and solar energy generation, and it controls EV battery production. If the US starts pumping Venezuelan oil at ten times its daily rate right now, the price of gasoline will halve and wipe out the renewables sector overnight. Why would anyone buy an EV, or install solar panels, or a wind turbine when oil is cheap and limitless?

Venezuela's Oil Assets

Venezuela, What Went Wrong?

The US is moving significant assets into the Caribbean, apparently with the intent of tackling Venezuela. There's a lot of speculation going around about what the US has planned; it could just be sabre rattling, or they could be about to bring about regime change. Who knows?

Those who have been around a while will remember that Venezuela used to win Miss Universe titles. I looked it up, and they won seven times. Venezuela was the Riviera of South America. They have the world's largest oil reserves, and at current rates of extraction, almost 900 years left in the ground. And that's proven reserves; there is still much to be discovered.

Basically, Venezuela should be richer than Saudi Arabia. So, what went wrong? They became communist, that's what went wrong. As a result, they slipped into the abyss.

If the US does go into Venezuela, so be it. I'm not going to get bent out of shape over it. Call me consistent, Russia's illegal invasion of Ukraine was wrong, but I don't think anyone should get involved in a war within Russia. I know, Ukraine is separate, but it's really part of Russia, depending on how you read the history of the region. With Venezuela, it's in the USA's backyard, they probably think it's about time to free up that oil.