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drill, baby, drill....

January 11, 2026 - 07:28 -- Admin

I was wrong. I believed that controlling Venezuelan oil was the primary objective behind Donald Trump’s decision to order the kidnapping of Venezuelan President Nicholas Maduro. After reviewing the actual numbers it is clear that the belief that Venezuelan oil would provide a buffer if the Persian Gulf is closed as a consequence of an Israeli/US attack on Iran is sheer nonsense. My apologies for entertaining that hypothesis before looking at the actual numbers.

 

When it Comes to Venezuelan Oil, Trump is Drilling a Dry Hole

 by Larry C. Johnson

 

The graphic [ABOVE] illustrates the reality....

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