nuclear-news

Instead of buying Venezuelan heavy crude…Trump just steals it

Walt Zlotow  West Suburban Peace Coalition  Glen Ellyn IL ,22 Dec 25

The US desperately needs Venezuelan heavy crude oil to run its Gulf Coast refineries. But 20 years of failed US sanctions to overthrow last 2 Venezuelan socialist presidents has caused Venezuela to pivot away from US petro dollars to sell their crude to China and Russia, and pay for it in Yuan and Rubles.

The rest of the world is looking at tiny (GDP, defense, population) Venezuela and realizing its cool to push back against America’s weaponized financial system that’s been holding them hostage to petro dollars for half a century. If Venezuela can do it so can many others, weakening America’s grip on them while undermining the US economy. And they are.

The dollar has fallen from 90% of energy transactions to 60% since 2000 and will likely be under 50% by 2035. As petrodollar usage goes bye bye, US debt will sour, interest rates balloon, presaging tough times ahead for the world’s second largest economy.

Maybe that’s why Trump has pivoted away from just sanctions to mass murder of small unarmed boats off Venezuela, seizing two oil tankers and threatening invasion. But Venezuela’s new economic pals China and Russia are rushing in to prop up Maduro’s regime which has essentially told Trump to pound sand. Maduro has the upper hand against the American colossus which can obliterate Venezuela but not without US cannon fodder arriving back at Arlington. That appears to be a criminal war too far even for mass murderer Trump.

Time for the US to drop all sanctions, withdraw the multibillion-dollar armada threatening Venezuela, and make nice with Maduro. Sure beats the economic suicide Trump and his deranged neoconservative advisors have chosen to foist upon the American people.

December 24, 2025 - Posted by Christina Macpherson | business and costs, USA