Monday, February 16, 2026

Trump Is Sending Venezuelan Oil To CHINA!!! (Jimmy Dore)


Reports have emerged that after Washington asserted control over Venezuelan oil operations, crude exports have continued flowing to major buyers such as China. Jimmy contrasts this policy with past statements from Donald Trump suggesting the U.S. would “take” Venezuela’s oil for American benefit, arguing that the current arrangement primarily advantages global markets and corporate interests rather than U.S. citizens.

Energy Secretary Chris Wright described the oil sales as “legitimate business,” but Jimmy questions the broader geopolitical logic of selling resources to a country that the administration has described as a chief rival. He concludes that the situation reflects a pattern of extraction benefiting powerful economic actors rather than aligning with “America First” rhetoric
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Is China only a fake US enemy? It appears so. One other thing to consider is that a disruption in the oil markets will drive US inflation through higher gasoline costs.  

[Posted at the SpookyWeather2 blog, February 16, 2026.]

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