Why big oil giants may not rush to buy into Donald Trump’s Venezuelan vision

January 15, 2026

It may well be safer, easier and cheaper for US companies to procure whatever oil the US economy needs at home

There are a few reasons that Donald Trump – now self-anointed acting President of Venezuela, as well as the United States – might be so excited about appropriating Venezuela’s oil.

Trump may be counting on some boost from cheap oil to the US economy: he is obsessed with the price of gas. As the midterm elections approach, he has become concerned about unemployment. Deeply imprinted memories of scarcity during the oil crises of the 1970s may prime his belief that cheap oil cures it all.

Source: www.theguardian.com

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Written by: truelightfm

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UK Conservatives Fire Senior Lawmaker Over ‘Plot’ to Defect

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International

Matthew McConaughey trademarks ‘All right, all right, all right’ catchphrase in bid to beat AI fakes

The Oscar winner intends to combat misuse of the famous line from Dazed and Confused by creating ‘a clear perimeter around ownership’ Oscar-winning actor Matthew McConaughey has trademarked his image and voice – including his famous catchphrase: “All right, all right, all right” from the movie Dazed and Confused in […]

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