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The Forum > Article Comments > Candid imperialism: Trump, racketeering and Venezuelan oil > Comments

Candid imperialism: Trump, racketeering and Venezuelan oil : Comments

By Binoy Kampmark, published 19/1/2026

From Monroe Doctrine to open plunder: Venezuela becomes prime real estate for US oil.

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Any major extractions of Venezuelan oil risks an international oil glut which would drop the price of US oil extracted by US oil companies.

So no net gains for $10s Billions of US infrastructure investment in Venezuelan oil fields.
Posted by Maverick, Monday, 19 January 2026 3:20:11 PM
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