WH hints of military invasion of Venezuela

Polds4OSU said:
“They took all of our oil… and we want it back.” — Trump, escalates rhetoric on Venezuela, alleging the country illegally seized U.S. oil rights. His remarks followed his announcement of a blockade on sanctioned oil tankers, amid rising threats of direct military involvement.

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Rhetoric aside. The price of oil is one of the great economic models of supply and demand. It will paint the biggest picture of how the economy is faring. Canary down the well bore so to speak.

Today February crude futures sit below 56.50. We don’t print above $60/barrel until mid 2029. We don’t trade over $62 in ANY futures contract month which goes out thru February 2037.

His domestic economic policies are devastating the oil and gas industry. One of the only saving graces is that we have neglected drilling natgas wells and a cold start to winter has caused a mini run in natgas prices. That is propping up US rig counts right now. But this also means he was full of it when he said electric prices will be coming down.

Crude oil futures prices tell us we are in an oversupplied market. That is a combination of too much US production and the US economy cooling. No way to dispute the fact we are oversupplied.

So why invade Venezuela and bring even more production to market? There is no overall America 1st agenda to this.
 
HacklemanPoke said:
Rhetoric aside. The price of oil is one of the great economic models of supply and demand. It will paint the biggest picture of how the economy is faring. Canary down the well bore so to speak.

Today February crude futures sit below 56.50. We don’t print above $60/barrel until mid 2029. We don’t trade over $62 in ANY futures contract month which goes out thru February 2037.

His domestic economic policies are devastating the oil and gas industry. One of the only saving graces is that we have neglected drilling natgas wells and a cold start to winter has caused a mini run in natgas prices. That is propping up US rig counts right now. But this also means he was full of it when he said electric prices will be coming down.

Crude oil futures prices tell us we are in an oversupplied market. That is a combination of too much US production and the US economy cooling. No way to dispute the fact we are oversupplied.

So why invade Venezuela and bring even more production to market? There is no overall America 1st agenda to this.
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I agree. Oil company executives need to warn Republican legislators in Congress that they will seek to primary them out if they don't demand Trump stop his war on Venezuela.

On the other hand, conservative economists, who support Trump, will tell you the drop in oil prices will be great against inflation, since it will make prices of everything go down. Furthermore, deregulation makes drilling for oil cheaper. I hope that doesn't end up meaning an upsurge of earthquakes in Oklahoma.

China buys oil from Venezuela, so a war will only needlessly complicate things. Don't be surprised if China plays a big role in how this ridiculous thing ends.

It doesn't seem much like Venezuela is involved with the Fentanyl problem. Fentanyl seizures have dropped by 30% at the U.S.-Mexico border compared to the previous year. This decline is attributed to increased enforcement efforts by both the U.S. and Mexican governments, which have implemented measures to combat fentanyl trafficking and production. However, some Democrats in Congress wonder if the 30% drop is really a positive reflection of what is really going on with Fentanyl.
 
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Stillwater Townie said:
I agree. Oil company executives need to warn Republican legislators in Congress that they will seek to primary them out if they don't demand Trump stop his war on Venezuela.

On the other hand, conservative economists, who support Trump, will tell you the drop in oil prices will be great against inflation, since it will make prices of everything go down. Furthermore, deregulation makes drilling for oil cheaper. I hope that doesn't end up meaning an upsurge of earthquakes in Oklahoma.

China buys oil from Venezuela, so a war will only needlessly complicate things. Don't be surprised if China plays a big role in how this ridiculous thing ends.

It doesn't seem much like Venezuela is involved with the Fentanyl problem. Fentanyl seizures have dropped by 30% at the U.S.-Mexico border compared to the previous year. This decline is attributed to increased enforcement efforts by both the U.S. and Mexican governments, which have implemented measures to combat fentanyl trafficking and production. However, some Democrats in Congress wonder if the 30% drop is really a positive reflection of what is really going on with Fentanyl.
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Take a look at the oil drilling process and the single biggest component involved in the process.

Drilling rig-steel
Completion rig-steel
Downhole pipe-steel
Surface equipment-steel
Pump jack-steel
Storage tanks-steel
Pipeline-steel
Tanker trucks-steel
Rail cars-steel

Every single piece of the process to drill, produce, store, treat and transport a single barrel is steel.

Trump’s tariffs and economic policies have increased the expense side and hammered the revenue side.

Some deregulation helps some w costs but do we really want to deregulate the production side of this industry? The biggest help is on the front end w EIA’s and permitting. And permits approvals are up under Trump.
 
Exclusive: Stephen Miller, President Trump’s homeland security adviser, originally planned to go after Mexican drug cartels, according to U.S. officials.

But as southern border security increased, Miller and his team were left looking for a new target: Venezuela.

www.threads.com

The Washington Post (@washingtonpost) on Threads

Exclusive: Stephen Miller, President Trump’s homeland security adviser, originally planned to go after Mexican drug cartels, according to U.S. officials. But as southern border security increased, Miller and his team were left looking for a new target: Venezuela.
www.threads.com www.threads.com
 
Polds4OSU said:
President Donald Trump said the United States had struck a “big facility” in Venezuela as part of its campaign against alleged drug trafficking operations there.

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Trump should be specific what is meant by "big facility" now that it has been struck. If we have been able to secure our borders from illegal immigrants, we should also be able to secure our border from illegal drugs, probably cheaper than war.
 
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BREAKING: President Trump said Venezuelan President Nicolás Maduro and his wife were "captured and flown out of the Country" early Saturday morning, confirming a "large scale strike" had been carried out by U.S. forces, as explosions were reported in Caracas and elsewhere. The U.S. Army's Delta Force, an elite special forces unit, carried out the operation to capture Maduro, officials told CBS News.

The strikes follow months of U.S. military buildup in the region, with the USS Gerald R. Ford aircraft carrier and numerous other warships positioned in the Caribbean. In recent weeks the U.S. has seized two oil tankers off Venezuela, launched deadly strikes on more than 30 boats the administration says were carrying drugs, and struck what President Trump called "the dock area where they load the boats up with drugs."

This is a developing story. https://cbsn.ws/49jfLdV
 
Here is a native Venezuelan's take.

"As a Venezuelan, I can say this plainly: much of the left leaning media is going to aggressively twist this story. What needs to be understood is that when the bombs fell, they struck only military bases and an international airport that had already been closed, with all international flights suspended.

Many Venezuelans did not panic, they cheered from their homes when they saw the helicopters. This was not random or uninformed support. Roughly 75% of Venezuelans voted for María Corina Machado, backing her platform and her openly stated plan to pursue cooperation with the United States, including the possibility of U.S. intervention, to remove Nicolás Maduro from power in exchange for reopening Venezuela to free trade.

This was a calculated choice. Venezuela has resources the United States wants, and the United States has the leverage and support Venezuela needs. It was a path we knowingly chose, fully aware of the risks involved.

Love it or hate it, do not accept the narrative at face value. This was not imposed on us. We chose this path."
 
Rob B. said:
Here is a native Venezuelan's take.

"As a Venezuelan, I can say this plainly: much of the left leaning media is going to aggressively twist this story. What needs to be understood is that when the bombs fell, they struck only military bases and an international airport that had already been closed, with all international flights suspended.

Many Venezuelans did not panic, they cheered from their homes when they saw the helicopters. This was not random or uninformed support. Roughly 75% of Venezuelans voted for María Corina Machado, backing her platform and her openly stated plan to pursue cooperation with the United States, including the possibility of U.S. intervention, to remove Nicolás Maduro from power in exchange for reopening Venezuela to free trade.

This was a calculated choice. Venezuela has resources the United States wants, and the United States has the leverage and support Venezuela needs. It was a path we knowingly chose, fully aware of the risks involved.

Love it or hate it, do not accept the narrative at face value. This was not imposed on us. We chose this path."
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Source?
 
Rob B. said:
Here is a native Venezuelan's take.

"As a Venezuelan, I can say this plainly: much of the left leaning media is going to aggressively twist this story. What needs to be understood is that when the bombs fell, they struck only military bases and an international airport that had already been closed, with all international flights suspended.

Many Venezuelans did not panic, they cheered from their homes when they saw the helicopters. This was not random or uninformed support. Roughly 75% of Venezuelans voted for María Corina Machado, backing her platform and her openly stated plan to pursue cooperation with the United States, including the possibility of U.S. intervention, to remove Nicolás Maduro from power in exchange for reopening Venezuela to free trade.

This was a calculated choice. Venezuela has resources the United States wants, and the United States has the leverage and support Venezuela needs. It was a path we knowingly chose, fully aware of the risks involved.

Love it or hate it, do not accept the narrative at face value. This was not imposed on us. We chose this path."
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Yep. Know a guy who is a native of that country. No idea on his politics or how he feels about the former regime until today but based on what he posted on Facebook removing that man from power is a good thing. If someone who understands the politics of Venezuela way better than I do is in support of this then Im going to be cool with it too.

I have serious reservations about the administration acting without congressional action or attacking boats in the middle of the ocean just because but if this ultimately benefits the people of Venezuela then its a good thing.
 
cowboyinexile said:
Yep. Know a guy who is a native of that country. No idea on his politics or how he feels about the former regime until today but based on what he posted on Facebook removing that man from power is a good thing. If someone who understands the politics of Venezuela way better than I do is in support of this then Im going to be cool with it too.

I have serious reservations about the administration acting without congressional action or attacking boats in the middle of the ocean just because but if this ultimately benefits the people of Venezuela then its a good thing.
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Has US-led regime change led to a better outcome for any Latin American countries yet? Legitimately asking not being sarcastic.
 
cowboyinexile said:
Yep. Know a guy who is a native of that country. No idea on his politics or how he feels about the former regime until today but based on what he posted on Facebook removing that man from power is a good thing. If someone who understands the politics of Venezuela way better than I do is in support of this then Im going to be cool with it too.

I have serious reservations about the administration acting without congressional action or attacking boats in the middle of the ocean just because but if this ultimately benefits the people of Venezuela then its a good thing.
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The Venezuelan regime was a dysfunctional nightmare unless you were an insider or chosen one.

Whether the reasoning or right of the US to do this was correct or not, there is an extremely high chance this ends up better for the people of Venezuela in the long run.
 
steross said:
The Venezuelan regime was a dysfunctional nightmare unless you were an insider or chosen one.

Whether the reasoning or right of the US to do this was correct or not, there is an extremely high chance this ends up better for the people of Venezuela in the long run.
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It depends what kind of Presidents are available in the portal.
 
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