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Trump: Venezuela To Turn Over 30-50 Million Barrels Of Crude To U.S.

Trump: Venezuela To Turn Over 30-50 Million Barrels Of Crude To U.S.

“This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!”

Donald Trump has announced that the “interim” authorities in Venezuela will be providing the U,S. with 30-50 million barrels of oil that will be sold at market prices and controlled by Trump:

I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America. This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States! I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States. Thank you for your attention to this matter!

DONALD J. TRUMP
PRESIDENT OF THE UNITED STATES OF AMERICA

This is a significant percentage of Venezuela’s crude exports even by historical standards:

Venezuela exported about 781.5 thousand barrels per day of heavy-sour in 2019. In 2023, that number dropped to about 617.6 thousand barrels per day.

Sounds like just a downpayment, and part of what likely is an emerging broader deal not to take out other Venezuelan leaders so long as they play ball — and I’m guessing have agreed to kick out China, Russia, Iran, and Hezbollah.

This comes as polling shows a surge in support for the capture of Maduro:

 

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Comments

Strategically if the U.S. doesn’t control Venezuelan oil output then capturing Maduro was all for naught.

Rogue states need to be shut out of further consideration for the multitude of security reasons enumerated by others.

We have them by the throat. Time to curb stomp the b@$t@rd$.

What about the US and foreign companies who actually own that oil? Chavez stole it from them, and now we’re going to be accomplices in the continuing theft?

Sounds like Iran in 1953, when Mossadegh stole BP’s oil wells and after the Shah came back Eisenhower told the UK tough luck, you’re not getting your property back.

    destroycommunism in reply to Milhouse. | January 6, 2026 at 8:44 pm

    you steal my goods…and I take them back is justice

    not theft

    the left is saying we “owe” the indians “their land” ( while they wont give them their houses etc)

    but we didnt steal the indians land

    we fought wars and the euros won

    history repeats itself as we take back ( as you do correctly note) what was in fact ours

      But we’re not taking it back and giving it to the owners. We’re accepting it on consignment from the thieves, selling it, and using the money for the thieves’ benefit instead of giving it to the owners. When do the owners, the victims of the theft, get their property back?

        destroycommunism in reply to Milhouse. | January 6, 2026 at 9:02 pm

        ??

        maybe not the exact equipment is given back to chevron etc

        but the ability /opportunity to operate the business and the profits ( taxes..if any…that come back into the usa treasury etc). the jobs the (hopefully) squelching of chinese power..chines influence in our sphere

        for starters

        dont worry,,, the next american jimmy carter will give it back to the next maduro 🙂

          No, not just “the exact equipment”. Chevron and the other legitimate owners are getting nothing at all, not even the proceeds from selling their oil. The USA will be selling their oil, and using the proceeds “to benefit the people of Venezuela and the United States”, neither of whom own it.

          The Trump announcement does not include Chevron which has a license to produce and sell Venezuela oil and is the only US company allowed to do so.

          OK, then the other legitimate owners, the ones whose rightful property the oil is, and from whom Chavez stole it.

        destroycommunism in reply to Milhouse. | January 6, 2026 at 9:17 pm

        millhouse
        9:10 pm comment

        if that turns out to be the case ( no profits for chevron etc) then I would not undestand nor accept that as the way to go

        I have to believe trump is talking about one thing ( “the money will be controlled by me”)

        but in reality capitalism will prevail

        trump has a knack for saying things to get/keep the msm on edge…hopefully teetering them off that very edge

          Heh. Like saying “turning over” the oil, implying that they are just giving it to us, vs. selling it at market price, just not to the ChiComs and Russians.

          Additionally, saying that he will control the money snatches it from the Democrats.

          Epic trolling!

          destroycommunism in reply to destroycommunism. | January 7, 2026 at 9:33 am

          Dims
          re: 7:42 am post

          epic of epicness proportions

        The days of the US going to war so fruit companies whose assets had been nationalized by South American countries get their stuff back are over – even if the assets in question are oil related instead of fruit related.

        Venezuelan citizens are literally starving – because the same thieves that reneged on oil company contracts funneled the proceeds from that theft to foreign bank accounts instead of the citizens. Which is why it makes perfect sense that any “interim” govt which will by necessity include some of those thieves not get their sticky fingers anywhere near the funds from those oil sales.
        That money can pay for enuf food and medicines and other to save venezuelan lives while they try to recover from the Heinlein-Ian “bad luck” resulting from having socialist thieves in charge.

        As for the “owners”….. nationalization is usually bad economic policy but as theft goes it’s legalized theft. Which is why (for example) the French and Brits no longer own the Suez Canal.

          Milhouse in reply to BobM. | January 6, 2026 at 10:54 pm

          The days of the US going to war so fruit companies whose assets had been nationalized by South American countries get their stuff back are over – even if the assets in question are oil related instead of fruit related.

          I don’t see why they should be. If we won’t go to war for them then they should be allowed to do it themselves, and not be prevented by the Anti-Filibustering Act.

          As for the “owners”….. nationalization is usually bad economic policy but as theft goes it’s legalized theft. Which is why (for example) the French and Brits no longer own the Suez Canal.

          Again Eisenhower’s fault. Theft is theft.

          BobM in reply to BobM. | January 7, 2026 at 7:36 am

          Milhouse…..
          Me: “As for the “owners”….. nationalization is usually bad economic policy but as theft goes it’s legalized theft. Which is why (for example) the French and Brits no longer own the Suez Canal.”

          You “Again Eisenhower’s fault. Theft is theft.”

          It’s usually not as simple as you posit.
          First, South America being (historically) South America, the chances of the fruit (and oil) companies in question having bribed for sweetheart terms is… approx. 100%.
          That’s theft too. By both the bribe-er and the bribe-ee.

          Second, as it’s often the case in large (national level) thefts, the “victim” is often themselves “thieves”. Before (in the Americas) white conquerers stealing land from indigenous peoples there were untold centuries of indigenous peoples stealing land from other indigenous peoples. Were we (in the US or Canada) to partake in the mia culpa self flagellation of mass “return of stolen lands” there’d have to be a cut-off point / statute of limitations as to how far back to go to call some group the legitimate owners. There’s no valid reason why to only go back (say) only a single century rather than several. Except to beat up on White peoples exclusively.

          Common sense says we should avoid the California silliness of reparations for X from modern groups who never personally engaged in X to other modern groups who never personally were harmed by X.
          We’re Thank Goddess) not The Balkans – nor should we Hatfield-McCoy feuds and iniquities past all common sense.

        Ironclaw in reply to Milhouse. | January 6, 2026 at 10:47 pm

        Chavez nationalize that oil industry, Maduro kept it. Do we have a responsibility to give it back? I don’t think so. Better to have Venezuela pay for our help.

          Milhouse in reply to Ironclaw. | January 6, 2026 at 10:56 pm

          We don’t have a responsibility to go to war to retrieve it for them, but if stolen property comes into our hands we certainly do have a responsibility to give it back to its owners. Why would we be different from any individual who finds himself in possession of stolen property?

          Dimsdale in reply to Ironclaw. | January 7, 2026 at 7:46 am

          Face it: the prime reason was to dislodge the foothold Russia and the ChiComs were establishing in Venezuela. With Cuba’s help.

          I have no problem with that, and apparently, neither do the Venezuelan people.

        Azathoth in reply to Milhouse. | January 7, 2026 at 10:07 am

        Ah, the new Democrat line emerges–

        instead of what Trump said,

        “This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!”

        The left, as Milhouse demonstrates, will be saying that it’s “using the money for the thieves’ benefit instead of giving it to the owners”

        I think you might’ve tried this move too soon, Milhouse.

        Besides, weren’t you leaving?

    Dolce Far Niente in reply to Milhouse. | January 6, 2026 at 9:20 pm

    You have no idea how this is going to shake out, who is going to get what, exactly, so why not hold your horses until real details are available?

    henrybowman in reply to Milhouse. | January 6, 2026 at 10:25 pm

    I’m sure the companies got their “theft and loss” tax breaks decades ago. Once your insurance pays out, you can’t demand your totaled car back from the junkyard.

    The US government is not only not the world’s police, they’re not the world’s lost property bureau either.

      Milhouse in reply to henrybowman. | January 6, 2026 at 10:58 pm

      A tax break is not an insurance payment. You don’t get your stolen property back, you just don’t have to pay taxes on that property that you no longer have.

      Anyone who comes into possession of property they know to belong to someone else has to return it, or they become a thief.

        paracelsus in reply to Milhouse. | January 7, 2026 at 10:10 am

        how much art, how much jewelry and gold was “liberated” from the European Jews in Nazi-controlled Europe during the late ’30s and early ’40s, how much of it has been returned, how much of it is found in “state”-run museums because it should be made available to “The People”?
        How much money have the families of the previous owners spent attempting (thru the “state” courts) trying to get their possessions/assets back?

    Olinser in reply to Milhouse. | January 6, 2026 at 10:40 pm

    They chose to do business with Marudo. They continued doing business even while Maduro was seizing businesses, equipment, and resources for ‘justice’.

    They knew what they were getting into. They made a gamble on a socialist dictator and lost.

    PARTICULARLY the ones that kept doing business even after Maduro refused to give up power after his landslide loss. Zero sympathy for them.

      Milhouse in reply to Olinser. | January 6, 2026 at 11:00 pm

      They weren’t doing business with Maduro. They had their property in Venezuela, and then Chavez came along and took it. What were they supposed to do?

      We go to great lengths to ensure that people whose property was stolen by the Nazis can claim it back even 80 years later; why don’t we do the same for property stolen by all governments?

    Christopher B in reply to Milhouse. | January 6, 2026 at 11:24 pm

    You appear to be deliberately misreading Trump’s statement, as is your wont.

    President Trump is specifically talking about *sanctioned oil*, oil which was extracted under the Maduro regime and sold in violation of various international agreements regarding transactions in Venezuelan crude. It has absolutely nothing to do with the disposition of the existing oil field infrastructure nor does it have anything to do with oil that might be extracted in the future. Even with the extremely degraded conditions of the fields after the mismanagement of the Chavez and Maduro regimes, Venezuela was still producing about a million barrels of oil per *day* so 30 million barrels is roughly one month’s output, likely what was sitting in storage already. The 3 tankers seized by the US account for almost 2 million barrels of oil.

      Milhouse in reply to Christopher B. | January 6, 2026 at 11:36 pm

      That oil belongs to the owners of the wells it was taken from.

        mailman in reply to Milhouse. | January 7, 2026 at 3:55 am

        What are you talking about Justice Milhouse! There are no owners in socialist Venezuela!!

        A man with the brain the size of a planet should know this simple fact 🤔

          Milhouse in reply to mailman. | January 7, 2026 at 6:37 am

          That’s the whole point. The socialists stole it, as they stole many people’s property. It’s what socialists do. When it’s stuff the Nazis stole we have made laws to return it, even after 80 years. Why is property stolen by communists, or any government that “nationalizes” (i.e. steals) property any different?

          When Cuba finally falls, are we not going to demand that the property owners get their property back?! Wasn’t that the whole point of the embargo?

      Milhouse in reply to Hodge. | January 7, 2026 at 6:38 am

      Fine, so not Chevron. The other companies, whose capital discovered and developed the oil fields, so it legitimately belongs to them.

    Hodge in reply to Milhouse. | January 7, 2026 at 9:27 am

    Milhouse – aren’t you getting tired dragging the goalpost around? You are making assumptions from facts not in evidence. You have no way of knowing which supplier inside Venezuela will be providing this oil.

    Ockham’s razor might suggest that the U.S. might purchase the oil from a U.S. based company doing business inside Venezuela, with infrastructure and an established billing mechanism in the U.S. This would be much easier than paying one of the nationalized companies.

    I don’t think I need to mention the political benefits of helping out a potential donor.

It’s better that Venezuela oil is benefiting the USA than Iran or Chiner. Full stop.

Well it now looks like it was war (such as it was) for oil. If it was just benefiting Venezuela no problem. However benefiting us, well I’m not sure how I feel about that. Mixed feelings.

    destroycommunism in reply to ztakddot. | January 6, 2026 at 8:42 pm

    those leftist aholes confiscated american oil companies machinery and oil production when they nationalized >>socialism>>the oil business

destroycommunism | January 6, 2026 at 8:41 pm

oh nooo

just another thing for lefty to impeach him for

lower at the pump prices

destroycommunism | January 6, 2026 at 8:56 pm

like it or not

as I have posted before

mamdami /islam was an inevitable takeover of nyc

they won the 9 11 war

they took out a city and laid claim to it and we have been shamed into accepting the takeover with all sorts of excuses for its occurrence

but the bottom line is …if one is not willing or able to defend its assets

you will lose

at least Guyana doesn’t have to worry about their new oil field being taking over by Maduro

This as a stand alone statement means nothing, explains nothing.

destroycommunism | January 7, 2026 at 9:38 am

millhouse
re: jan 6 10:54 pm
(Again Eisenhower’s fault. Theft is theft.)

riddle me this :;

when is theft not theft???

when the dems write laws saying so

when is murder not murder?
when the dems write laws that say so

time to beat them at their own damn game

especially when in fact we are actually just taking back what is ours,,,so its not theft

its more of a moral issue when doing what djt is doing …same way the left claims its “moral” to be collectivists …and of course they are wrong as they didnt earn or have legal right to the goods/money they steal

The caption in the photo “captured and flown out” —– the common story is that Maduro was flown out on a helo or Osprey to the Iwo Jima ship.
He arrived in NYC on a jet.
Where did that transfer happen – someplace with a runway. Gitmo? Did the USG jet land in Caracas in the midst of the event? Fill-in-the-blank?

    AlinStLouis in reply to OldSchool. | January 7, 2026 at 4:41 pm

    Helicopter to the USS Iwo Jima, helicopter from ship to Gitmo, plane from Gitmo to Stewart Air National Guard Base in NY, helicopter from base to Manhattan heliport, and finally a motorcade from the heliport to the DEA headquarters in Manhattan for processing. I assume another motorcade moved him to the detention center in Brooklyn.