Venezuela To Turn Over 30 Million to 50 Million Oil Barrels To America

Following the capture of socialist dictator Nicolas Maduro, US President Donald Trump announced that Venezuela will turn over to America thirty million to fifty million barrels of oil which will benefit people of both nations, according to a news report by Newsmax.

For the newcomers reading this, Maduro ruled Venezuela for more than a decade and his predecessor was none other than the demon Hugo Chavez. Maduro brutalized his fellow Venezuelans and is responsible with the intense deterioration of their national economy. Under Maduro, Venezuela cooperated with the terrorist state of Iran, Communist China and Putin’s Russia. Maduro is also involved in drug trafficking and narco-terrorism.

To put things in perspective, posted below is an excerpt from a Newsmax report. Some parts in boldface…

President Donald Trump said Tuesday that Venezuela is turning over 30 million to 50 million barrels of oil to the United States, with proceeds he said will benefit both the Venezuelan people and Americans.

Trump made the announcement in a post on Truth Social, just days after he authorized U.S. military action to remove socialist strongman Nicolas Maduro from power in Venezuela.

“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,” Trump said in the post.

“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!” he added.

Delcy Rodriguez was sworn in as Venezuela’s interim president Monday. Rodriguez indicated she would cooperate with Washington.

“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,” Trump concluded his post.

Before the arrest of Maduro, Venezuela’s oil sector was a shadow of its former self despite holding the world’s largest proven oil reserves — estimated at over 300 billion barrels.

Decades of socialist mismanagement, expropriation of foreign assets, and U.S. sanctions decimated output, which fell from over 3 million barrels per day in the early 2000s to roughly 1 million barrels per day by 2025.

Sanctions forced much of the crude trade underground and shifted exports mainly to China, with Petróleos de Venezuela, S.A. (PDVSA) struggling to generate cash revenue. Production bottlenecks, lack of investment, and aging infrastructure kept Venezuela’s oil influence weak on global markets.

For additional insight about Venezuelan oil and what it means to America and the world, watch the selected videos below.

In other developments, Venezuelans are celebrating the capture and downfall of Maduro. Switzerland announced that it has frozen Maduro’s assets and will redistribute the funds to the people of Venezuela after the dictator’s trial.

Let me end this piece by asking you readers: What is your reaction to this development? With Maduro on trial in America, are you confident that he will be found guilty on each and every charge against him? Do you think the announced high amount of barrels of Venezuelan oil will be a big economic boost for America? Do you think China, Russia and terrorist state Iran are panicking now that they lost their access to Venezuela’s oil? Do you think it is a matter of time before the military hardware of Russia, China and Iran in Venezuela will get dismantled?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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