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Tag: Oil

  • How Is Trump’s Venezuela Takeover Going?

    Since the U.S. ousted Maduro, the former vice president has been working to meet the Trump administration’s demands — while at times publicly denouncing what the U.S. has done — and all the while working to consolidate her control over the regime and country. Per Bloomberg:

    [Rodríguez] has seamlessly moved into the role of acting president. She has chaired meetings with senior officials, greeted international envoys, welcomed the press at Miraflores Palace and met privately with diplomats. But beneath the continuity, the bedrock of Chavismo — Venezuela’s brand of socialism — is beginning to shift as Rodríguez quickly moves to consolidate authority and unite the fractured ruling coalition. There are some subtle changes. Rodríguez’s days start earlier, her public remarks are far more concise and the marathon speeches that defined Maduro’s rule are gone. Public officials are now allowed back on X.

    Other moves are far more consequential, including a reshaping of the cabinet and security apparatus and the release of dozens of political prisoners. Decisions on senior personnel are being received positively by the Trump administration, according to one person familiar with the matter who asked not to be named discussing sensitive deliberations.

    Trump and Secretary of State Marco Rubio have repeatedly said that Rodríguez has been doing what the administration tells her. Trump has called her a “terrific person” and last week told Reuters that she “has been very good to deal with.” He also said that he thinks she’s “eventually” going to come to the White House, and that “I’ll go to their country too.”

    In her state of the union speech Thursday, Rodríguez called for opening the country’s oil sector to foreign investment.

    The regime has also moved to reopen the U.S. embassy in Caracas and has already hosted a U.S. delegation. At the same time, Rodríguez and other regime officials have been trying to have it all ways, signaling willing partnership and shared opportunity with Trump and the U.S., while also insisting they are just as anti-imperialist as they ever were.

    On Thursday, Rodríguez met in Caracas with CIA director John Ratcliffe, the most senior Trump administration official to visit the country since the invasion. His high-profile visit was reportedly intended to further signal the administration’s support for Rodríguez as the country’s interim leader. (Ahead of the Maduro operation, a CIA assessment indicated that Rodríguez would be the best choice to take over and maintain stability in the country.)

    Here’s what Freddy Guevara, the former vice president of the Venezuelan National Assembly, who has been living in exile for the past four years, recently told Reveal about Rodríguez and her grip on power:

    I know her and I know her brother. I was involved, as I said, in negotiation processes and they were both in there. And I have to tell you that they are not moderate at all, they are super radical, and they believe they are smarter than everyone. I am sure that what they’re trying to do is to convince Trump or the Trump administration to allow them to have kind of a Saudi Arabia or China in Latin America. Which means international investments, but no political freedom for example. I think that’s her plan A.  

    I think their plan B is to outsmart Trump and figure it out, how to survive and buy time, make small concessions enough to not get them out of power.

    Chas Danner

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  • Contributor: This time the U.S. isn’t hiding why it’s toppling a Latin American nation

    In the aftermath of the U.S. military strike that seized Venezuelan President Nicolás Maduro on Jan. 3, the Trump administration has emphasized its desire for unfettered access to Venezuela’s oil more than conventional foreign policy objectives, such as combating drug trafficking or bolstering democracy and regional stability.

    During his first news conference after the operation, President Trump claimed oil companies would play an important role and that the oil revenue would help fund any further intervention in Venezuela.

    Soon after, “Fox & Friends” hosts asked Trump about this prediction.

    We have the greatest oil companies in the world,” Trump replied, “the biggest, the greatest, and we’re gonna be very much involved in it.”

    As a historian of U.S.-Latin American relations, I’m not surprised that oil or any other commodity is playing a role in U.S. policy toward the region. What has taken me aback, though, is the Trump administration’s openness about how much oil is driving its policies toward Venezuela.

    As I’ve detailed recently, U.S. military intervention in Latin America has largely been covert. And when the U.S. orchestrated the coup that ousted Guatemala’s democratically elected president in 1954, the U.S. covered up the role that economic considerations played in that operation.

    By the early 1950s, Guatemala had become a top source for the bananas Americans consumed, as it remains today.

    The United Fruit Company, based in Boston, owned more than 550,000 acres of Guatemalan land, largely thanks to its deals with previous dictatorships. These holdings required the intense labor of impoverished farmworkers who were often forced from their traditional lands. Their pay was rarely stable, and they faced periodic layoffs and wage cuts.

    The international corporation networked with dictators and local officials in Central America, many Caribbean islands and parts of South America to acquire immense estates for railroads and banana plantations.

    The locals called it the pulpo — “octopus” in Spanish — because the company seemingly had a hand in shaping the region’s politics, economies and everyday life. The Colombian government brutally crushed a 1928 strike by United Fruit workers, killing hundreds of people.

    The company’s seemingly unlimited clout in the countries where it operated gave rise to the stereotype of Central American nations as “banana republics.”

    In Guatemala, a country historically marked by extreme inequality, a broad coalition formed in 1944 to overthrow its repressive dictatorship in a popular uprising. Inspired by the anti-fascist ideals of World War II, the coalition sought to make the nation more democratic and its economy more fair.

    After decades of repression, the nation democratically elected Juan José Arévalo and then Jacobo Árbenz, under whom, in 1952, Guatemala implemented a land reform program that gave landless farmworkers their own undeveloped plots. Guatemala’s government asserted that these policies would build a more equitable society for Guatemala’s impoverished, Indigenous majority.

    United Fruit denounced Guatemala’s reforms as the result of a global conspiracy. It alleged that most of Guatemala’s unions were controlled by Mexican and Soviet communists and painted the land reform as a ploy to destroy capitalism.

    United Fruit sought to enlist the U.S. government in its fight against the elected government’s policies. While its executives did complain that Guatemala’s reforms hurt its financial investments and labor costs, they also cast any interference in its operations as part of a broader communist plot.

    It did this through an advertising campaign in the U.S. and by taking advantage of the anti-communist paranoia that prevailed at the time.

    United Fruit executives began to meet with officials in the Truman administration as early as 1945. Despite the support of sympathetic ambassadors, the U.S. government apparently wouldn’t intervene directly in Guatemala’s affairs.

    The company turned to Congress.

    It hired well connected lobbyists to portray Guatemala’s policies as part of a communist plot to destroy capitalism and the United States. In February 1949, multiple members of Congress denounced Guatemala’s labor reforms as communist.

    Sen. Claude Pepper called the labor code “obviously intentionally discriminatory against this American company” and “a machine gun aimed at the head of this American company.”

    Two days later, Rep. John McCormack echoed that statement, using the exact same words to denounce the reforms.

    Sen. Henry Cabot Lodge Jr., Sen. Lister Hill and Rep. Mike Mansfield also went on the record, reciting the talking points outlined in United Fruit memos.

    No lawmaker said a word about bananas.

    Seventy-seven years later, we may see many echoes of past interventions, but now the U.S. government has dropped the veil: In his appearance after the strike that seized Maduro this month, Trump said “oil” 21 times.

    Aaron Coy Moulton is an associate professor of Latin American history at Stephen F. Austin State University in Texas and the author of “Caribbean Blood Pacts: Guatemala and the Cold War Struggle for Freedom.” This article was produced in collaboration with the Conversation.

    Aaron Coy Moulton

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  • Trump ‘inclined’ to keep ExxonMobil out of Venezuela

    President Donald Trump said Sunday that he is “inclined” to keep ExxonMobil out of Venezuela after its top executive was skeptical about oil investment efforts in the country after the toppling of former President Nicolás Maduro.“I didn’t like Exxon’s response,” Trump said to reporters on Air Force One as he departed West Palm Beach, Florida. “They’re playing too cute.”Video above: President Trump asks oil giants for $100B to restart Venezuela’s oil industryDuring a meeting Friday with oil executives, Trump tried to assuage the concerns of the companies and said they would be dealing directly with the U.S., rather than the Venezuelan government.Some, however, weren’t convinced.“If we look at the commercial constructs and frameworks in place today in Venezuela, today it’s uninvestable,” said Darren Woods, CEO of ExxonMobil, the largest U.S. oil company.An ExxonMobil spokesperson did not immediately respond Sunday to a request for comment.Also on Friday, Trump signed an executive order that seeks to ensure that Venezuelan oil revenue remains protected from being used in judicial proceedings.The executive order, made public on Saturday, says that if the funds were to be seized for such use, it could “undermine critical U.S. efforts to ensure economic and political stability in Venezuela.” Venezuela has a history of state asset seizures, ongoing U.S. sanctions and decades of political uncertainty.Getting U.S. oil companies to invest in Venezuela and help rebuild the country’s infrastructure is a top priority of the Trump administration after Maduro’s capture.The White House is framing the effort to “run” Venezuela in economic terms, and Trump has seized tankers carrying Venezuelan oil, has said the U.S. is taking over the sales of 30 million to 50 million barrels of previously sanctioned Venezuelan crude, and plans to control sales worldwide indefinitely.Seung Min Kim reported from West Palm Beach, Florida.

    President Donald Trump said Sunday that he is “inclined” to keep ExxonMobil out of Venezuela after its top executive was skeptical about oil investment efforts in the country after the toppling of former President Nicolás Maduro.

    “I didn’t like Exxon’s response,” Trump said to reporters on Air Force One as he departed West Palm Beach, Florida. “They’re playing too cute.”

    Video above: President Trump asks oil giants for $100B to restart Venezuela’s oil industry

    During a meeting Friday with oil executives, Trump tried to assuage the concerns of the companies and said they would be dealing directly with the U.S., rather than the Venezuelan government.

    Some, however, weren’t convinced.

    “If we look at the commercial constructs and frameworks in place today in Venezuela, today it’s uninvestable,” said Darren Woods, CEO of ExxonMobil, the largest U.S. oil company.

    An ExxonMobil spokesperson did not immediately respond Sunday to a request for comment.

    Also on Friday, Trump signed an executive order that seeks to ensure that Venezuelan oil revenue remains protected from being used in judicial proceedings.

    The executive order, made public on Saturday, says that if the funds were to be seized for such use, it could “undermine critical U.S. efforts to ensure economic and political stability in Venezuela.” Venezuela has a history of state asset seizures, ongoing U.S. sanctions and decades of political uncertainty.

    Getting U.S. oil companies to invest in Venezuela and help rebuild the country’s infrastructure is a top priority of the Trump administration after Maduro’s capture.

    The White House is framing the effort to “run” Venezuela in economic terms, and Trump has seized tankers carrying Venezuelan oil, has said the U.S. is taking over the sales of 30 million to 50 million barrels of previously sanctioned Venezuelan crude, and plans to control sales worldwide indefinitely.

    Seung Min Kim reported from West Palm Beach, Florida.

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  • Trump withdraws U.S. from 66 international organizations and treaties, including major climate groups

    President Trump on Wednesday withdrew the United States from 66 international organizations and treaties, including the United Nations Framework Convention on Climate Change and the Intergovernmental Panel on Climate Change.

    In a presidential memorandum, Trump said it is “contrary to the interests of the United States to remain a member of, participate in, or otherwise provide support to” the organizations, which also include groups geared toward education, economic development, cybersecurity and human rights issues, among others. He directed all executive departments and agencies to take steps to “effectuate the withdrawal” of the U.S. from the organizations as soon as possible.

    While the president has already announced a withdrawal from the Paris climate agreement — an international treaty to limit global warming to under 2 degrees Celsius in order to prevent the worst effects of climate change — the latest move will further isolate the nation at a critical moment, experts said.

    The U.N. Framework Convention on Climate Change is a global treaty created in 1992 and signed by nearly 200 countries with the aim of addressing climate change through coordinated international action, including limiting planet-warming greenhouse gases. Trump already raised eyebrows last year by refusing to attend or send any high-level delegates to the annual U.N. Conferences of the Parties meeting in Brazil, where Gov. Gavin Newsom instead took on a starring role.

    Withdrawing from the U.N. Framework Convention is a “shortsighted, embarrassing, and foolish decision,” Gina McCarthy, a former director of the U.S. Environmental Protection Agency, said in a statement.

    “As the only country in the world not a part of the UNFCCC treaty, the Trump administration is throwing away decades of U.S. climate change leadership and global collaboration,” said McCarthy, who also served as the first White House national climate advisor and is now chair of the America is All In climate coalition.

    David Widawsky, director of the World Resources Institute, called the move a “strategic blunder that gives away American advantage for nothing in return.”

    “The 30-year-old agreement is the foundation of international climate cooperation. Walking away doesn’t just put America on the sidelines — it takes the U.S. out of the arena entirely,” Widawsky said.

    Trump on Wednesday also withdrew the U.S. from the Intergovernmental Panel on Climate Change, the leading global scientific body studying global warming. Its major assessments published every six or seven years help inform climate policy around the world.

    Pulling the U.S. out of the IPCC won’t prevent individual U.S. scientists from contributing, but the nation as a whole will no longer be able to help guide the scientific assessments, said Delta Merner, associate accountability campaign director for the Climate and Energy Program at the Union of Concerned Scientists, who has attended previous IPCC meetings.

    “Walking away doesn’t make the science disappear, it only leaves people across the United States, policymakers and businesses flying in the dark at the very moment when credible climate information is most urgently needed,” Merner said. “This is a clear attempt to weaken scientific guardrails that protect the public from disinformation, delay and reckless decision-making. Such a move will make it easier for fossil fuel interests to distort the facts while front-line communities pay the price.”

    Trump, who received substantial donations from oil and gas companies during his 2024 presidential campaign, has heavily promoted the development of fossil fuels such as oil, gas and coal. He has also taken several steps to limit scientific research and climate action in the U.S., including moving to dismantle the National Center for Atmospheric Research, one of the world’s leading climate and weather research institutions, in Boulder, Colo.

    Last year, the Trump administration also fired hundreds of scientists working to prepare the congressionally mandated National Climate Assessment and removed the website that housed previous assessments.

    Other climate, environment and energy groups Trump withdrew from on Wednesday include the International Renewable Energy Agency, the International Solar Alliance, the the 24/7 Carbon-Free Energy Compact and the Inter-American Institute for Global Change Research, among many others.

    But the United States is the first nation to walk away from the U.N. Framework Convention, according to Manish Bapna, president and chief executive of the nonprofit Natural Resources Defense Council.

    “President Trump pulls the United States out of the UNFCCC at the nation’s peril,” Bapna said. “It is not only self-defeating to let other countries write the global rules of the road for the inevitable transition to clean energy, but also to skip out on trillions of dollars in investment, jobs, lower energy costs and new markets for American clean technologies.”

    Hayley Smith

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  • Trump says up to 50 million barrels of oil turned over to US by Venezuela

    Trump says Venezuela will send up to 50M barrels of oil to U.S., with proceeds controlled by his administration.

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  • Cuba faces uncertain future after US topples Venezuelan leader Maduro

    Cuban officials on Monday lowered flags before dawn to mourn 32 security officers they say were killed in the U.S. weekend strike in Venezuela, the island nation’s closest ally, as residents here wonder what the capture of President Nicolás Maduro means for their future.The two governments are so close that Cuban soldiers and security agents were often the Venezuelan president’s bodyguards, and Venezuela’s petroleum has kept the economically ailing island limping along for years. Cuban authorities over the weekend said the 32 had been killed in the surprise attack “after fierce resistance in direct combat against the attackers, or as a result of the bombing of the facilities.”Related video above: What happens next: Venezuela’s future after U.S. capture of MaduroThe Trump administration has warned outright that toppling Maduro will help advance another decades-long goal: Dealing a blow to the Cuban government. Severing Cuba from Venezuela could have disastrous consequences for its leaders, who on Saturday called for the international community to stand up to “state terrorism.”On Saturday, Trump said the ailing Cuban economy will be further battered by Maduro’s ouster.“It’s going down,” Trump said of Cuba. “It’s going down for the count.” Loss of key supporterMany observers say Cuba, an island of about 10 million people, exerted a remarkable degree of influence over Venezuela, an oil-rich nation with three times as many people. At the same time, Cubans have long been tormented by constant blackouts and shortages of basic foods. And after the attack, they woke to the once-unimaginable possibility of an even grimmer future.“I can’t talk. I have no words,” 75-year-old Berta Luz Sierra Molina said as she sobbed and placed a hand over her face.Even though 63-year-old Regina Méndez is too old to join the Cuban military, she said that “we have to stand strong.”“Give me a rifle, and I’ll go fight,” Méndez said.Maduro’s government was shipping an average of 35,000 barrels of oil daily over the last three months, about a quarter of total demand, said Jorge Piñón, a Cuban energy expert at the University of Texas at Austin Energy Institute.“The question to which we don’t have an answer, which is critical: Is the U.S. going to allow Venezuela to continue supplying Cuba with oil?” he said.Piñón noted that Mexico once supplied Cuba with 22,000 barrels of oil a day before it dropped to 7,000 barrels after U.S. Secretary of State Marco Rubio visited Mexico City in early September.“I don’t see Mexico jumping in right now,” Piñón said. “The U.S. government would go bonkers.”Ricardo Torres, a Cuban economist at American University in Washington, said that “blackouts have been significant, and that is with Venezuela still sending some oil.”“Imagine a future now in the short term losing that,” he said. “It’s a catastrophe.”Piñón noted that Cuba doesn’t have the money to buy oil on the international market.“The only ally that they have left out there with oil is Russia,” he said, noting that it sends Cuba about 2 million barrels a year.“Russia has the capability to fill the gap. Do they have the political commitment, or the political desire to do so? I don’t know,” he said.Torres also questioned whether Russia would extend a hand.“Meddling with Cuba could jeopardize your negotiation with the U.S. around Ukraine. Why would you do it? Ukraine is far more important,” he said.Torres said Cuba should open its doors to the private sector and market and reduce its public sector, moves that could help prompt China to step in and help Cuba.“Do they have an alternative? I don’t think they do,” he said.Rebuilding Venezuela’s oil industryOn Monday, Trump told NBC News in an interview that the U.S. government could reimburse oil companies making investments in Venezuela to maintain and increase oil production in that country.He suggested that the necessary rebuilding of the country’s neglected infrastructure for extracting and shipping oil could happen in less than 18 months.“I think we can do it in less time than that, but it’ll be a lot of money,” Trump said. “A tremendous amount of money will have to be spent and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue.”It still remains unclear how quickly the investment could occur given the uncertainties about Venezuela’s political stability and the billions of dollars needed to be spent.Venezuela produces on average about 1.1 million barrels of oil a day, down from the 3.5 million barrels a day produced in 1999 before a government takeover of the majority of oil interests and a mix of corruption, mismanagement and U.S. economic sanctions led output to fall.___Coto reported from San Juan, Puerto Rico. Associated Press reporters Milexsy Durán in Havana, Isabel DeBre in Buenos Aires and Joshua Boak in Washington, D.C., contributed.

    Cuban officials on Monday lowered flags before dawn to mourn 32 security officers they say were killed in the U.S. weekend strike in Venezuela, the island nation’s closest ally, as residents here wonder what the capture of President Nicolás Maduro means for their future.

    The two governments are so close that Cuban soldiers and security agents were often the Venezuelan president’s bodyguards, and Venezuela’s petroleum has kept the economically ailing island limping along for years. Cuban authorities over the weekend said the 32 had been killed in the surprise attack “after fierce resistance in direct combat against the attackers, or as a result of the bombing of the facilities.”

    Related video above: What happens next: Venezuela’s future after U.S. capture of Maduro

    The Trump administration has warned outright that toppling Maduro will help advance another decades-long goal: Dealing a blow to the Cuban government. Severing Cuba from Venezuela could have disastrous consequences for its leaders, who on Saturday called for the international community to stand up to “state terrorism.”

    On Saturday, Trump said the ailing Cuban economy will be further battered by Maduro’s ouster.

    “It’s going down,” Trump said of Cuba. “It’s going down for the count.”

    Loss of key supporter

    Many observers say Cuba, an island of about 10 million people, exerted a remarkable degree of influence over Venezuela, an oil-rich nation with three times as many people. At the same time, Cubans have long been tormented by constant blackouts and shortages of basic foods. And after the attack, they woke to the once-unimaginable possibility of an even grimmer future.

    “I can’t talk. I have no words,” 75-year-old Berta Luz Sierra Molina said as she sobbed and placed a hand over her face.

    Even though 63-year-old Regina Méndez is too old to join the Cuban military, she said that “we have to stand strong.”

    “Give me a rifle, and I’ll go fight,” Méndez said.

    Maduro’s government was shipping an average of 35,000 barrels of oil daily over the last three months, about a quarter of total demand, said Jorge Piñón, a Cuban energy expert at the University of Texas at Austin Energy Institute.

    “The question to which we don’t have an answer, which is critical: Is the U.S. going to allow Venezuela to continue supplying Cuba with oil?” he said.

    Piñón noted that Mexico once supplied Cuba with 22,000 barrels of oil a day before it dropped to 7,000 barrels after U.S. Secretary of State Marco Rubio visited Mexico City in early September.

    “I don’t see Mexico jumping in right now,” Piñón said. “The U.S. government would go bonkers.”

    Ricardo Torres, a Cuban economist at American University in Washington, said that “blackouts have been significant, and that is with Venezuela still sending some oil.”

    “Imagine a future now in the short term losing that,” he said. “It’s a catastrophe.”

    Piñón noted that Cuba doesn’t have the money to buy oil on the international market.

    “The only ally that they have left out there with oil is Russia,” he said, noting that it sends Cuba about 2 million barrels a year.

    “Russia has the capability to fill the gap. Do they have the political commitment, or the political desire to do so? I don’t know,” he said.

    Torres also questioned whether Russia would extend a hand.

    “Meddling with Cuba could jeopardize your negotiation with the U.S. around Ukraine. Why would you do it? Ukraine is far more important,” he said.

    Torres said Cuba should open its doors to the private sector and market and reduce its public sector, moves that could help prompt China to step in and help Cuba.

    “Do they have an alternative? I don’t think they do,” he said.

    Rebuilding Venezuela’s oil industry

    On Monday, Trump told NBC News in an interview that the U.S. government could reimburse oil companies making investments in Venezuela to maintain and increase oil production in that country.

    He suggested that the necessary rebuilding of the country’s neglected infrastructure for extracting and shipping oil could happen in less than 18 months.

    “I think we can do it in less time than that, but it’ll be a lot of money,” Trump said. “A tremendous amount of money will have to be spent and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue.”

    It still remains unclear how quickly the investment could occur given the uncertainties about Venezuela’s political stability and the billions of dollars needed to be spent.

    Venezuela produces on average about 1.1 million barrels of oil a day, down from the 3.5 million barrels a day produced in 1999 before a government takeover of the majority of oil interests and a mix of corruption, mismanagement and U.S. economic sanctions led output to fall.

    ___

    Coto reported from San Juan, Puerto Rico. Associated Press reporters Milexsy Durán in Havana, Isabel DeBre in Buenos Aires and Joshua Boak in Washington, D.C., contributed.

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  • Fact-checking Trump following U.S. attacks on Venezuela and capture of Maduro

    President Donald Trump said a U.S. military assault succeeded in capturing Venezuelan President Nicolás Maduro and his wife, Cilia Flores, both facing U.S. charges related to cocaine trafficking under newly unsealed indictments

    In a Jan. 3 press conference at Mar-a-Lago, Trump said the U.S. would “run the country until such time as we can do a safe, proper and judicious transition.”

    Trump also said Venezuelan Vice President Delcy Rodríguez was sworn in as interim president. Trump said Rodríguez had talked to Secretary of State Marco Rubio and was “essentially willing to do what we think is necessary to make Venezuela great again.”

    However, Rodríguez criticized the U.S. military action as “brutal aggression” on state television and called for Maduro’s immediate release.

    Maduro, an authoritarian, has led Venezuela since 2013, succeeding an ideological ally, Hugo Chávez, who had been in office since 1999. Under both men, U.S. relations with Venezuela frayed over foreign policy, oil and human rights.

    In July 2024, Maduro declared victory following an election that international observers described as fraudulent. The country’s opposition candidate, Edmundo González Urrutia, received about 70% of the vote.

    Tensions between Trump and Maduro escalated in September after the U.S. government began attacking vessels off the coast of Venezuela, killing more than 100 people, in what Trump described as an effort to thwart drug smuggling.

    When a reporter asked Trump during the Mar-a-Lago press event whether he’d spoken to Venezuelan opposition leader Maria Corina Machado following Maduro’s arrest, Trump said Machado “doesn’t have the support or the respect within the country.”

    Machado, who recently won the Nobel Peace Prize for her fight for democracy in Venezuela, had a 72% approval rating from Venezuelans according to a March poll by ClearPath Strategies.

    Trump said without evidence that the United States’ role in governing Venezuela “won’t cost us anything” because U.S. oil companies would invest in new infrastructure in the oil-rich country. “It’s going to make a lot of money,” Trump said. 

    Here, we fact-checked Trump’s and Rubio’s statements from the press conference.

    Rubio: “It’s just not the kind of mission that you can prenotify (Congress about) because it endangers the mission.” 

    The administration’s lack of warning to Congress bucks laws and precedents. 

    Rubio said members of Congress were not notified in advance. Trump said the administration was concerned about Congress potentially leaking news of the administration’s decision to capture Maduro.

    Senate Majority Leader John Thune, R-S.D., praised the operation as a “decisive action.”

    But Congressional Democrats said Congress should have been notified in advance. Sen. Tim Kaine, D-Va., said, “Maduro is terrible. But Trump put American servicemembers at risk with this unauthorized attack.”

    Sen. Jeanne Shaheen, D-N.H., said Trump and his cabinet were not forthcoming about their intentions for regime change, so “we are left with no understanding of how the administration is preparing to mitigate risks to the U.S. and we have no information regarding a long-term strategy following today’s extraordinary escalation.”

    The U.S. Constitution assigns Congress the right to declare war. The last time that happened was for World War II.

    Since then, presidents have generally initiated military action using their constitutionally granted powers as commander in chief without an official declaration of war. 

    Since Congress passed the 1973 War Powers Resolution, the president has had to report to Congress within 48 hours of introducing the U.S. military into hostilities and terminate the use of the military within 60 days unless Congress approves. If approval is not granted and the president deems it an emergency, an additional 30 days are granted for ending operations.

    In recent decades, congressional consent has usually been granted through an authorization for the use of military force. But an authorization has not been passed for operations in Venezuela. Kaine and other lawmakers have pursued legislation — so far fruitlessly —  to prohibit the use of federal funds for any use of military force in or against Venezuela without Congressional authorization.

    The Trump administration has whittled away at prior notification requirements. Under federal law, eight bipartisan, senior members of Congress must receive prior notice of particularly sensitive covert actions. In June 2025, the administration told Republicans, but not Democrats, about the forthcoming U.S. strike on Iranian nuclear facilities. For the Venezuela operation, it appears no lawmakers were notified in advance.

    Trump: Each U.S. boat strike off the coast of Venezuela saves 25,000 people. 

    Pants on Fire! 

    The Trump administration has struck at least 32 vessels killing about 115 people in the Caribbean Sea and Eastern Pacific Ocean since September. Trump said previously that the boats were carrying drugs en route to the U.S. and during the press conference he said the drugs on each boat would kill “on average, 25,000 people.”

    However, experts on drugs and Venezuela told PolitiFact the country plays a minor role in trafficking drugs that reach the U.S. And the administration has provided no evidence about the type or quantity of drugs it says were on the boats. This lack of information makes it impossible to know how many lethal doses of the drugs could have been destroyed.

    The Centers for Disease Control and Prevention reported 73,000 U.S. drug overdose deaths from May 2024 to April 2025. That means the drugs on 32 boats would have been responsible for 800,000 deaths, nearly 11 times the number of U.S. overdose deaths in one year. 

    Trump: “Maduro sent savage and murderous gangs, including the bloodthirsty prison gang Tren de Aragua, to terrorize American communities nationwide.”

    There is no evidence Maduro sent members of Venezuelan prison gang Tren de Aragua to the U.S. 

    The U.S. Justice Department indictment against Maduro does not mention Trump’s statement.

    An April report from the federal National Intelligence Council contradicted Trump’s statements about links between Maduro and Tren de Aragua. 

    “While Venezuela’s permissive environment enables (Tren de Aragua) to operate, the Maduro regime probably does not have a policy of cooperating with TDA and is not directing TDA movement to and operations in the United States,” the report said.

    Trump: Venezuela “stole” U.S oil in the past.

    This needs context

    In the early 20th century, Venezuela’s long-serving dictator, Juan Vicente Gómez, allowed foreign companies almost exclusive access to the country’s oil resources. 

    In 1975, after decades of seeking greater control of its oil resources, Venezuela nationalized its oil industry.

    “Trump’s claim that Venezuela has stolen oil and land from the U.S. is baseless,” Francisco Rodríguez, a Venezuelan economist at the University of Denver, told The Washington Post. “The U.S. was much more interested in having Venezuela be a provider of oil — relatively cheap oil — than to have a production collapse in Venezuela,” Rodríguez said. As a result, the change was “relatively uncontroversial” at the time.

    U.S. oil companies, including Exxon and Mobil and Gulf, now Chevron, lost about $5 billion each in assets and were compensated $1 billion each, according to news reports, the Post reported.

    But Rodríguez said the companies didn’t push for additional compensation at the time, in part because no forum existed to do so.

    In general, experts have told PolitiFact that invading a country to take its oil would be both illegal and unethical. In 2016, Trump mused about how the U.S. should have taken Iraq’s oil when it invaded to oust Saddam Hussein.

    Experts pointed to the Annex to the Hague Convention of 1907 on the Laws and Customs of War, which says that “private property … must be respected (and) cannot be confiscated.” It also says that “pillage is formally forbidden.”

    “If ‘to the victors go the spoils’ was legal doctrine, then we would have believed that (then-Iraqi leader Saddam Hussein) should have been able to keep Kuwait City after he invaded” in 1990, terrorism analyst Daveed Gartenstein-Ross told PolitiFact in 2016. “But we viewed that — quite rightly — as an act of aggression under the U.N. Charter.”

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  • Crude oil prices rise after Maduro ouster as Wall Street braces for a big week that will put the U.S. economy back on Trump’s radar | Fortune

    Stock futures and oil prices edged higher on Sunday evening as investors began to digest the implications of the U.S. military raid on Venezuela that captured Nicolas Maduro.

    While the country has the world’s largest proven oil reserves, production has been waning for years amid U.S. sanctions, mismanagement by the Maduro regime, and underinvestment.

    President Donald Trump said Saturday that Maduro’s removal will unleash a surge of investment in Venezuela’s oil industry and revive output, though analysts have said that could take years.

    Meanwhile, Venezuela’s shrinking influence in the world’s oil landscape has Wall Street downplaying much near-term effects from U.S. intervention there.

    “The physical global oil market situation remains the same. Oil prices have declined due to an oversupplied global oil market,” said Rob Hummel, senior portfolio manager at Tortoise Capital Management, said in a note. “The current events in Venezuela don’t change this dynamic.”

    U.S. oil futures rose 0.19% to $57.43 a barrel, and Brent crude climbed 0.28% to $60.92 a barrel, with both benchmarks reversing earlier losses.

    OPEC+ also backed plans to keep production steady through the first quarter and hold off on any further hikes, as oil markets still face a supply glut.

    Futures tied to the Dow Jones industrial average were essentially flat, down 5 points. S&P 500 futures were up 0.10%, and Nasdaq futures added 0.32%.

    The yield on the 10-year Treasury was unchanged at 4.191%. The U.S. dollar was up 0.14% against the euro and up 0.22% against the yen. 

    Gold rallied 1.7% to $4,403.70 per ounce, and silver jumped 5.4% to $74.86. Bitcoin edged up 2.3% to $92,265.

    After the successful Venezuela raid, Trump said he is still eyeing Greenland and warned Cuba is “very similar” to the Maduro regime.

    But the economic calendar may bring his focus back on the U.S. economy rather than more foreign adventures. The upcoming batch of numbers is also highly anticipated as they will largely be free from distortions related to the government shutdown.

    On Monday, the Institute for Supply Management will release its manufacturing activity index. On Wednesday, ADP puts out its private-sector payroll report, and the Labor Department publishes job opening and turnover report.

    And on Friday, the Labor Department will issue its monthly jobs report, with Wall Street expecting a gain of just 54,000 and another increase in the unemployment rate to 4.7%.

    Jason Ma

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  • In Venezuela after Maduro, a common refrain: The oil is ours

    Like many other Venezuelans, Ramón Arape said the image of ex-President Nicolás Maduro in U.S. custody was a stunning — and welcome — sight.

    “I confess that I felt a sense of relief when I saw the photo of Maduro in the hands of los gringos,” said Arape, 59, a welder and father of three.

    Less reassuring, however, were President Trump’s comments about Washington’s determination to take over the government and the oil industry, the nation’s defining natural resource.

    “We’ve already had it with outsiders — Cubans, Iranians, Chinese — and now the Americans come along and want to name leaders and sell our oil?” said Arape, referring to a series of foreign allies sought out by the socialist governments of Maduro and his predecessor, the late Hugo Chávez. “It’s a violation of law and sovereignty.”

    Many Venezuelans are hoping for a deliverance, but not, it seems, at the cost of selling off the country’s riches. How that plays out with Trump’s view that Venezuela “stole” a U.S.-built oil industry is one of the big questions as Washington embarks on a massive nation-building endeavor in South America.

    Like many other nations, Venezuela nationalized its oil industry in the 20th century, a process begun in the 1970s under a U.S.-allied government in Caracas. Several U.S. oil giants later made claims of illegal expropriation against the government of Chávez, Maduro’s mentor. But few here seemed inclined to believe in Trump’s assertion, made on social media, that Venezuela must return “all of the Oil, Land and other Assets that they previously stole from us.”

    Sunday was just a day after the shocking events that saw U.S. forces sweep into the capital and snatch Maduro and his wife, Cilia Flores, from Miraflores Palace, the seat of government, and fly them out of the country — and, eventually, to New York, where both face drug-trafficking charges. Both deny the charges, calling them U.S. propaganda.

    Venezuelans with internet access had the opportunity to view the unlikely image of Maduro, bundled up for distinctly non-tropical temperatures and flanked by federal agents, doing a perp walk at a military base in New York and apparently telling onlookers: “Happy New Year.”

    In the Venezuelan capital, life was slowly returning to a semblance of normalcy on Sunday, albeit on a weekend pace.

    Cars and some public transport circulated on streets that had been deserted the day before. People ventured cautiously from their homes after spending much of Saturday indoors, fearing the explosions and a potential aftermath. Many went to church in this overwhelmingly Roman Catholic nation. Sermons called for peace.

    There was a palpable sense of relief that the threat of war had abated, at least temporarily. Many were still absorbing the almost unbelievable turn of events that has surely transformed the nation’s future — albeit in still unpredictable ways.

    But there was an overriding determination, among both supporters and critics of the ousted president, that the country’s oil and other resources were sacrosanct, and not to be handed over to the United States — or anyone else.

    “Really it was very emotional to finally see Maduro and Cilia handcuffed and prisoners,” said Fernando González, 29, a plumber who says he supports Marína Corina Machado, the Nobel Peace Prize laureate and longtime opposition leader. “Those two have to pay for their crimes. For that we thank Trump. But that’s not to say we are in agreement with everything he seems to want to do.”

    The president’s determination to “run” Venezuela — and take over its oil — didn’t go down well with González, a fervent nationalist in a country with a long history of nationalist activism.

    “This is all a farce if they get rid of Maduro just to appropriate and sell the oil,” he said. “It can’t be that way. We want progress, change, but a transition led by Venezuelans. It can’t all be at the will of the Americans.”

    González saw a role for the United States: “To help us deal with this social drama of an impoverished country.” But, he added: “They must respect our will.”

    Arape, the welder, summed up the sentiment of many. “We didn’t go through all this so that Trump can name his people and take over our oil,” he said.

    On Saturday, Trump had said, “We’re going to run the country until such time as we can do a safe, proper and judicious transition.” On Sunday, however, administration officials walked back that statement, saying the U.S. would pressure the Venezuelan government to acquiesce to U.S. demands.

    Secretary of State Marco Rubio said the threat of more military action would serve as “leverage” over the Venezuelan government.

    In Caracas, confusion about the future was a prevalent sentiment, among both critics and supporters of Maduro.

    “We would like to know who is really in charge,” said William Rojas, 31, a father of two who lives in the El Valle district, long a Maduro stronghold.

    In his news conference Saturday, Trump said that Maduro’s vice president, Delcy Rodríguez, had been named interim president, a fact seemingly confirmed Sunday by Telesur, the government broadcast outlet. But Rodríguez, in an address Saturday from Miraflores Palace, demanded that Washington return the “kidnapped” Maduro, whom she called the “sole” president of the country.

    “Delcy Rodríguez says that Maduro remains the president, but he’s no longer here,” said Rojas. “And how were they able to whisk him away? Who betrayed our president?”

    He added, “We can’t live with the idea that the ones who really govern us are Trump and Marco Rubio! We are totally confused.”

    Amid all the prevailing ambiguity, authorities called on people to revert to everyday patterns — as though Maduro were still around.

    There were still no official casualty counts from Saturday’s raid. In an address, the defense secretary, Gen. Vladimir Padrino López, called the operation a “cowardly kidnapping” that was carried out “after cold-bloodedly assassinating a large part of the president’s security detail, soldiers and innocent civilians,” according to Telesur.

    Padrino urged Venezuelans to return to their jobs and to school, adding, “I call on the Venezuelan people to peace, to order, to not fall to temptations or a psychological war, to threats, to the fear that they want to impose upon us.”

    Special correspondent Mogollón reported from Caracas and staff writer McDonnell from Boston.

    Mery Mogollón, Patrick J. McDonnell

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  • Fact-checking Trump comments on Venezuela attacks, Maduro

    President Donald Trump said a U.S. military assault succeeded in capturing Venezuelan President Nicolás Maduro and his wife, Cilia Flores, both facing U.S. charges related to cocaine trafficking under newly unsealed indictments

    In a Jan. 3 press conference at Mar-a-Lago, Trump said the U.S. would “run the country until such time as we can do a safe, proper and judicious transition.”

    Trump also said Venezuelan Vice President Delcy Rodríguez was sworn in as interim president. Trump said Rodríguez had talked to Secretary of State Marco Rubio and was “essentially willing to do what we think is necessary to make Venezuela great again.”

    However, Rodríguez criticized the U.S. military action as “brutal aggression” on state television and called for Maduro’s immediate release.

    Maduro, an authoritarian, has led Venezuela since 2013, succeeding an ideological ally, Hugo Chávez, who had been in office since 1999. Under both men, U.S. relations with Venezuela frayed over foreign policy, oil and human rights.

    In July 2024, Maduro declared victory following an election that international observers described as fraudulent. The country’s opposition candidate, Edmundo González Urrutia, received about 70% of the vote.

    Tensions between Trump and Maduro escalated in September after the U.S. government began attacking vessels off the coast of Venezuela, killing more than 100 people, in what Trump described as an effort to thwart drug smuggling.

    When a reporter asked Trump during the Mar-a-Lago press event whether he’d spoken to Venezuelan opposition leader Maria Corina Machado following Maduro’s arrest, Trump said Machado “doesn’t have the support or the respect within the country.”

    Machado, who recently won the Nobel Peace Prize for her fight for democracy in Venezuela, had a 72% approval rating from Venezuelans according to a March poll by ClearPath Strategies.

    Trump said without evidence that the United States’ role in governing Venezuela “won’t cost us anything” because U.S. oil companies would invest in new infrastructure in the oil-rich country. “It’s going to make a lot of money,” Trump said. 

    Here, we fact-checked Trump’s and Rubio’s statements from the press conference.

    Rubio: “It’s just not the kind of mission that you can pre-notify (Congress about) because it endangers the mission.” 

    The administration’s lack of warning to Congress bucks laws and precedents. 

    Rubio said members of Congress were not notified in advance. Trump said the administration was concerned about Congress potentially leaking news of the administration’s decision to capture Maduro.

    Senate Majority Leader John Thune, R-S.D., praised the operation as a “decisive action.”

    But Congressional Democrats said Congress should have been notified in advance. Sen. Tim Kaine, D-Va., said, “Maduro is terrible. But Trump put American servicemembers at risk with this unauthorized attack.”

    Sen. Jeanne Shaheen, D-N.H., said Trump and his cabinet were not forthcoming about their intentions for regime change, so “we are left with no understanding of how the administration is preparing to mitigate risks to the U.S. and we have no information regarding a long-term strategy following today’s extraordinary escalation.”

    The U.S. Constitution assigns Congress the right to declare war. The last time that happened was for World War II.

    Since then, presidents have generally initiated military action using their constitutionally granted powers as commander in chief without an official declaration of war. 

    Since Congress passed the 1973 War Powers Resolution, the president has had to report to Congress within 48 hours of introducing the U.S. military into hostilities and terminate the use of the military within 60 days unless Congress approves. If approval is not granted and the president deems it an emergency, an additional 30 days are granted for ending operations.

    In recent decades, congressional consent has usually been granted through an authorization for the use of military force. But an authorization has not been passed for operations in Venezuela. Kaine and other lawmakers have pursued legislation — so far fruitlessly —  to prohibit the use of federal funds for any use of military force in or against Venezuela without Congressional authorization.

    The Trump administration has whittled away at prior notification requirements. Under federal law, eight bipartisan, senior members of Congress must receive prior notice of particularly sensitive covert actions. In June 2025, the administration told Republicans, but not Democrats, about the forthcoming U.S. strike on Iranian nuclear facilities. For the Venezuela operation, it appears no lawmakers were notified in advance.

    President Nicolás Maduro, accompanied by first lady Cilia Flores, greets supporters during an event marking the anniversary of a 1958 coup ousting dictator Marcos Pérez Jiménez, in Caracas, Venezuela, on Jan. 23, 2024. (AP)

    Trump: Each U.S. boat strike off the coast of Venezuela saves 25,000 people. 

    Pants on Fire! 

    The Trump administration has struck at least 32 vessels killing about 115 people in the Caribbean Sea and Eastern Pacific Ocean since September. Trump said previously that the boats were carrying drugs en route to the U.S. and during the press conference he said the drugs on each boat would kill “on average, 25,000 people.”

    However, experts on drugs and Venezuela told PolitiFact the country plays a minor role in trafficking drugs that reach the U.S. And the administration has provided no evidence about the type or quantity of drugs it says were on the boats. This lack of information makes it impossible to know how many lethal doses of the drugs could have been destroyed.

    The Centers for Disease Control and Prevention reported 73,000 U.S. drug overdose deaths from May 2024 to April 2025. That means the drugs on 32 boats would have been responsible for 800,000 deaths, nearly 11 times the number of U.S. overdose deaths in one year. 

    Trump: “Maduro sent savage and murderous gangs, including the bloodthirsty prison gang Tren de Aragua, to terrorize American communities nationwide.”

    There is no evidence Maduro sent members of Venezuelan prison gang Tren de Aragua to the U.S. 

    The U.S. Justice Department indictment against Maduro does not mention Trump’s statement.

    An April report from the federal National Intelligence Council contradicted Trump’s statements about links between Maduro and Tren de Aragua. 

    “While Venezuela’s permissive environment enables (Tren de Aragua) to operate, the Maduro regime probably does not have a policy of cooperating with TDA and is not directing TDA movement to and operations in the United States,” the report said.

    Trump: Venezuela “stole” U.S oil in the past.

    This needs context

    In the early 20th century, Venezuela’s long-serving dictator, Juan Vicente Gómez, allowed foreign companies almost exclusive access to the country’s oil resources. 

    In 1975, after decades of seeking greater control of its oil resources, Venezuela nationalized its oil industry.

    “Trump’s claim that Venezuela has stolen oil and land from the U.S. is baseless,” Francisco Rodríguez, a Venezuelan economist at the University of Denver, told the Washington Post. “The U.S. was much more interested in having Venezuela be a provider of oil — relatively cheap oil — than to have a production collapse in Venezuela,” Rodríguez said. As a result, the change was “relatively uncontroversial” at the time.

    U.S. oil companies, including Exxon and Mobil and Gulf, now Chevron, lost about $5 billion each in assets and were compensated $1 billion each, according to news reports, the Post reported.

    But Rodríguez said the companies didn’t push for additional compensation at the time, in part because no forum existed to do so.

    In general, experts have told PolitiFact that invading a country to take its oil would be both illegal and unethical. In 2016, Trump mused about how the U.S. should have taken Iraq’s oil when it invaded to oust Saddam Hussein.

    Experts pointed to the Annex to the Hague Convention of 1907 on the Laws and Customs of War, which says that “private property … must be respected (and) cannot be confiscated.” It also says that “pillage is formally forbidden.”

    “If ‘to the victors go the spoils’ was legal doctrine, then we would have believed that (then-Iraqi leader Saddam Hussein) should have been able to keep Kuwait City after he invaded” in 1990, terrorism analyst Daveed Gartenstein-Ross told PolitiFact in 2016. “But we viewed that — quite rightly — as an act of aggression under the U.N. Charter.”

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  • Trump, Appearing Exhausted, Announces Plan to “Take Over” Venezuela

    When the United States invaded Iraq in March of 2003, in a campaign to topple the regime of Saddam Hussein, President George W. Bush monitored the offensive from Camp David. He returned to Washington a few days later, telling reporters that despite “pockets of resistance,” the US was “making significant progress.”

    President Donald Trump has never made much use of the secluded presidential retreat. Instead, he watched the operation to strike Venezuela and arrest President Nicolás Maduro in the early hours of Saturday morning from Mar-a-Lago, his private golf club in Palm Beach, Florida. “I watched it literally like I was watching a television show,” Trump told Fox News in an interview hours after the attack.

    Speaking from Mar-a-Lago’s “Tea Room” soon after, Trump announced a plan staggering in its ambition and eerily reminiscent of the foreign policy of his Republican forebear. The United States, Trump said, would “take over” and “run” Venezuela in order to replace Maduro’s regime with one chosen by the United States.

    “We’re going to run the country until such time as we can do a safe, proper, and judicious transition,” Trump said.

    Venezuelan citizens living in Spain watch Donald Trump’s press conference as they gather at Puerta del Sol square in Madrid in reaction to the US military operation in Venezuela.

    PIERRE-PHILIPPE MARCOU/Getty Images

    The president, who is 79, appeared exhausted. His voice was subdued and hoarse, and later in the press conference, as Chairman, Joint Chiefs of Staff Dan Caine briefed the press on the operation, he seemed to struggle to stay awake. As Trump read from a stack of papers on a podium, he deviated from the script a few times, including for one lengthy aside about crime in Washington DC, where he promised “the restaurants are open, they’re happy,” and in Los Angeles, which he complained he “got no credit for” improving the fortunes of. As Trump rambled, Secretary of State Marco Rubio stood behind him, stony faced, looking at the floor.

    Trump eventually handed off to Secretary of Defense Pete Hegseth. “He effed around, and he found out,” Hegseth said of Maduro in his own short remarks. Rubio spoke next, maintaining that Maduro was “not the legitimate president” of Venezuela and noting he was indicted on drug trafficking and corruption charges in the Southern District of New York in 2020. On Saturday, the Justice Department announced new charges against Maduro and his wife, who was also captured.

    Aidan McLaughlin

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  • Trump says US is taking control of Venezuela’s oil reserves. Here’s what it means

    (CNN) — President Donald Trump on Saturday said the US would take control of Venezuela’s massive oil reserves and recruit American companies to invest billions of dollars to refurbish the country’s gutted oil industry.

    Venezuela is sitting on a massive 303 billion barrels worth of crude — about a fifth of the world’s global reserves, according to the US Energy Information Administration (EIA). That trove of crude will play a central role in the country’s future.

    Oil futures don’t trade on the weekend, so the near-term impact on the price of oil is a bit of a guessing game, but Trump said the US would operate the Venezuelan government for the time being.

    “We’re going to have our very large United States oil companies — the biggest anywhere in the world — go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure,” Trump said at a news conference at Mar-a-Lago.

    A US-led revamp could eventually make Venezuela a much bigger supplier of oil and could create opportunities for Western oil companies and could serve as a new source of production. It could also keep broader prices in check, although lower prices might disincentivize some US companies from producing oil.

    Even if international access were fully restored tomorrow, it could take years and incredible expense to bring Venezuelan oil production fully back online. Venezuelan state-owned oil and natural gas company PDVSA says its pipelines haven’t been updated in 50 years, and the cost to update the infrastructure to return to peak production levels would cost $58 billion.

    “For oil, this has the potential for a historic event,” said Phil Flynn, senior market analyst at the Price Futures Group. “The Maduro regime and (former Venezuelan President) Hugo Chavez basically ransacked the Venezuelan oil industry.”

    Control of Venezuela’s oil trove

    Venezuela is home to the largest proven oil reserve on Earth, but its potential far outweighs its actual output: Venezuela produces only about 1 million barrels of oil per day — about 0.8% of global crude production.

    That’s less than half of what it produced before Maduro took control of the country in 2013 and less than a third of the 3.5 million barrels it was pumping before the Socialist regime took over.

    International sanctions on the Venezuelan government and a deep economic crisis contributed to the decline of the country’s oil industry — but so did a lack of investment and maintenance, according to the EIA. Venezuela’s energy infrastructure is deteriorating, and its capacity to produce oil has been greatly diminished over the years.

    Venezuela simply doesn’t produce enough oil to make that big a difference.

    Oil prices have been in check this year because of oversupply fears. OPEC has ramped up production, but demand has fallen off a bit as the global economy continues to struggle with inflation and affordability after the post-pandemic price shock.

    US oil briefly rose above $60 a barrel when the Trump administration began seizing oil from Venezuelan vessels, but it has since fallen to $57 a barrel again. So the market’s reaction — if investors believe the strike is bad news for oil supply — will almost certainly be muted.

    “Psychologically it might give it a bit of a boost, but Venezuela has oil that can be easily replaced by a combination of global producers,” Flynn said.

    Venezuela’s oil potential

    The kind of oil Venezuela is sitting on — heavy, sour crude — requires special equipment and a high level of technical prowess to produce. International oil companies have the capability to extract and refine it, but they’ve been restricted from doing business in the country.

    The United States, the world’s largest oil producer, has light, sweet crude, which is good for making gasoline but not much else. Heavy, sour crude like the oil from Venezuela is crucial for certain products made in the refining process, including diesel, asphalt and fuels for factories and other heavy equipment. Diesel is in tight supply around the world — in large part because of sanctions on Venezuelan oil.

    Unlocking Venezuelan oil could be particularly beneficial to the United States: Venezuela is nearby and its oil is relatively cheap — a result of its sticky, sludgy texture that requires significant refining. Most US refineries were constructed to process Venezuela’s heavy oil, and they’re significantly more efficient when they’re using Venezuelan oil compared to American oil, according to Flynn.

    “If indeed this continues to go smoothly — and it looks like a masterful operation so far — and US companies are allowed to go back and rebuild the Venezuelan oil industry, it could be a game-changer for the global oil market,” Flynn said.

    Trump called Venezuela’s oil business “a total bust.”

    “They were pumping almost nothing by comparison to what they could have been pumping and what could have taken place,” Trump said.

    “We’re going to have our very large United States oil companies — the biggest anywhere in the world — go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and start making money for the country,” he added.

    What’s next for oil prices

    It is unclear how energy prices will be impacted by the US intervention in Venezuela.

    Bob McNally, president of Washington, DC-based consulting firm Rapidan Energy Group, told CNN that he thinks the impact on prices would be “modest,” but he doesn’t expect much of an impact “unless we see signs of widespread social unrest and things look messy. More likely if this looks ‘stable.’”

    “The prospect is then how quickly could a Venezuela that is pro-US increase its production. That will be the parlor game. Perception may race ahead of reality. People will assume Venezuela can add oil faster than they actually can,” he said.

    “Venezuela can be a huge deal but not for 5 to 10 years,” McNally said.

    Oil markets open on Sunday night. Prices will depend on whether Trump “can manifest the turnaround” of Venezuela’s oil sector, according to Helima Croft, head of global commodity strategy at RBC Capital Markets.

    “It all hinges on whether Venezuela defies the recent history of US-led regime change efforts,” Croft told CNN. “President Trump signaled the US is back in ‘nation-building mode,’ and that US companies will make the requisite investments to ensure the revival of the oil sector. I think we need far more details before we declare ‘Mission Accomplished.’”

    CNN’s Matt Egan contributed to this report.

    David Goldman and CNN

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  • US forces stop a second merchant vessel off the coast of Venezuela, American officials say

    U.S. forces on Saturday stopped a vessel off the coast of Venezuela for the second time in less than two weeks as President Donald Trump continues to ramp up pressure on Venezuelan President Nicolás Maduro.Related video above: US military strikes on drug boats in Latin America spark legal concernsThe move, which was confirmed by two U.S. officials familiar with the matter, comes days after Trump announced a “blockade” of all sanctioned oil tankers coming in and out of the South American country and follows the Dec. 10 seizure by American forces of an oil tanker off Venezuela’s coast.The officials were not authorized to discuss publicly the ongoing military operation and spoke on condition of anonymity. One official described the action as a “consented boarding,” with the tanker stopping voluntarily and allowing U.S. forces to board it.Pentagon and White House officials did not immediately respond to a request for comment.Trump, following the first tanker seizure this month, vowed that the U.S. would carry out a blockade of Venezuela. It all comes as Trump has ratcheted up his rhetoric toward Maduro and warned that the longtime Venezuelan leader’s days in power are numbered.Trump this week demanded that Venezuela return assets that it seized from U.S. oil companies years ago, justifying anew his announcement of a “blockade” against oil tankers traveling to or from the South American country that face American sanctions.Trump cited the lost U.S. investments in Venezuela when asked about his newest tactic in a pressure campaign against Maduro, suggesting the Republican administration’s moves are at least somewhat motivated by disputes over oil investments, along with accusations of drug trafficking. Some sanctioned tankers are already diverting away from Venezuela.”We’re not going to be letting anybody going through who shouldn’t be going through,” Trump told reporters earlier this week. “You remember they took all of our energy rights. They took all of our oil not that long ago. And we want it back. They took it — they illegally took it.”U.S. oil companies dominated Venezuela’s petroleum industry until the country’s leaders moved to nationalize the sector, first in the 1970s and again in the 21st century under Maduro and his predecessor, Hugo Chávez. Compensation offered by Venezuela was deemed insufficient, and in 2014, an international arbitration panel ordered the country’s socialist government to pay $1.6 billion to ExxonMobil.The targeting of tankers comes as Trump has ordered the Defense Department to carry out a series of attacks on vessels in the Caribbean and eastern Pacific Ocean that his administration alleges are smuggling fentanyl and other illegal drugs into the United States and beyond.At least 104 people have been killed in 28 known strikes since early September.The strikes have faced scrutiny from U.S. lawmakers and human rights activists, who say the administration has offered scant evidence that its targets are indeed drug smugglers and that the fatal strikes amount to extrajudicial killings.The Coast Guard, sometimes with help from the Navy, had typically interdicted boats suspected of smuggling drugs in the Caribbean Sea, searched for illicit cargo, and arrested the people aboard for prosecution.The administration has justified the strikes as necessary, asserting it is in “armed conflict” with drug cartels aimed at halting the flow of narcotics into the United States. Maduro faces federal charges of narcoterrorism in the U.S.The U.S. in recent months has sent a fleet of warships to the region, the largest buildup of forces in generations, and Trump has stated repeatedly that land attacks are coming soon.Maduro has insisted the real purpose of the U.S. military operations is to force him from power.White House chief of staff Susie Wiles said in an interview with Vanity Fair published this week that Trump “wants to keep on blowing boats up until Maduro cries uncle.”

    U.S. forces on Saturday stopped a vessel off the coast of Venezuela for the second time in less than two weeks as President Donald Trump continues to ramp up pressure on Venezuelan President Nicolás Maduro.

    Related video above: US military strikes on drug boats in Latin America spark legal concerns

    The move, which was confirmed by two U.S. officials familiar with the matter, comes days after Trump announced a “blockade” of all sanctioned oil tankers coming in and out of the South American country and follows the Dec. 10 seizure by American forces of an oil tanker off Venezuela’s coast.

    The officials were not authorized to discuss publicly the ongoing military operation and spoke on condition of anonymity. One official described the action as a “consented boarding,” with the tanker stopping voluntarily and allowing U.S. forces to board it.

    Pentagon and White House officials did not immediately respond to a request for comment.

    Trump, following the first tanker seizure this month, vowed that the U.S. would carry out a blockade of Venezuela. It all comes as Trump has ratcheted up his rhetoric toward Maduro and warned that the longtime Venezuelan leader’s days in power are numbered.

    Trump this week demanded that Venezuela return assets that it seized from U.S. oil companies years ago, justifying anew his announcement of a “blockade” against oil tankers traveling to or from the South American country that face American sanctions.

    Trump cited the lost U.S. investments in Venezuela when asked about his newest tactic in a pressure campaign against Maduro, suggesting the Republican administration’s moves are at least somewhat motivated by disputes over oil investments, along with accusations of drug trafficking. Some sanctioned tankers are already diverting away from Venezuela.

    “We’re not going to be letting anybody going through who shouldn’t be going through,” Trump told reporters earlier this week. “You remember they took all of our energy rights. They took all of our oil not that long ago. And we want it back. They took it — they illegally took it.”

    U.S. oil companies dominated Venezuela’s petroleum industry until the country’s leaders moved to nationalize the sector, first in the 1970s and again in the 21st century under Maduro and his predecessor, Hugo Chávez. Compensation offered by Venezuela was deemed insufficient, and in 2014, an international arbitration panel ordered the country’s socialist government to pay $1.6 billion to ExxonMobil.

    The targeting of tankers comes as Trump has ordered the Defense Department to carry out a series of attacks on vessels in the Caribbean and eastern Pacific Ocean that his administration alleges are smuggling fentanyl and other illegal drugs into the United States and beyond.

    At least 104 people have been killed in 28 known strikes since early September.

    The strikes have faced scrutiny from U.S. lawmakers and human rights activists, who say the administration has offered scant evidence that its targets are indeed drug smugglers and that the fatal strikes amount to extrajudicial killings.

    The Coast Guard, sometimes with help from the Navy, had typically interdicted boats suspected of smuggling drugs in the Caribbean Sea, searched for illicit cargo, and arrested the people aboard for prosecution.

    The administration has justified the strikes as necessary, asserting it is in “armed conflict” with drug cartels aimed at halting the flow of narcotics into the United States. Maduro faces federal charges of narcoterrorism in the U.S.

    The U.S. in recent months has sent a fleet of warships to the region, the largest buildup of forces in generations, and Trump has stated repeatedly that land attacks are coming soon.

    Maduro has insisted the real purpose of the U.S. military operations is to force him from power.

    White House chief of staff Susie Wiles said in an interview with Vanity Fair published this week that Trump “wants to keep on blowing boats up until Maduro cries uncle.”

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  • Salvation Army discovers gold coin worth over $4K in donation bucket

    AND DROP OFF A TOY. THE TRAIN SCHEDULE IS ON YOUR SCREEN NOW. THE SALVATION ARMY OF BARRE VERMONT IS CLOSER TO HITTING THEIR DONATION GOAL FOR THE HOLIDAY SEASON… THEY FOUND QUITE THE SURPRISE WHEN COUNTING UP THEIR DONATIONS FOR THEIR ANNUAL ‘RED KETTLE’ CAMPAIGN. THIS GOLD COIN WAS DONATED TO THEM ANONYMOUSLY… TUCKED INSIDE A TAPED DOLLAR BILL. THE TEAM AT THE SALVATION ARMY WENT TO A JEWELER TO APPRAISE IT… AND TURNS OUT ITS WORTH JUST OVER FOUR- THOUSAND DOLLARS! THE SALVATION ARMY SAYS THEY’RE AT ABOUT 30-PERCENT OF THEIR 55-THOUSAND DOLLAR GOAL… AND THAT THIS SURPRISE COIN WAS A ááHUGE BOOST FOR THEM. <00:05:15:05 Lt. Caitlin Lyle-DeLong, The Salvation Army of Barre “It helps us feed our kids that come on Tuesday nights for music lessons. It helps put oil in somebody’s oil tank, and it really means a lot that somebody is so generous that they would put something like this and anonymously. If they’re watching, we just want to say thank you and we want to express our deepest gratitude.” 00:05:39:11> ITS NOT THE FIRST TIME THIS HAS HAPPENED. A GOLD COIN WAS LEFT FOR THE CAUSE IN 20-23. THAT ONE WAS WORTH TWO-THOUSAND DOLLARS

    Salvation Army discovers gold coin worth over $4K in donation bucket

    Anonymous donation provides boost for Salvation Army team with two weeks left to go of accepting donations for Red Kettle Campaign

    Updated: 11:12 PM PST Dec 13, 2025

    Editorial Standards

    The Salvation Army of Barre, Vermont, found a little something extra when counting up their donations for their annual Red Kettle Campaign.This gold coin was donated to them anonymously, tucked inside a taped dollar bill. The team at the Salvation Army went to a jeweler to appraise it, and turns out, it’s worth $4,100.The Salvation Army said it is at about 30% of its $55,000 goal. Organizers say this surprise coin was a huge boost for them.”It helps us feed our kids that come on Tuesday nights for music lessons,” said Lt. Caitlin Lyle-DeLong. “It helps put oil in somebody’s oil tank, and it really means a lot that somebody is so generous that they would do something like this, and anonymously. If they’re watching, we just want to say thank you and we want to express our deepest gratitude.”Its not the first time the Salvation Army in Barre has gotten a donation like this. A gold coin was left for the cause in 2023. That one was worth $2,000.If you want to donate, their Red Kettle Campaign is running for two more weeks.

    The Salvation Army of Barre, Vermont, found a little something extra when counting up their donations for their annual Red Kettle Campaign.

    anonymous donation provides boost for barre's salvation army team with two weeks left to go of accepting donations for red kettle campaign

    Hearst Owned

    Gold coin worth $4,100 found in donation bucket

    This gold coin was donated to them anonymously, tucked inside a taped dollar bill. The team at the Salvation Army went to a jeweler to appraise it, and turns out, it’s worth $4,100.

    The Salvation Army said it is at about 30% of its $55,000 goal. Organizers say this surprise coin was a huge boost for them.

    “It helps us feed our kids that come on Tuesday nights for music lessons,” said Lt. Caitlin Lyle-DeLong. “It helps put oil in somebody’s oil tank, and it really means a lot that somebody is so generous that they would do something like this, and anonymously. If they’re watching, we just want to say thank you and we want to express our deepest gratitude.”

    Its not the first time the Salvation Army in Barre has gotten a donation like this. A gold coin was left for the cause in 2023. That one was worth $2,000.

    If you want to donate, their Red Kettle Campaign is running for two more weeks.

    Source link

  • Salvation Army discovers gold coin worth over $4K in donation bucket

    AND DROP OFF A TOY. THE TRAIN SCHEDULE IS ON YOUR SCREEN NOW. THE SALVATION ARMY OF BARRE VERMONT IS CLOSER TO HITTING THEIR DONATION GOAL FOR THE HOLIDAY SEASON… THEY FOUND QUITE THE SURPRISE WHEN COUNTING UP THEIR DONATIONS FOR THEIR ANNUAL ‘RED KETTLE’ CAMPAIGN. THIS GOLD COIN WAS DONATED TO THEM ANONYMOUSLY… TUCKED INSIDE A TAPED DOLLAR BILL. THE TEAM AT THE SALVATION ARMY WENT TO A JEWELER TO APPRAISE IT… AND TURNS OUT ITS WORTH JUST OVER FOUR- THOUSAND DOLLARS! THE SALVATION ARMY SAYS THEY’RE AT ABOUT 30-PERCENT OF THEIR 55-THOUSAND DOLLAR GOAL… AND THAT THIS SURPRISE COIN WAS A ááHUGE BOOST FOR THEM. <00:05:15:05 Lt. Caitlin Lyle-DeLong, The Salvation Army of Barre “It helps us feed our kids that come on Tuesday nights for music lessons. It helps put oil in somebody’s oil tank, and it really means a lot that somebody is so generous that they would put something like this and anonymously. If they’re watching, we just want to say thank you and we want to express our deepest gratitude.” 00:05:39:11> ITS NOT THE FIRST TIME THIS HAS HAPPENED. A GOLD COIN WAS LEFT FOR THE CAUSE IN 20-23. THAT ONE WAS WORTH TWO-THOUSAND DOLLARS

    Salvation Army discovers gold coin worth over $4K in donation bucket

    Anonymous donation provides boost for Salvation Army team with two weeks left to go of accepting donations for Red Kettle Campaign

    Updated: 2:12 AM EST Dec 14, 2025

    Editorial Standards

    The Salvation Army of Barre, Vermont, found a little something extra when counting up their donations for their annual Red Kettle Campaign.This gold coin was donated to them anonymously, tucked inside a taped dollar bill. The team at the Salvation Army went to a jeweler to appraise it, and turns out, it’s worth $4,100.The Salvation Army said it is at about 30% of its $55,000 goal. Organizers say this surprise coin was a huge boost for them.”It helps us feed our kids that come on Tuesday nights for music lessons,” said Lt. Caitlin Lyle-DeLong. “It helps put oil in somebody’s oil tank, and it really means a lot that somebody is so generous that they would do something like this, and anonymously. If they’re watching, we just want to say thank you and we want to express our deepest gratitude.”Its not the first time the Salvation Army in Barre has gotten a donation like this. A gold coin was left for the cause in 2023. That one was worth $2,000.If you want to donate, their Red Kettle Campaign is running for two more weeks.

    The Salvation Army of Barre, Vermont, found a little something extra when counting up their donations for their annual Red Kettle Campaign.

    anonymous donation provides boost for barre's salvation army team with two weeks left to go of accepting donations for red kettle campaign

    Hearst Owned

    Gold coin worth $4,100 found in donation bucket

    This gold coin was donated to them anonymously, tucked inside a taped dollar bill. The team at the Salvation Army went to a jeweler to appraise it, and turns out, it’s worth $4,100.

    The Salvation Army said it is at about 30% of its $55,000 goal. Organizers say this surprise coin was a huge boost for them.

    “It helps us feed our kids that come on Tuesday nights for music lessons,” said Lt. Caitlin Lyle-DeLong. “It helps put oil in somebody’s oil tank, and it really means a lot that somebody is so generous that they would do something like this, and anonymously. If they’re watching, we just want to say thank you and we want to express our deepest gratitude.”

    Its not the first time the Salvation Army in Barre has gotten a donation like this. A gold coin was left for the cause in 2023. That one was worth $2,000.

    If you want to donate, their Red Kettle Campaign is running for two more weeks.

    Source link

  • Venezuela outrage after US seizes oil tanker: Live updates

    In a sharp escalation of tensions between Washington and Caracas, the United States has seized a large Venezuelan oil tanker off the Caribbean coast, prompting fierce denunciations from the government of President Nicolás Maduro.

    What To Know

    • Initial reports on Wednesday cited U.S. officials saying the Coast Guard carried out the tanker seizure under international maritime law, targeting vessels tied to alleged illicit PDVSA-linked crude shipments.
    • U.S President Donald Trump later confirmed the seizure, hinting that “other things are happening,” but offered no further details.
    • A senior Trump administration official described the move as a “judicial enforcement action on a stateless vessel” last docked in Venezuela.
    • Oil prices jumped on the news: Brent crude rose 0.8 percent to $62.35 a barrel, and West Texas Intermediate climbed to $58.46.
    • Analysts warn the seizure may further strain U.S.–Venezuela relations and deter shippers already wary of handling sanctioned Venezuelan crude.
    • Maduro has long accused Washington of seeking to overthrow him and seize Venezuela’s vast oil reserves; the nation’s production has fallen from over 2 million barrels a day to roughly 1 million.
    • The seizure comes after Trump renewed threats of intervention by land, air, or sea, including a recent U.S. fighter jet flyover near Venezuelan airspace.
    • Caracas condemned the action as “international piracy” and “brazen theft,” accusing the U.S. of trying to control its natural resources.
    • Trump called the tanker the “largest ever” seized by the U.S.

    Stay with Newsweek for all the latest updates on rising tensions between the U.S. and Venezuela.

    Source link

  • Mark Carney says Canada’s trading relationship with the U.S. was ‘once a strength,’ but ‘now a weakness’ | Fortune

    TORONTO (AP) — Canadian Prime Minister Mark Carney and the premier of Canada’s oil rich province of Alberta agreed Thursday to work toward building a pipeline to the Pacific Coast to diversify the country’s oil exports beyond the United States.

    The memorandum of understanding includes an adjustment of an oil tanker ban off parts of the British Columbia coast if a pipeline comes to fruition.

    Carney has set a goal for Canada to double its non-U.S. exports in the next decade, saying American tariffs are causing a chill in investment.

    Alberta Premier Danielle Smith said the agreement will lead to more than 1 million barrels per day for mainly Asian markets so “our province and our country are no longer dependent on just one customer to buy our most valuable resource.”

    Carney reiterated that as the U.S. transforms all of its trading relationships, many of Canada’s strengths – based on those close ties to America – have become its vulnerabilities.

    “Over 95% of all our energy exports went to the States. This tight interdependence – once a strength – is now a weakness,” Carney said.

    Carney said a pipeline can reduce the price discount on current oil sales to U.S. markets.

    He called the framework agreement the start of a process.

    “We have created some of the necessary conditions for this to happen but there is a lot more work to do,” he said.

    Carney said if there is not a private sector proponent there won’t be a pipeline.

    The agreement calls on Ottawa and Alberta to engage with British Columbia, where there is fierce opposition to oil tankers off the coast, to advance that province’s economic interests.

    Former Prime Minister Justin Trudeau approved one controversial pipeline from the Alberta oil sands to the British Columbia coast in 2016 but the federal government had to build and finish construction of it as it faced opposition from environmental and aboriginal groups.

    Trudeau at the same time rejected the Northern Gateway project to northwest British Columbia which would have passed through the Great Bear Rainforest. Northern Gateway would have transported 525,000 barrels of oil a day from Alberta’s oil sands to the Pacific to deliver oil to Asia, mainly energy-hungry China.

    The northern Alberta region has one of the largest oil reserves in the world, with about 164 billion barrels of proven reserves.

    Carney’s announcement comes after British Columbia Premier David Eby said lifting the tanker ban would threaten projects already in development in the region and consensus among coastal First Nations.

    “The pipeline proposal has no project proponent,” he said. “Not only does it have no permits, it doesn’t even have a route.”

    Eby said the agreement is a “distraction” to real projects and does not have the support of coastal First Nations.

    “We have zero interest in co-ownership or economic benefits of a project that has the potential to destroy our way of life and everything we have built on the coast,” Coastal First Nations President Marilyn Slett said.

    The agreement pairs the pipeline project a proposed carbon capture project and government officials say the two projects must be built in tandem.

    The agreement says Ottawa and Alberta will with work with companies to identify by April 1 new emissions-reduction projects to be rolled out starting in 2027.

    Rob Gillies, The Associated Press

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  • WATCH: Fire department demonstrates dangers of frying turkey this Thanksgiving

    WATCH: Fire department demonstrates dangers of frying turkey this Thanksgiving

    My name is William Farhead. I’m the acting division chief of Orange County Fire Rescue. My last name is spelled F *** R H *** T. So we’re here today to talk about safe cooking with turkey fryers. It’s *** common thing there community that people fry their turkeys, but there are *** lot of hazards with it. There’s *** lot of threats with it. So we want to talk about the day and how we can prepare properly that way we can have *** great turkey at the end of the day. So an issue that we see is that people are buying turkeys that are too large for their pots. So the first thing you need to do is make sure you’re buying *** turkey that actually fits the pot you’re going to be frying it in after that. You want to make sure that you are prepared to have the right amount of oil inside of your pot. *** common problem that causes serious fires are people are overfilling their pots, putting *** turkey in, and then the oil runs over. So ahead of time, take your turkey, put it in the pot, and fill it with water and see what water level is to make sure it doesn’t overflow and at least 2 inches below the top of the pot, and then that way you know how much oil you need to put in. You can know the like amount to put. Once you’ve done that, of course, dry off your turkey, dry off your pot because water inside that pot would be devastating when the oil heats up later. When you are ready to cook your turkey, make sure you’re cooking *** thawed turkey. Cooking *** frozen turkey is *** disastrous situation. You’re going to cause *** fire with that. So thaw your turkey ahead of time. If you’re going to be doing it in *** refrigerator, that takes days. It’s roughly 2 days per pound, so make sure you’re prepared in advance. If you’re using soaking in warmer water or using *** microwave, you can do it closer to it, but obviously it changes the way you’re going to cook it. Once you’ve thawed your turkey and it’s ready to go and you’re going to put it in your oil, make sure your oil temperature is 350 degrees. Higher than that is going to cause again another problem where the oil is going to overflow and cause *** fire. So 350 degrees, not too much oil, making sure that your pot is anywhere near the home right there, that is *** bad example. We’re not showing you how to do it properly. We’re showing you what the threat is. By having it close to *** home, if there’s *** fire to occur, your house will catch fire. You need to make sure that your pot is on level ground. Having it on level ground could cause it to sip over once you place the turkey inside. Another issue would be what type of surface are you putting it on. That today is *** wooden surface. We wouldn’t want you to do that if you had it on wood again. If the fire comes over, you’re going to catch the wood on fire. You prefer to have it on level dirt or level concrete at least 10 ft away from your home, and that includes any overhang. You don’t want *** fire to catch an overhang on fire, so make sure that you’re away from any overhangs and away from your structure. So once you have the proper location, the proper preparation of your turkey, including the level of your oil, you’re able to start and when you are. You should, I should add, you should also have *** means of extinguishing *** fire should won’t occur. We have *** fire extinguisher there. You should always have *** fire extinguisher nearby in case you do have *** fire. So now you’re prepared to start. You set your turkey in carefully. You monitor and bring it out. You should be OK. You should not have any issues. Today our demonstration is going to show you how to do it wrong. We’re not going to show you any of the right ways to do it. We’re going to show you the opposite because that is our common problem. This turkey is going to overflow. The pot, the oil is going to run over the sides of the pot. You’re going to see exponential growth of fire because typically people are doing it with *** frozen turkey or *** turkey they haven’t dried off the surface area to, and you’re going to see that water being introduced to the oil which causes an explosive fire. You’ll probably see damage to the siding, which is very common because that heat will melt siding and could catch it on fire. So again, what we are showing today is the improper way. So hopefully people will use that example to take their it’s *** pretty dynamic example to take it away from the building. That’s *** great question. *** garden hose would not be the way to put out *** fire like this. You’re adding water to oil. Water and oil fires do not mix. It is not the correct way to put out *** fire. You should use an ABC fire extinguisher if you can. That’s the dry chemical fire extinguishers. Most homes have those and do it from *** distance if you feel safe. Using *** fire extinguisher is *** band-aid, if you will, to put on fire. If you’re able to and you feel safe and you have *** means of escape, please use your fire extinguisher and try to put the fire out. But I would immediately call 911 because if your extinguisher doesn’t work, you’re delaying the assistance of resources. One of the things I know that we use *** lot of different types of oil that be taken into consideration with our fire prevention. Well, I think everyone should be careful with oil they use. I know there are many different types of oil that are used by people. I do not have *** preference for you, just that the temperature stays 350 degrees and not beyond that. It’s the best recommendation. I didn’t want to have any other questions. I’m glad you. All right, I utility, yup. Just before we light up the turkey, we also have *** representative from Orange County Utilities, Milton Rodriguez, who’s going to speak about how to properly dispose of your oils, fats and greases after you safely fry your turkey. Thank you and good morning. My name is Milton Rodriguez. I’m the environmental supervisor for Orange County Water Reclamation Division. OK. And as we approach this holiday season for Thanksgiving, *** time for family, friends, and celebration, I’d like to remind you about something we often don’t think about. Which is fog. Which stands for fats, oils, and grease. Every year when you safely fry your turkeys, your casseroles, and those rich dishes. People tend to flush all of their leftover grease down their kitchen sinks. And over time This, it might not seem like *** big deal, but this grease cools and after it cools, it hardens inside of your plumbing pipes. And over time sticks to the walls of your sewage pipe and and attract food particles, food waste, and create serious clogs. In fact, The worst time for sewage blockups. Is the day after Thanksgiving. which has been deemed by social media. As #brownFriday. The results can be slow drains. Unpleasant odors and sewage backups. And no one wants to deal with this during the holiday season. So this is some things that you could do to help. Can it, cool it, and trash it. Pour used oil and grease into cans and disposable containers. Let it cool and dispose of it in your garbage cans. Wipe before you wash. Take paper towels, wipe excess grease off your pots and pans before rinsing. If we keep fats, oils in Greece out of our drains. We protect our home Our environment And our community So this Thanksgiving, remember. Don’t pour leftovers down the drain. Save them for the trash. Not your pipes. I’d like to thank you. Have *** blessed holiday. I thought OK, we’re gonna transition to the demonstration now, so I guess we can move these out of the way. Yeah. Take the phone to the side. Thank you, Jerry. I appreciate the uh same. OK, hold on, hold on. Yeah. You ready? Not yet, not yet. OK. We’re good. We’re good. OK. OK, one more time. Yeah Success, yes.

    WATCH: Fire department demonstrates dangers of frying turkey this Thanksgiving

    Updated: 4:11 PM EST Nov 21, 2025

    Editorial Standards

    Cooking fires are the primary cause of home fires and associated injuries nationwide, according to the Orange County Fire Rescue Department.On Friday, firefighters conducted a live demonstration showing what happens when a frozen turkey is dropped into overheated or overfilled oil. The oil quickly boiled over and ignited, sending a large fireball into the air.As Thanksgiving approaches, the OCFRD is highlighting the dangers of frying turkeys. Firefighters say they see the same dangerous mistakes every year.“It’s a common thing that people do in the community to fry their turkeys, but there are a lot of hazards and threats,” Acting Division Chief William Farhat said.When a frozen turkey is dropped into an overloaded hot oil fryer, it can cause oil to spill and create a fire risk.This can result in severe burns, property destruction and even explosions if flammable materials are involved, according to the OCFRD.Officials recommend frying a turkey at 350 degrees, ensuring the bird is fully thawed and dried, and never pouring leftover oil down the sink. Improper preparation, especially using a partially frozen turkey, can create an explosive fire reaction.“Typically people are doing it with a frozen turkey or a turkey they haven’t dried out, which causes that explosive fire effect,” Farhat said. This can prevent clogged household pipes and damage to the sewer system.Orange County Utilities officials also attended the event to share guidance on safe disposal of fats, oils and grease to prevent clogged pipes and sewer damage during the holiday season.The demonstration was held at the Orange County Fire Rescue Training Facility.As families prepare for Thanksgiving, OCFRD hopes the dramatic visual serves as a reminder to stay safe and out of the emergency room.

    Cooking fires are the primary cause of home fires and associated injuries nationwide, according to the Orange County Fire Rescue Department.

    On Friday, firefighters conducted a live demonstration showing what happens when a frozen turkey is dropped into overheated or overfilled oil. The oil quickly boiled over and ignited, sending a large fireball into the air.

    As Thanksgiving approaches, the OCFRD is highlighting the dangers of frying turkeys.

    Firefighters say they see the same dangerous mistakes every year.

    “It’s a common thing that people do in the community to fry their turkeys, but there are a lot of hazards and threats,” Acting Division Chief William Farhat said.

    When a frozen turkey is dropped into an overloaded hot oil fryer, it can cause oil to spill and create a fire risk.

    This can result in severe burns, property destruction and even explosions if flammable materials are involved, according to the OCFRD.

    Officials recommend frying a turkey at 350 degrees, ensuring the bird is fully thawed and dried, and never pouring leftover oil down the sink. Improper preparation, especially using a partially frozen turkey, can create an explosive fire reaction.

    “Typically people are doing it with a frozen turkey or a turkey they haven’t dried out, which causes that explosive fire effect,” Farhat said.

    This can prevent clogged household pipes and damage to the sewer system.

    Orange County Utilities officials also attended the event to share guidance on safe disposal of fats, oils and grease to prevent clogged pipes and sewer damage during the holiday season.

    The demonstration was held at the Orange County Fire Rescue Training Facility.

    As families prepare for Thanksgiving, OCFRD hopes the dramatic visual serves as a reminder to stay safe and out of the emergency room.

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  • Trump Administration Announces Plan For New Oil Drilling Off The Coasts Of California And Florida – KXL

    WASHINGTON (AP) — The Trump administration announced on Thursday new oil drilling off the California and Florida coasts for the first time in decades, advancing a project that critics say could harm coastal communities and ecosystems, as President Donald Trump seeks to expand U.S. oil production.

    The oil industry has been seeking access to new offshore areas, including Southern California and off the coast of Florida, as a way to boost U.S. energy security and jobs. The federal government has not allowed drilling in federal waters in the eastern Gulf of Mexico, which includes offshore Florida and part of offshore Alabama, since 1995, because of concerns about oil spills. California has some offshore oil rigs, but there has been no new leasing in federal waters since the mid-1980s.

    Since taking office for a second time in January, Trump has systematically reversed former President Joe Biden’s focus on slowing climate change to pursue what the Republican calls U.S. “energy dominance” in the global market. Trump, who recently called climate change “the greatest con job ever perpetrated on the world,” created a National Energy Dominance Council and directed it to move quickly to drive up already record-high U.S. energy production, particularly fossil fuels such as oil, coal and natural gas.

    Meanwhile, Trump’s administration has blocked renewable energy sources such as offshore wind and canceled billions of dollars in grants that supported hundreds of clean energy projects across the country.

    Even before it was released, the offshore drilling plan met strong opposition from California Gov. Gavin Newsom, a Democrat who is eyeing a 2028 presidential run and has emerged as a leading Trump critic. Newsom pronounced the idea “dead on arrival” in a social media post. The proposal also is likely to draw bipartisan opposition in Florida. Tourism and access to clean beaches are key parts of the economy in both states.

    Plans to allow drilling off California, Alaska and Florida’s coast
    The administration’s plan proposes six offshore lease sales between 2027 and 2030 in areas along the California coast.

    It also calls for new drilling off the coast of Florida in areas at least 100 miles from that state’s shore. The area targeted for leasing is adjacent to an area in the Central Gulf of Mexico that already contains thousands of wells and hundreds of drilling platforms.

    The five-year plan also would compel more than 20 lease sales off the coast of Alaska, including a newly designated area known as the High Arctic, more than 200 miles offshore in the Arctic Ocean.

    Interior Secretary Doug Burgum said in announcing the sales that it would take years for the oil from those parcels to get to market.

    “By moving forward with the development of a robust, forward-thinking leasing plan, we are ensuring that America’s offshore industry stays strong, our workers stay employed, and our nation remains energy dominant for decades to come,” Burgum said in a statement.

    The American Petroleum Institute said in response that the announced plan was a “historic step” toward unleashing vast offshore resources. Industry groups have pointed to California’s history as an oil-producing state and say it already has infrastructure to support more production.

    Opposition from California and Florida
    Sen. Rick Scott, a Florida Republican and Trump ally, helped persuade Trump officials to drop a similar offshore plan in 2018 when he was governor. Last week, Scott and fellow Florida Republican Sen. Ashley Moody co-sponsored a bill to maintain a moratorium on offshore drilling in the state that Trump signed in his first term.

    “As Floridians, we know how vital our beautiful beaches and coastal waters are to our state’s economy, environment and way of life,” Scott said in a statement. “I will always work to keep Florida’s shores pristine and protect our natural treasures for generations to come.”

    A Newsom spokesman said Trump officials had not formally shared the plan, but said “expensive and riskier offshore drilling would put our communities at risk and undermine the economic stability of our coastal economies.”

    California has been a leader in restricting offshore oil drilling since the infamous 1969 Santa Barbara spill that helped spark the modern environmental movement. While there have been no new federal leases offered since the mid-1980s, drilling from existing platforms continues.

    Newsom expressed support for greater offshore controls after a 2021 spill off Huntington Beach and has backed a congressional effort to ban new offshore drilling on the West Coast.

    A Texas-based company, with support from the Trump administration, is seeking to restart production in waters off Santa Barbara damaged by a 2015 oil spill. The administration has hailed the plan by Houston-based Sable Offshore Corp. as the kind of project Trump wants to increase U.S. energy production as the federal government removes regulatory barriers.

    Trump signed an executive order on the first day of his second term reversing Biden’s ban on future offshore oil drilling on the East and West coasts. A federal court later struck down Biden’s order to withdraw 625 million acres of federal waters from oil development.

    Environmental and economic concerns over oil spills
    Democratic lawmakers, including California Sens. Alex Padilla and Rep. Jared Huffman, the top Democrat on the House Natural Resources Committee, warned that opening vast coastlines to new offshore drilling would hurt coastal economies, jeopardize national security, ravage coastal ecosystems, and put the health and safety of millions of people at risk.

    “With this draft plan, Donald Trump and his Administration are trying to destroy one of the most valuable, most protected coastlines in the world and hand it over to the fossil fuel industry,” Padilla and Huffman said in a joint statement.

    One disastrous oil spill can cost taxpayers billions in lost revenue, cleanup costs and ecosystem restoration, they said.

    Joseph Gordon, campaign director for the environmental group Oceana, called the Trump administration’s latest plan “an oil spill nightmare.”

    Coastal communities “depend on healthy oceans for economic security and their cherished way of life,” he said. “There’s too much at stake to risk more horrific oil spills that will haunt our coastlines for generations to come.”

    Jordan Vawter

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  • Enbridge $1.4 Billion Project Aims to Boost Canadian Oil Flow to U.S. Refineries

    Pipeline operator Enbridge ENB 0.51%increase; green up pointing triangle will push ahead with a $1.4 billion expansion of its core network to boost deliveries of Canadian heavy oil and reach key refining markets in the U.S. Midwest and Gulf Coast.

    The Canadian energy company said Friday it reached a final investment decision on the first phase of a project to optimize its Mainline network, which is forecast to add egress capacity from Canada that will support increased production in the country and connect with what it described as the best refining markets in North America.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    Robb M. Stewart

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