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Venezuela Offers Trump an Oil Bribe

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Released on Patreon on Jan 7, 2025
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Venezuela’s pseudo-newish-kinda leader, Delcy Rodríguez, just offered President Trump 30-50 million barrels of Venezuelan oil. Let’s just call a spade a spade, because this is an overt political bribe.

Rodríguez is trying to earn Trump’s stamp of approval, so her seat at the table is secured (spoiler alert: she’s no different than her predecessors). But this bribe has some logistical motivation as well. You see, the embargo on Venezuelan oil exports has left storage tanks full. And with nowhere else to store the crude, they either have to get rid of it quick or shut down production.

The US has a legal nightmare on its hands, because isn’t this still sanctioned oil? Are the refineries allowed to accept the stuff? Regardless, this oil bribe can either buy Venezuela some time (and secure a new leader’s seat) or mark the end of Venezuela’s status as an oil producer.
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