U.S. Secures Venezuela Oil Deal

Trump says the U.S. reached a 25-year deal for access to Venezuelan oil reserves.

•Center & Right

Rep. Maria Salazar Blasts Trump’s Venezuela Oil Deal — Then Suddenly Changes Her Mind * The Gateway Pundit * by Ben Kew

Trump’s Oil Grab Reprises Oil Industry’s Neocolonial Past

Trumps says Venezuelan oil will fill up' U.S. petroleum reserve - UPI.com

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Analysis & opinion

The reporting

A neutral summary of the key facts most outlets agree on, drawn from reporting across the political spectrum.

President Donald Trump said Aug. 28 the U.S. had reached an agreement with Venezuela giving Washington control of 65 billion barrels of oil reserves across 17 fields. Venezuelan interim President Delcy Rodríguez said the deal would run 25 years, target crude output of 1.5 million barrels per day and preserve Venezuelan ownership of the resources. Secretary of State Marco Rubio said it could bring nearly $100 billion in private investment. Trump said he plans to use Venezuelan oil from the deal to refill the Strategic Petroleum Reserve.

Analysis & opinion

The arguments that emerged from this coverage — built only from the analysis and opinion pieces, never from straight reporting. Each dot is one article, placed by its outlet's bias — left to right. How to read our graphics →

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Sovereignty violationMostly Center

Trump’s Venezuela oil arrangement amounts to the United States taking control of another country’s resources for its own benefit. It raises grave sovereignty concerns and looks less like a normal oil deal than a neocolonial resource grab.

Energy security gainLeans Right

Trump’s Venezuela oil deal would strengthen U.S. energy security by adding to available reserves and expanding Washington’s leverage over oil supply. It is a corrective to Biden’s handling of the Strategic Petroleum Reserve and could improve America’s position in global oil markets, even if consumers do not see immediate relief at the pump.