Feedstock Is Not Fuel: Why Venezuelan Crude Is No Near-Term Fix

Feedstock Is Not Fuel: Why Venezuelan Crude Is No Near-Term Fix

Feedstock Is Not Fuel: Why Venezuelan Crude Is No Near-Term Fix Authored by former CIA officer Larry Johnson My friend, Karl Miller, is out with a great piece that exposes Trump’s claims about Venezuelan oil as a massive case of gaslighting. I am summarizing his piece, which is titled,“Venezuela Oil: The Physical Barrel and the Capital Bill,” because it is not publicly available via a link. On August 27 2026, President Trump announced what he ca…

Venezuelan crude: A strategic asset, not a quick fix for America’s fuel crisis

Venezuelan crude imports to the U.S. have surged to 10% of total imports, the highest level since 2017, as the Strait of Hormuz closure disrupts Middle Eastern supply The dense, heavy Venezuelan crude is ideal feedstock for Gulf Coast refineries built specifically to process such oil, supporting diesel and jet fuel production Despite President Trump’s […]

Feedstock Is Not Fuel: Why Venezuelan Crude Cannot Fix the Diesel and Jet Shortage - LewRockwell

My friend, Karl Miller, is out with a great piece that exposes Trump’s claims about Venezuelan oil as a massive case of gaslighting. I am summarizing his piece, which is titled,“Venezuela Oil: The Physical Barrel and the Capital Bill,” because it is not publicly available via a link. On 27 August 2026, President Trump announced what he called the biggest oil deal in world history — a US–Venezuela agreement giving the United States majority contr…