Crude Power: The U.S. Pivot to Oil and the Future Energy Mix
Visit us at Network2020.org.
The year 2026 kicked off with a massive shake-up in U.S. foreign and energy policy. Through bold action, the Trump administration is signaling its conviction that global power lies in controlling physical energy reserves, such as those in Venezuela, rather than adhering to international climate treaties. By planning to invest billions into fixing Venezuela’s oil infrastructure, the U.S. aims to flood the market with cheap crude oil and push prices down to $50 a barrel. This strategy is designed to weaken foreign oil monopolies in the Western Hemisphere, starve…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.