Biden turning to Venezuela for oil, after blockading America’s petroleum industry

True Pundit November 28, 2022

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The Biden administration is set to give Chevron Corp. a license to pump oil in Venezuela, according to The Wall Street Journal.

As part of the deal, Chevron would retain partial control of both production and maintenance for a select set of run-down oil fields it previously had stakes in with Petróleos de Venezuela SA, a state-run oil company in Venezuela, according to the WSJ, citing people familiar with the matter. The deal, which is contingent on certain debts being repaid, would also mean President Joe Biden is continuing to move away from sanctioning the socialist regime.

“We join the international community in welcoming the resumption of negotiations between the Unitary Platform and the Maduro regime,” a National Security Council (NSC) spokesperson told the Daily Caller News Foundation.

The Biden administration has offered to ease sanctions on the Socialist regime after the administration of former President Donald Trump used a “maximum pressure” approach to stop the Venezuelan government from enriching its leaders with resources, rather than its own citizens. – READ MORE

Categories: News

Hot Wire — They Warned You About this Crew 250+ Years Ago

***************************** SUBJECT: HOMELAND SECURITY AND DOD MEETING STAFF: Chief, Deputy Chiefs of Staff, Steven Munoz, Troup Hemenway, and Joseph Guy, Acting Director of ICE, Todd Lyons, CBP Commissioner, Rodney Scott, Liaison Officer, DoD, Philip Hegseth ATTENDEES: Pete Hegseth, Secretary of Defense General Dan Caine, Chairman of the Joint Chiefs of Staff General Gregory Guillot, NORTHCOM…

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Mike August 2, 2025

(FREE) PAINE IN THE MORNING: What you need to know this Monday – November 28, 2022

Here’s what you need to know today, Monday – November 28, 2022. There is also a full, ad-free video podcast of this broadcast available…

True Pundit November 28, 2022

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(PREMIUM) PAINE IN THE MORNING: What you need to know this Monday – November 28, 2022

Here’s what you need to know today, Monday – November 28, 2022. Washington Post busts ‘pandemic of the unvaccinated’ narrative – President Biden repeatedly has scolded Americans who choose not to take the experimental mRNA COVID shots under emergency use authorization, charging they are responsible for a “pandemic of the unvaccinated.” On Wednesday, however, the…

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True Pundit November 28, 2022

Hot Wire — Back to the Future (2008-09) (2020-21) & How to Beat The Man Thru 2035

************* Let’s do an exercise I’m a middle class American. where can I expect to be in 10 years. provide a year by year breakdown what will happen to my assets. I have 400,000 in the bank As a middle-class American with $400,000 in the bank, your position in 10 years (by 2035) will largely…

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Mike September 25, 2025