Secretary of State Marco Rubio has quietly been the lead on this initiative. The discussions with Venezuela were working along slowly in the background as the negotiations with Canada on trade were proceeding. Today, Canadian oil is replaced.
BREAKING NEWS: The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY! At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer.
This Historic Transaction MORE THAN DOUBLES American Oil Reserves, greatly increases our Oil Supply, and will substantially lower Gas Prices for all Americans, long into the future, while helping to continue to set Venezuela on a course toward Tremendous Success and Great Prosperity. This Transaction will greatly strengthen the already growing relationship between Venezuela and the United States! Thank you for your attention to this groundbreaking matter. MAKE AMERICA GREAT AGAIN!
No need for President Trump to mention Canada, the message is clear. We can now reverse those north-south pipelines and pump heavy Venezuela crude oil north into U.S. refineries for transition into Canadian fuel.
If the USA no longer needs oil from Canada, but Canada relies on fuel from the USA…. Well, how does that energy leverage work out?
Danielle Smith has no idea what’s coming.
Tariffs and counter-tariffs are harmful. They disrupt businesses, threaten jobs, drive up inflation and strain the relationship between Canada and the United States.
Threatening to cut off or tax Alberta’s energy is not the answer. It would devastate Alberta’s economy, hurt… pic.twitter.com/KooW72ZZUc
— Danielle Smith (@ABDanielleSmith) August 26, 2026

And Chevron will use this windfall to continue firing people in Houston and moving all operations (except their headquarters of course) to India.
Please, Sundance, somebody needs to shine a spotlight on what our oil and gas companies are doing right now.
We do know they’ve been gouging with record double triple quadruple profits
This is a big way they’re doing it. Chevron even brags about it on their website. It’s a major disaster waiting to happen and nobody is doing anything about it.
Chevron will be spending major amounts of money drilling this oil. Much of it coming back to the U.S. I don’t see that as a disaster for America or the Venezuelan people.
How do we know that again? Exactly?
I’ve owned Cbevron for years. Seems okay to me. They stuck it out when everybody else bailed out. Sucks to be them…
Let the guy cook.
Def will SD. He called them all out a few weeks ago, asking for DOJ inquiry on the prices staying artificially high when they should be much lower
In SW AR, I paid $4.9999 a gallon for gasoline today…. 🙁
I paid 3.40
You must be in one of the rare hot spot areas – most of AK is under $4.
https://www.gasbuddy.com/gaspricemap?lat=34.12153973296724&lng=-91.21194101724262&z=8
Norte AR, Arkansas, AK, Alaska. Typo I’m sure.
All of AK is above $4/gallon.
You can only refine so much in the US. Greenies have blocked refineries for years. California closed their so they have to import gas. Stupid is as stupid does…
Yup. Ta frickin Da.
you are exactly right we went through this in the 50s and the 60s and then the damn communists came in took over. looks like the shoe is on the other foot now.
Jeff says something similar: Let the man work. (LTMW)
It’s not over. PDJT is in the midst of a global realignment and takedown of the worst elements. Increasing amounts of Venezuelan crude is going to exert downward pressure on pump prices by mid-fall.
Think about how high gasoline prices would be if this were a second term under “All Electric” Biden & the DemoCraps… (if you could even GET gasoline or diesel).
Bicycles.
I live 9 miles from the nearest grocery store. Bicycles, my ass!
You would need an adult tricycle with the large baskets…lol
Or an E-trike. 😎
Ok. You’d be using an E-bike. 😎
Gasoline prices would be the least of it.
Electric trucks would have 1/2 to 1/4 the load capacity and take much longer to “fuel” up compared to a diesel truck, and still be more expensive yet even with higher diesel prices.
I do not need to elaborate too deeply on what what means for most of everything that is bought and sold on any shelf in every store out there.
Diesel goes double for food costs when you also figure the fuel used for tractors, combines, etc.
The amount of increased production from VZ, even by Q1 2028, is negligible.
They don’t have the export facilities nor the ability to increase production to move the needle more than pennies per barrel on commodity prices.
Well, that is a short 18 months from now.
And, just ahead of the 2028 election cycle.
Imagine for just a second what that means for crushing the democrat hopes at the polls.
If you can.
It would be a literal nightmare and an Obamanation if Kamalala the laughing hyena was occupying the White House right now!
Gollie G Willikers…
You are an internet petrol chemical refining and management expert!
Bless your heart.
Chevron employees just got a month’s pay as a bonus. This happened out of the blue and wasn’t advertised. 😀 For a large chunk of employees in Houston, it’s a well-earned $20k+
Yes, some workflows are moving to India. But it’s freeing Chevron employees’ time up to do more important things.
Carney will be crushed when he gets up oily tomorrow morning.
Fantastic Betsy
😂🤣.
DD
why are both teams wearing road whites? Stupid ai.
Check!!!
Classic Betsy jones. 🎯😂
Oh Betsy, that’s a home run! Yeah, I know, it’s hockey, but……….
Brilliant! 👏👏👏👏👏
Oily to bed….🤣
Wordman must have something to say about this
Does this mean we can be proud of the Citgo sign again?
“This Historic Transaction MORE THAN DOUBLES American Oil Reserves, greatly increases our Oil Supply, and will substantially lower Gas Prices for all Americans, long into the future, while helping to continue to set Venezuela on a course toward Tremendous Success and Great Prosperity.”
Would not buy at Citgo stations after Chavez oil grab.
Illuminati symbolism also gives pause for thought…
Thare she blows!!!!!
Are we not whaling men….?….’
Why is it that I feel Carney(et al) prolly applauds this to punish Alberta?
You would think though, but the arsewipe needs Alberta and Saskatchewans revenue to fund his welfare programmes in Quebec and the Maritimes.
we in Canadians that are not privileged with the insights at TCTH are in for a shock.
Cheers!
I love our GEOTUS, but calling it US oil reserves is very aggressive. Can’t he just say “have entered into an exclusive supply arrangement?”
Plenty of opposition still in Venezuela and that will give credence to the American Imperialist narrative.
I love the outcome. Sometimes sugar is better than vinegar.
It’s the whole argument, but pretending is easy for many
Pretending not to know things is what global, leftist, communist, green POS do best. And the Canadian government and their offspring, the MSM, do it best.
President Donald J. Trump does things his way and here’s a song that I think defines him well.
If you listen to the lyrics that would be CONgress trying to steer him away from what he really wants to do……Like save our F*ing country.
Perhaps Canada will have to increase refineries and total capability and capacity in any event holding Canadian oil dependency on USA seems to be ending and reversing…..Eastern Canada depends on oil imports….
Alberta has big decisions looming ahead.
Funny, don’t hear much about Mexico anymore….
They have the capacity out west. The problem is they have no way to get it there efficiently..
And….
Cuba has no
black market oil.
Not just oil, check these out:
Brazil, U.S. seek to resume trade talks amid scheduling hurdles
and
Brazil Potash wins key court ruling on $2.5B project – MINING.COM
BOOM!
I feel weepy with joy.
Go f yourselves, Charles and crew. Let’s not forget the Chicommunist Agitator and possey of Global Ghouls.
Dam.
Amen Ma Kettle, from your lips to Lucifer himself……or is it herself since the demons think they can transgender themselves?
Way too many in our country now.
Alberta should petition the US for statehood.
No thank you.
I second your motion…
Good luck.
Are you outta yer mind?
Mic drop.
Mic Jagger
Canada needs to crash and burn along with the globalists in Europe and the UK.
It’s political class, it’s government-paid media, the Boomer generation who were hippies in the late 60s, and keep voting Liberal.
They all need their faces rubbed in reality.
I was born in Canada in 1949, and I want to live long enough to see them get what’s coming to them.
They have always had that smug, morally superior anti-American attitude.
“They have always had that smug, morally superior anti-American attitude.”
Yes they do, they can’t stand us.
Why we give great deals, the BEST Deals they tell us, why we give people that can’t stand us the best deals is beyond me.
These Socialist leeches that suck off the American taxpayers and then do nothing but trash talk us, they can all go pound sand, we’re done.
They have bitten the hand that feeds them for the last time.
Sorry, Danielle, but this is what your buddy Carney wanted. He affirmatively wanted to hurt US citizens, in an effort to manipulate our upcoming mid-term elections. Perhaps the blow-back from Carney’s scheme will, instead, affect Canadian elections, eh?
I do not want to see us accept any part of Canada as a State! What we do need is to replenish our Strategic Oil Reserves at a much lower cost per barrel.
Kind of off topic, but why are individual State taxes on gas so stinking high?
In WA it’s “climate tax” to fight the “change”.
But it ends up in the general fund…
It all ends up in the GF and now some taxes have the automatic COLA increase every year.
Thanks Gov Bob
Two idiot governors in a row. And they weren’t that great before.
The climate will be changing soon in SC from summer to fall. But I don’t think we are taxed for that here!
I’m in the firm NO column as well.
Oh & it’s Tax & spend, spend, spend, that’s why.
I’m a firm NO WAY myself.
We do not need the mess that Canada is, in any way, shape, for form.
We have enough of our own mess to clean up.
Probably because a number of States use the fuel excise taxes for everything but highway & road maintenance or upgrades.
Essentially a slush fund.
Because they can get away with it.
Some States way worse than others 😎
CA highest at 73.6 cents a gallon, followed by IL at 70.4 and Indiana (?!) at 63.1.
Lowest are AK at 8.95, Hawaiian 18.9 (?!), and NM at 18.9.
Here in TN we get charged 27.4 cents.
In some states it’s sold as a “road improvement/road maintenance tax.” But it doesn’t always make it past the statehouse coffers.
Don’t know if it’s true but I just heard that Trump has renamed the San Andreas Fault to Gavins Fault. 🙂
With Biden as the middle name.
Blame that also on a Tectonic shifty Shift
At least there’s something that’s not Trump’s fault! LOL
I am truly saddened for all the Canadians who have fought this leftward slide and are now stuck in the madness. We were so close to that precipice ourselves.
Thank you! We are a resilient lot, many like me never took the poison jab.
We will do fine..Cheers!
It has to be this way. This pain will be redemptive. I wish more Canadians would desire to be free from the oppressing “CROWN” but I believe our freedom will come through God’s blessing on President Trump. Americans had to endure the BIDEN years; we can endure this correction (judgment) from the Lord on our nation, because HE does have a purpose for Canada.
No light shines between the royals and the globalists. Our existential battle is, and should be, with the Commonwealth. It is not Canada or the Canadian people. Carney’s allegiance is to them, not Canada.
The Commonwealth is on the globalists’ leash. For them, Americans, our liberty and our Constitution is all that stands between them and global governance.
Is there a Lloyds hiding in your closet?
naw – hidden hand
A radical proposition, common sense, or both?
For America it seems that’s who Trump is squared off against.
For Canada, it may be both. The Commonwealth has decided that sacrificing the Canadian economy is a price worth paying to stop Trump. Have Canadian patriots had enough? I do not know.
Here’s how to abolish the monarchy in Canada (and say goodbye to King Charles)
Canada has all the tools to make this happen in a relatively short time, in an orderly and respectful manner, without damaging our institutions.
https://policyoptions.irpp.org/2023/05/abolish-monarchy-goodbye-charles/
What about the Alaska pipeline? Would Canada try to tariff that or shut it down?
The TAP (trans Alaska pipeline) ends at Valdez Alaska and does not cross Canada. It is entirely within the state of Alaska.
Sorry, I was confused. I was thinking of the gas coming thru BC
The Alaska Highway Gas PipelineThe Alaska Highway Gas Pipeline project is a natural gas pipeline system for transporting natural gas from Alaska’s North Slope to the lower 48 states, through Yukon, British Columbia, Alberta and Saskatchewan. The pre-build, completed in 1982, currently transports gas from Western Canada to American markets in the West and the Midwest. The northern portion would connect the reserves at Prudhoe Bay, Alaska with existing Alberta infrastructure. About 1,555 km of this route would be located in northern Canada, passing through numerous communities in both Yukon and northern B.C.
The pipeline in Alaska is completely in Alaska. Runs from the Arctic down to the Pacific.
https://alyeska-pipe.com/trans-alaska-pipeline-system-taps-overview/
Sounds like it needs oil from ANWR.
The legal fight goes on.
https://eelp.law.harvard.edu/tracker/arctic-national-wildlife-refuge-oil-and-gas-development/
there’s gotta be a way Trump gets a 3rd 4 year term
he’s certainly earned it
thinking, thinking…
Yah, elect Eric Trump.
The simplest strategy is to run as VP with JD or Marco. Then he runs as the stealth president or one of those gentlemen gets a huge golden parachute to suddenly retire for “health” reasons (wink, wink) and he truly gets a third term
as President.
I understand, but give the man a break!
He’s 80yo! He’s got to be running as a mission from God.
He is mentoring his replacement, and will leave us on the right trajectory to yhe best of his ability. But Americans need to re-engage and complete the task of savingbour country.
DANIELLE SMITH also has her own set of puppet masters. Alberta would like to be free, but the “British System” – is relentless. Canada is being used to influence the mid terms – and all of Canada will pay for this growing HYDRA (Globalism; Communism; and Islamism) on our soil.
Thank you again President Trump for standing up for the “American System” of national sovereignty; servanthood in working for the best in your country; acknowledging that all CLAY is to WORSHIP the POTTER and not “out of control governments” – and you have a Canadian blessing to make VENEZUELA GREAT AGAIN!
I see the comments below this. Not many understand the oil & gas industry.
Very true.
“We can now reverse those north-south pipelines and pump heavy Venezuela crude oil north into U.S. refineries”
as of today, or what would we estimate is the time-frame before it is live and running?
4 years, assuming they can get excess tankers to take those short, poor-paying routes.
Canada’s goose is cooked.
I said yesterday Trump was trolling the MSM with this “Lake of America” stuff. He was. REAL work was done in Venezuela which DOUBLED the U.S. oil reserves instantly. Gas prices will fall, and keep falling, in time for the midterms.
What a deal for America! Only Trump could’ve pulled this off. The Maduro capture made it possible.
This has been a well thought out plan many, many months in the making. Democrat heads are going to explode. Trump gets a massive win and they didn’t even see it coming.
I love it!
This is nowhere near doubling our proven reserves.
As a, major oil and gas investor with many friends in the business, This argument of price gouging is ridiculous.
How many years do these big oil and gas companies lose money.? Chevron is making the majority of its money on refining, because of capacity supply and demand metrics. Crack spreads are typically $25 and now they’re $45 per barrel. What that means is the refining process makes an $80 barrel of oil cost $125 once broken down in diesel, jet fuel, gasoline, and other distillates.
The Alberta pipeline West, and significant Venezuelan replacement of Canadian oil are at least 3 to 4 years away.
I think this could be an impetus to Albertan independence. But since they have to run the pipeline west through Canadian territory, it could be a no-win situation for them via toll rates. I believe Enbridge will build and operate it.
Agree 100%. There are a thousand oil producers in the world and if any of them could make an extra $ pumping a barrel, they would.
O-H.
See you in Austin in 2 weeks?
We’ll be there.
Could they build it underwater?
Run it through British Columbia or Montana
Does anyone know the background story with Venezuela? I know that they nationalized a bunch of American assets and I think when Trump says “no cost to Americans” it means Venezuela has agreed to give us oil instead of cash for all of the damage they did to US production companies.
Right?
Canadian oil is sour. So is Venezuelan. The same refineries should be able to handle the switch
CAN is so eff’d…
My feeling is don’t blame Smith as she has a referendum to move out of Canada coming up. There is NO way Carney and the globalists are going to let their only gold go, but…
LOL!
Screw Canada. We don’t need their stinking oil and we sure as heck don’t need their bull$h!t.
Ha!
Set aside President Reagan for a moment.
When was the last damn time a President actually did the job they were elected to do?
Look out for, and take care of, our country and her people!!!
Ike.
Joe blow won’t care unless gas prices go down.
Combine the New York Yankees of the ‘50’s, the Boston Celtics of the 60’s, the ‘72 Miami Dolphins, the Chicago Bulls of the ‘90’s, and the Tom Brady era of the Patriots.
Mix well.
And that, my friends, equals the Donald Trump winning streak!
WINNING!!
So, if this deal was in the works anyway, where would the Canadian oilpatch have fit into the overall scheme? If the Venezuelan is so cheap/lucrative then what king of pricing would be placed on the relatively expensive-to-extract Canadian product? Lot of questions, I wonder if these were being discussed or asked during the trade discussions? Why are we just hearing now? It sounds as if Alberta is destined to be in a very junior partner position long term no matter what.
I think she definitely knew what was possible. She laid it out pretty well. It was just too late.
Waving bye bye Canadian Government, I like Canadian people, too bad for the latter!
Canadian Broadcasting Corporation tells staff not to refer to 9/11 as ‘terrorist attacks’
komonews.com/news/nation-world
WHAT THE “H”?! It was a terrorist attack, plain and simple—and I cannot even begin to wrap my head around media organizations playing word games with a tragedy of this scale. Hearing that anyone would instruct staff not to call 9/11 a terrorist attack feels like a complete slap in the face to the thousands of innocent lives stolen, their grieving families, and the brave first responders who ran straight into burning buildings without a second thought.
What happened on September 11th burned a scar into our collective hearts forever. It wasn’t just a series of random “incidents,” “tragedies,” or simple “plane crashes”—it was an act of pure, calculated terror designed to destroy lives and tear us apart. Stripping away the word **”terrorist”** doesn’t make reporting objective or neutral; it actively strips away the dignity of the victims, minimizes the magnitude of our shared pain, and tries to rewrite history to fit a style guide.
You cannot sanitize evil, and you cannot edit out the reality of what we all lived through. Refusing to name what happened for what it truly was dishonors nearly 3,000 lost souls and every single hero who gave everything that day. We made a sacred promise to **NEVER FORGET**, and keeping that promise starts with having the courage and integrity to speak the plain truth.
FAFO says it all. Canada is Fk’d. Why do idiots let the Trumpster kick their ass so easily??
Not tired of winning!
PBR (not Pabst blue ribbon, it’s a stock symbol) is currently and in the future, going to drive down worldwide oil prices in the next decade more than any domestic production could. They are adding refinery capacity, drilling new wells for themselves, drilling for Columbia, and reviving Mexico‘s Pemex oil production.
The real endgame is allowing the entire western hemisphere to have cheap energy, independent of the ME. VZ will be back up to speed in a decade or slightly less.
Reversing the pipes to CA still doesn’t solve the issue of transport within CA. With their economy collapsed, there will also be reduced demand. This VZ situation is just a hedge.