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Trump's Texas Plan: Refine Venezuelan Oil to "Build Their Disaster" Country

US President Donald Trump announced a plan for the United States to refine Venezuelan oil in Texas for global export, claiming it will profit both nations and help rebuild Venezuela. He stated the arrangement is popular in Venezuela and highlighted that hundreds of thousands of barrels of crude are already being exported. This follows the U.S. capture of former Venezuelan leader Nicolas Maduro and his wife on drug-related charges earlier this year. Trump had previously asserted Washington would need "total access" to Venezuela's oil during a transitional period.

Key Points: Trump: US to Refine Venezuelan Oil in Texas for Export

  • US to refine Venezuelan crude in Texas
  • Plan touted as mutually beneficial
  • Trump cites "great relationship" with current government
  • Follows capture of former leader Maduro
  • 360,000 barrels of Venezuelan oil already in tanker
2 min read

"Will help build their country, which was a disaster": Trump says US will refine Venezuelan oil

President Trump announces US will refine Venezuelan oil in Texas, promising to help rebuild Venezuela and calling the arrangement beneficial for both nations.

"We'll help build their country again, which was a disaster. - Donald Trump"

Texas, February 28

US President Donald Trump on Friday said the United States will refine Venezuelan oil in Texas for export, calling the plan beneficial for both nations and promising to help "build their country, which was a disaster."

Addressing a gathering in Texas, Trump said, "For the benefit of both our nations, we're going to refine their oil right here in America and right here in Texas and then export it all over the world. We're going to keep some for ourselves. We're going to give some to them, and they're going to make more money than they've ever made before. We'll help build their country again, which was a disaster. And we're going to build it up, and we're going to benefit also."

Trump said he has a "great relationship" with the current Venezuelan government, highlighting rising crude oil exports, calling the arrangement beneficial for both countries. "We're going to be doing a lot. We're having a great relationship with their government. Has anybody ever witnessed anything so beautiful, so decisive, and so popular with the people of Venezuela? It was very popular. In fact, 360,000 barrels of Venezuelan crude are right now sitting in the tanker on my left," he said.

"Crude oil exports are up by hundreds of thousands of barrels a day. Venezuela, think of it, 80 million so far. We just started 80 million barrels of fuel. That's what we've taken. And it's great for Venezuela, and it's great for us. And with our new friend and partner, Venezuela, we're going to do a lot of other things," he said.

It comes after on January 3, the US launched a "large-scale strike" in the South American country, which led to the capture of its leader, Nicolas Maduro and his wife, Cilia Flores.

Maduro and Flores were flown out of the country in a joint operation involving intelligence agencies and US law enforcement. They were indicted on charges of alleged "drug trafficking and narco-terrorism conspiracies" in the Southern District of New York and are currently facing trial.

After Maduro's capture, Trump had made it clear that Washington would "run" Venezuela during a transition and needs "total access to the oil and to other things in their country."

Delcy Rodriguez assumed the presidency following the US military's capture of Maduro and his wife.

- ANI

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Reader Comments

P
Priyanka N
The US always finds a way to benefit from other nations' resources. First they remove the leader, then they talk about partnership. Venezuela's oil wealth should be for Venezuelans first. This feels like a takeover, not help. 🤔
A
Aman W
From an energy security perspective, this is smart for the US. They secure supply and create jobs in Texas. But the moral question is huge. You can't invade a country, capture its leaders, and then call it a "great relationship." The hypocrisy is stark.
S
Sarah B
As someone who has followed the crisis, the people of Venezuela have suffered immensely under Maduro. If this deal brings economic relief and rebuilds infrastructure, it could be a positive step. The execution and fairness will be key.
V
Vikram M
"We'll help build their country" – sounds familiar? Strong nations often use this language while extracting resources. Hope Venezuela gets a fair deal, not just scraps. Their oil, their wealth. The terms must be transparent.
K
Kiran H
This is pure realpolitik. America needs oil, Venezuela has it, and now America has the leverage. It's business, wrapped in the language of aid. Let's not pretend otherwise. The new Venezuelan president seems to be in full agreement, for now.

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