Trump says Venezuelan oil is already coming into American refineries
Source: USA Today
Jan. 24, 2026, 10:01 a.m. ET
WASHINGTON Venezuelan oil seized by the United States is already being processed at American refineries, according to President Donald Trump.
In a Jan. 23 interview with the New York Post, the president said the oil was "coming into the refineries in Houston, in various places. "Lets put it this way," he said. "They dont have any oil. We take the oil."
Trump said he "wasn't allowed" to disclose the location of seven tankers the American military has taken from the beleaguered Latin American country. Since capturing and deposing Venezuela's leader on Jan. 3 and declaring the U.S. would take over the nation's vast oil reserves, the president has encouraged the heads of major oil companies to invest in rebuilding its energy sector and increase output following years of crippling sanctions.
The administration secured its first sale of Venezuela's oil in a deal worth $500 million, an administration official said this week. Three sources with knowledge previously told USA TODAY that some of those funds would be stored in an account in the Persian Gulf nation of Qatar.
Read more: https://www.usatoday.com/story/news/politics/2026/01/24/donald-trump-venezuelan-oil-new-york-post-interview/88335555007/
ancianita
(43,128 posts)Venezuelan oil has been arriving in the U.S. prior to the felon's attacks. FOR YEARS, Chevron had been operating under a special U.S. license, importing approximately 100,000 to 150,000 barrels per day of Venezuelan crude to the U.S. Gulf Coast.
The feeble minded liar thinks Americans can be fooled.
Only his braindead base can be fooled. Even if you say just one word: Chevron.
GB_RN
(3,522 posts)Is, as I understand it, considered to be heavy, full of sulfur and the predominant distillate is used for asphalt. There arent many refineries capable of handling that type of crude and most of them are not located in the US.
Again, this is what Ive read about it, and if theres any incorrect information here its either from my misunderstanding the article or incorrect information within it.
cstanleytech
(28,266 posts)If so why the hell do we 'need' this oil then at all?