We're taking over Venezuela's oil!
1. Direct Control and Rebuilding
President Trump confirmed that the U.S. intends to "run the country" until a transition occurs and that American companies will lead the efforts to repair Venezuela's dilapidated energy infrastructure.
- Commercial Involvement: Trump highlighted that the U.S. has "the greatest oil companies in the world" and expects them to be "heavily involved" in rebuilding the sector and "making money for the country".
- Infrastructure Repair: Large U.S. companies are expected to spend billions to fix the infrastructure, which has been "a bust" under Maduro.
2. "Return" of Assets
A central justification used by the administration is that Venezuelan oil and land were "stolen" through nationalization during the Chavez and Maduro eras.
- Asset Reclamation: Vice President JD Vance stated that a primary goal of the operation was ensuring that "stolen oil must be returned to the United States".
- Ownership Claims: Top adviser Stephen Miller recently claimed that because the U.S. "created the oil industry in Venezuela" in the early 1900s, the resources should belong to the U.S..
3. Diplomatic and Economic Strategy
Leading up to the January 3 capture, the administration actively cleared the way for U.S. oil industry dominance:
- Revoking Competitors: Earlier in 2025, the administration revoked the licenses of most international oil companies, leaving Chevron as the only major U.S. player operating there before the strike.
- Ending Negotiations: In late 2025, Trump ordered an end to all diplomatic outreach aimed at negotiating oil access with Maduro, opting instead for military removal to secure those same resources.
- Exclusion of Adversaries: When asked about China's interests in Venezuelan oil, Trump responded that while "they're going to get oil," the U.S. will not "take a chance... of letting somebody else take over" the country's resources.