According to Gemini AI:
President Trump has recently articulated a multi-layered strategy for Venezuela’s oil, centered on asserting U.S. control over its vast reserves to lower energy costs and reduce the influence of global rivals like Russia and China.
Following the capture of Nicolás Maduro in January 2026, the administration has moved quickly to treat Venezuela’s oil as a strategic U.S. asset. The plan includes the following key pillars:
1. Direct Control and Seizure
The administration has asserted "indefinite" control over Venezuela's oil sales. This began with the seizure of approximately 50 million barrels of crude from sanctioned tankers and storage facilities, valued at roughly $3 billion. The U.S. Department of Energy (DOE) is now acting as the primary marketer for Venezuelan oil, with proceeds being held in U.S.-controlled bank accounts.
2. The "$50 a Barrel" Target
A central goal of Trump’s policy is to drive global oil prices down to approximately $50 per barrel. By revitalizing Venezuela's production (which holds the world's largest proven reserves), the administration intends to create a "Western Hemisphere oil production stronghold" that lowers domestic energy costs for American consumers and businesses.
3. Privatized Rebuilding
Trump has called on American oil giants—such as Chevron, ExxonMobil, and ConocoPhillips—to invest $100 billion of their own capital to rebuild Venezuela's crumbling infrastructure.
* Security Guarantees: He has promised these companies "total safety" and "total security" provided by the U.S. government to protect their investments.
* "Buy American" Mandate: Trump stated that the profits Venezuela earns from these deals must be used exclusively to purchase U.S.-made goods.
4. Geopolitical Strategy
The plan is explicitly designed to freeze out U.S. adversaries:
* Russia & China: The administration aims to end the strategic energy partnerships Maduro held with Moscow and Beijing.
* Global Leverage: By controlling Venezuelan output, the U.S. seeks to reduce European and global dependence on Russian energy.