Topic

US courts Venezuelan oil investment

2m

U.S. Energy Secretary Chris Wright visited Caracas and pledged Washington would seek a dramatic increase in Venezuela’s oil production by courting investment, while refusing security or financial guarantees.

Reposted by Ricardo Hausmann

16%

Reposted by Benjamin Braun

9%
In 2022 I pointed out that the plans to build a lot of new crude oil export terminals in the US were misguided as the US would not have the additional oil production that would be needed to justify building them.

Trump just approved them. But they aren't being built. As expected.
U.S. officials boast about new Gulf of Mexico oil‑exporting sites—yet no one appears ready to build them. - News
The Trump administration highlighted the Feb. 3 licensing of the Texas GulfLink deepwater crude‑export terminal, claiming it restores “maritime dominance” and
news.tosunkaya.com
February 11, 2026 at 6:34 PM