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Trump’s Venezuela oil deal exposed as ‘absolutely disgusting’ grab: analyst

September 4, 2026
in News
Trump’s Venezuela oil deal exposed as ‘absolutely disgusting’ grab: analyst

Will Saletan from The Bulwark unloaded on Thursday about President Donald Trump’s new oil deal with Venezuela — a turn of events that, he said, lays bare how “absolutely disgusting” Trump’s plot has been all along.

Trump, said Saletan, “said it more than doubles American oil reserves … and he wrote this: ‘One of the things I’m going to do with the Venezuelan oil is fill up the strategic national reserves,’” which were depleted severely by Trump’s war with Iran. He claims that this oil is a “gift from Venezuela to the people of the United States.”

Right-wing outlets aren’t even trying to hide what this is anymore, said Saletan. They aren’t claiming that Trump’s operation to capture Venezuelan strongman Nicolás Maduro was about liberating the people, he added, leading him to conclude that it was always about oil.

For example, Saletan noted, right-wing commentator Ben Ferguson said of the deal, “I think this vice president and president understand this is a moment in Venezuela where you could have a lot of leverage, and you could get something good, and clearly they’re willing to play ball. Now, that’s big — they’re willing to play along because we have leverage.” The leverage, Saletan noted, is the fact that America just attacked their country.

Meanwhile, he said, Rachel Campos-Duffy, the wife of Trump’s Transportation Secretary, acknowledged on Fox News, “I think in Venezuela, the reviews on this are very mixed — mostly negative — among them, not because they’re not happy about the potential economic upsides, but they don’t trust Delcy Rodríguez” — that being the acting president the U.S. installed in place of Maduro, despite her having all the same policies as her predecessor apart from being more open to do oil deals.

Even Rep. Maria Elvira Salazar (R-FL) — who has talked a big game about genuine liberation for Latin American countries — is now saying, “The United States helped them liberate themselves from Maduro. So the reward is to give fair benefits to the oil companies,” including “100 years” of being able to exploit the country’s oil reserves. “This is the way Trump and his allies in Congress think — it’s always, always about the money,” said Saletan.

But perhaps the most damning admission, said Saletan, came from former Trump deputy National Security Adviser Victoria Coates, who said Venezuelan oil contracts should “enshrine this deal so a change of government will not imperil those billions of dollars of investment we’re going to have to see out of our private sector to make this work.” In other words, it needs to be set up so even if the current regime is replaced with a democracy, the oil still flows no matter what the Venezuelan people want.

“Look, I don’t know what your political views are. Maybe you believe in capitalism, maybe you don’t,” concluded Saletan. “But one thing we should all agree on is that this corrupt, coercive deal is disgusting and ruthless, and it’s wrong. It is a total perversion of capitalism combined with the worst kind of socialism.”

– YouTube www.youtube.com

The post Trump’s Venezuela oil deal exposed as ‘absolutely disgusting’ grab: analyst appeared first on Raw Story.

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