Trump Negotiates ‘Biggest Oil Deal in World History’

Well, of course.

President Trump gets a deal for acquiring more than 65 billion barrels of Venezuelan oil — and Democrats are furious.

Going on Truth Social, the President correctly termed it, in capital letters no less, the “BIGGEST OIL DEAL IN WORLD HISTORY.”

The president went on to say:

This Historic Transaction MORE THAN DOUBLES American Oil Reserves, greatly increases our Oil Supply, and will substantially lower Gas Prices for all Americans, long into the future, while helping to continue to set Venezuela on a course toward Tremendous Success and Great Prosperity.

The Hill’s Sarah Davis reported: “This deal applies to around 21 percent of the South American country’s total proven oil reserves, which amount to about 303 billion barrels.”

No sooner was this landmark agreement announced than Democrats were out there denouncing it at the bidding of their far Left buddies. (RELATED: Drill, Baby, Geopolitics: Now It’s a Matter of National Security)

Democrat Virginia Senator Tim Kaine stood up for the ousted Venezuelan dictator, accusing the president of trying to “control Venezuelan oil.”

Ohio’s GOP Senator Bernie Moreno hit back at the ludicrous charge from Kaine, noting: “If it were up to DC Democrats, Maduro would still be in power, Venezuelan oil would be going to China at half price, and the people of Venezuela would be getting robbed by a corrupt regime.”

Moreno added that: “Instead, this historic deal benefits both countries for generations.”

Exactly.

The real question here is what would happen if Kaine and his fellow Democrats got their way.

Secretary of State Marco Rubio had this to say, as reported by the Center on Global Energy Policy:

Among the rationales for the US intervention in Venezuela, Secretary Rubio mentioned the national security implications of having US adversaries use Venezuela as a hub for their activities in the region, in addition to controlling Venezuela’s oil reserves — the largest in the world. His comments are consistent with statements in the US of “denying non-hemispheric competitors the ability to position forces or other threatening capabilities, or to own or control strategically vital assets, in the Western Hemisphere.

In short? The Democrats are all too willing to allow “US adversaries (to) use Venezuela as a hub for their activities.”

Cutting to the chase? The term “U.S. adversaries” quite specifically means, among others, China. Which is to say, Democrats are all too willing to close their eyes to Chinese meddling in the affairs of the Western Hemisphere, whether North, Central or South America.

And note well, Central America includes the prime U.S. asset of the Panama Canal and American and global shipping through the canal. Democrats, essentially, have closed their eyes to the reality of Chinese interference with the Canal.

Over there at CNBC, the network headlines: “U.S.-China power struggle thrusts Panama Canal back into the spotlight.”

The story reports:

The Panama Canal, a global trade artery that connects the Atlantic and Pacific Oceans, has reemerged as a geopolitical flashpoint in recent days.
It follows a contentious decision from the Central American country’s top court to rule against a Hong Kong-backed firm’s right to operate two key terminals on the waterway.
The outcome was seen as a major victory for the U.S., which is seeking to oust rival powers from the Western Hemisphere.

“Major victory” or not, the hard fact is that China and other “rival powers” (including that aforementioned “Hong Kong-backed firm”) are doing their best to interfere in affairs revolving around the Panama Canal. And, beyond that, the larger Western Hemisphere.

All of which is to say, headline events like the war in Iran — all the way on the other side of the globe — may climax and fade from the headlines, but rival powers — with China foremost in line — are doing their best to assert what they see as their interests in both Panama and the larger Western Hemisphere.

In this instance, the upfront story revolves around Venezuelan oil. But there’s more to the story than Venezuelan oil. The story also involves the Panama Canal itself. And specifically, as mentioned, the Canal’s two terminals as they could be operated by a Hong Kong firm. (RELATED: China Makes Panama Pay for Saying No)

Events revolving around the security of the Western Hemisphere are, for certain, something that the American people need to be aware of.

Very much aware.

But make no mistake. Very much to the advantage of America, President Trump has indeed negotiated “The Biggest Oil Deal” in “World History.”

And three cheers for that.

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