Cabot Phillips
speaker
8,668 appearances
270 recordings
6 series
first heard Nov 2024
last heard 2d ago
Cabot Phillips’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 144 in all, peaking in Jul 2026 with 33.
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Nat, NMLS one eight two three three four, NMLS ConsumerAccess.org.
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Yeah, so for decades, Venezuela has been sitting on what most consider to be the largest oil reserves on the planet.
However, their socialist leaders have greatly restricted access to Western countries
And sanctions against the regime meant that for a long time, Americans could not access all of that oil to our south.
Add to that the economic collapse brought on by years of that failing socialist regime, and the country was simply incapable of even tapping into those vast resources.
They've got 17% of the world's oil reserves, and every year they only account for about 1% of oil exports.
However, that all changed with the capture of Nicolas Maduro back in January.
Yes, he was technically arrested for charges of narco-terrorism and other things back in January.
But if you listen to the Trump administration describe their motivations for that operation, it had a lot to do with oil.
mainly that they wanted a Venezuelan leader who was open to partnering with the U.S.
That is not an exaggeration either.
President Trump publicly said that he wanted, quote, total access to the country's oil industry.
And if the new president, Delcy Rodriguez, did not comply, quote, she's going to pay a very big price, probably bigger than Maduro.
So basically saying, open up the oil or you're also out.
And
then, Rodriguez has complied, working with the U.S.
on a number of deals, but none bigger than this.
Yeah, the text of the official thing has not been released yet.
But from what we've heard from the two countries, it is, again, just enormous.
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