Phil Stewart

speaker

930 appearances 13 recordings 4 series first heard Jan 2026 last heard 13 Apr

Phil Stewart’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 13 in all, peaking in Apr 2026 with 4.

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Interrupted by Matt Jones · Episode 27 - Phil Stewart · 9 Jan 2026 podcast

Right.

There is one thing I would say that I think as reporters covering the strikes in particular, we were really interested in, which was that the preponderance of U.S.

military firepower that was assembled in the Caribbean didn't match up with the majority of the drug trade.

And so if you look at the main trafficking route actually is not through the Caribbean.

It's through the Pacific.

And so, you know, there isn't a big flotilla of ships off Mexico.

You know, they're in the Caribbean.

So it always – it was something that we've sort of scratched our heads about a little bit.

You know, there have been strikes on the Pacific side, but the military firepower and everything else was really aimed at – was really in the Caribbean, and the policy was really aimed at Venezuela.

And so –

You know, this seems to be a policy as much about Venezuela as it is about about drugs, not to say that it hasn't been about drugs.

So, you know, Reuters has a lot of really great reporters that are working on this exact issue right now.

And the reporting that they're producing, you know, really does indicate that it's going to take years to recover for Venezuela and years and some good luck, you know, really for Venezuela to recover anything close to the industry it once had.

You know, the Venezuelans, I think, used to produce about 7% of the world's crude.

And I think now it's down to like 1%.

And as a comparison, just for context, people talk about Venezuela as this massive, the world's largest oil reserves, blah, blah, blah.

But the truth is they produce about the same amount as the U.S.

state of North Dakota.

just North Dakota.

And, and so, you know, right now, like their industry is not, you know, this, this Titan, uh, and powerhouse, it's, it's kind of, it's kind of, you know, not doing so well.

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