Wednesday February 6, 2019
Many see President Trump conspiring with oilmen to capture Venezuelan petroleum reserves. Trump’s earlier blunt talk about seizing oilfields buttresses this thesis. As well, ExxonMobil, ConocoPhillips and Chevron appreciate better than anyone the astronomic value of Venezuela’s heavy oil. There are, however, flaws in the petro-conquistador thesis. Foremost, it does not explain why oil-resistant Democrats and Europeans play lead roles in this regime change travesty.
On December 18, 2014 a Democrat-led Senate passed the Venezuela Defense of Human Rights and Civil Society Act. This legislation, sponsored by Democratic Senator Robert Menendez, imposed sanctions on Venezuela while promising support for Venezuelan “civil society.” The Act also sought to meet “the information needs of the Venezuelan people” through publications and broadcasts; and through “distribution of circumvention technology.” Obama signed immediately.
On March 9, 2015 Obama declared:
…a national emergency with respect to the unusual and extraordinary threat to the national security and foreign policy of the United States presented by the situation in Venezuela.His accompanying Executive Order 13692 extended sanctions while undertaking to: “support greater political expression in Venezuela.”