The Trump administration plans to control future sales of Venezuelan oil and hold the proceeds in US accounts, Energy Secretary Chris Wright said, making the clearest statement yet on Washington’s strategy to bring the impoverished nation’s crude to market and control its most valuable resource. Wright, who spoke at a Goldman Sachs Group Inc. conference in Miami Wednesday, said initially the barrels would come from crude Venezuela is holding in storage, which has been filling up amid the US blockade and threatening to force some production off line. “We’re just going to get that crude moving again and sell it,” Wright said.
The threatened captive market is how I’ve described it before. We after all have never had a free market. We have a captive market and if someone makes a move to threaten it, rules and laws will appear to keep the destabilization from threatening the status quo.
Its why today we have stopped cheap chinese EV’s from destroying the huge multi brand cartel that are modern automobile companies. Its why the old fossils running the energy markets are desperate to stop solar and wind.
They have driven what should be a rich country to squalor and starvation to keep them from making the money from their own natural resources. These lazy simpletons we have in charge today are just saying the hidden parts out loud now thinking that it will never affect any of them.
It is why when their control is threatened next time they will be completely violent.