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Trump Announces ‘Historic’ Deal With Venezuela That ‘MORE THAN DOUBLES’ U.S. Oil Reserves
daillycaller.com ^ | 8/29/2026 | Jack Cowhick

Posted on 08/29/2026 2:32:50 PM PDT by Signalman

President Donald Trump announced an historic energy deal with Venezuela in a Truth Social post Friday night.

The president called the deal “THE BIGGEST OIL DEAL IN WORLD HISTORY.” Trump wrote that the United States secured “majority U.S. control” of over 65 million barrels’ worth of Venezuelan oil reserves.

Trump credited Secretary of State Marco Rubio, Secretary of War Pete Hegseth, Interim Venezuelan President Delcy Rodriguez and “a partnership with private business.”

The president stated that the deal more than doubles American reserves and will “substantially lower Gas Prices for all Americans.” He added that the deal would strengthen the “already growing relationship” between the two countries. (RELATED: Trump Says Venezuela Turning Over Huge Stockpile Of Oil To US)

BREAKING NEWS: The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY! At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer. 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. This Transaction will greatly strengthen the already growing relationship between Venezuela and the United States! Thank you for your attention to this groundbreaking matter. MAKE AMERICA GREAT AGAIN! President DONALD J. TRUMP


TOPICS: Business/Economy
KEYWORDS: delcyrodriguez; energy; marco; marcorubio; oil; oilreserves; petehegseth; venezuela

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1 posted on 08/29/2026 2:32:50 PM PDT by Signalman
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To: Signalman

Venezuela has the largest known proven oil reserves in the entire world. More than Saudi Arabia, more than Canada more than anywhere.


2 posted on 08/29/2026 2:33:57 PM PDT by nickcarraway
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To: Signalman

Maybe Marco will end up as territorial governor of Venezuela instead of Cuba.


3 posted on 08/29/2026 2:37:23 PM PDT by bigbob (We are all Charlie Kirk now)
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To: Signalman
I thought it was 65 billion barrels. Must have been my imagination.
4 posted on 08/29/2026 2:38:16 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: nickcarraway
It' OK if you like bunker fuel and tar pits.

But I'll settle for what I can get.

More oil is good. Thanks DJT!!!

5 posted on 08/29/2026 2:39:06 PM PDT by Governor Dinwiddie ( O give thanks unto the Lord, for He is gracious, and his mercy endures forever. — Psalm 106)
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To: Signalman

Better refill the oil reserves.


6 posted on 08/29/2026 2:43:43 PM PDT by Old Yeller
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To: Signalman

And of course, the libs are going to cry, scream. melt down, and have a general hissy fit over our President doing something GOOD for our country.

I swear to you, they want America to die as the third-world country because they think we deserve it.


7 posted on 08/29/2026 2:46:23 PM PDT by hoagy62 (Inter arma enim silent leges (In times of war, the law is silent))
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To: Signalman

Remember...they stole it from us...


8 posted on 08/29/2026 2:47:38 PM PDT by Sacajaweau
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To: Old Yeller

After a law is passed that says you can’t drain the oil reserves because your party might lose an election. I’m referring to Biden of course.


9 posted on 08/29/2026 2:53:03 PM PDT by EvilCapitalist (I wasn't expecting a kind of Spanish Inquisition.)
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To: Signalman

And I assume no elections in Venezuela anytime soon.


10 posted on 08/29/2026 3:03:16 PM PDT by JSM_Liberty
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To: Signalman

This serves as a lesson for me that sometimes, it’s far better to Think Big vs think what would be “enough”.
Even our friend Megan Kelly agrees, she wrote a book called “Settle For More!’


11 posted on 08/29/2026 3:03:48 PM PDT by lee martell
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To: Signalman

I’m hoping he refills our US Reserve Oil Supply instead of selling it to the highest bidder.


12 posted on 08/29/2026 3:07:38 PM PDT by Blue Highway ( )
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To: Steely Tom; Signalman

it IS 65 BILLION barrels! ... i have no idea why daily signal is repeating the lie that it’s 65 million or why an article with such a ridiculous lie is being posted here ...


13 posted on 08/29/2026 3:10:16 PM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
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To: Signalman

look at ALL the OTHER articles you COULD have posted that didn’t get the size of deal off by a factor of 1,000:

https://www.google.com/search?q=65+billion+barrel+venezuela+deal


14 posted on 08/29/2026 3:12:16 PM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
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To: Governor Dinwiddie

Turn it into diesel fuel.


15 posted on 08/29/2026 3:31:59 PM PDT by kaktuskid
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To: Signalman

65 million barrels? Wow that’s like 3 days worth of US consumption


16 posted on 08/29/2026 4:05:38 PM PDT by 03A3 (If we can defund the police, we sure as hell can defund the FBI)
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To: Blue Highway

Actually, we SHOULD sell the oil to the highest bidder, as that will drive the price down, and then we can refill the Reserve at the lower cost when there is surplus supply.

That’s how the market for crude oil works.

Otherwise, we’ll be filling the Reserve with the oil @ market price at present.

Unless, of course, you just wanna go full on Socialist or Fascist.


17 posted on 08/29/2026 4:15:05 PM PDT by Paul R. (Who else but Dolly Parton could go so far by being so genuine about being so fake?)
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To: 03A3

It is 65 billion.


18 posted on 08/29/2026 4:15:34 PM PDT by Paul R. (Who else but Dolly Parton could go so far by being so genuine about being so fake?)
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To: kaktuskid
The USA is the premier refiner of dirty crude oil, most of it imported. On the other hand, The USA extracts the cleanest crude West Texas Sweet (WTI) which is often blended with the dirty foreign oil from Venezuela and Canada.

19 posted on 08/29/2026 4:55:39 PM PDT by Governor Dinwiddie ( O give thanks unto the Lord, for He is gracious, and his mercy endures forever. — Psalm 106)
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To: nickcarraway

It’s mostly tar. Kind of like sinus infection snot. But they and Canada have e a lot of snot.


20 posted on 08/29/2026 5:01:39 PM PDT by crusty old prospector
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