Posted on 03/01/2025 7:22:49 AM PST by Twotone
CARACAS, Venezuela (AP) — A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this week, President Donald Trump announced Wednesday, ending what became a financial lifeline for the South American country.
Trump’s announcement in his Truth Social network accused the government of President Nicolás Maduro of not meeting democratic conditions for last year’s July presidential election as well as of not moving fast enough to transport back to Venezuela immigrants set for deportation.
“We are hereby reversing the concessions that Crooked Joe Biden gave to Nicolás Maduro, of Venezuela, on the oil transaction agreement,” Trump wrote.
Trump’s post did not specifically mention California-based Chevron nor the permit, formally known as a general license, that exempts the company from economic sanctions and allows it to export and sale Venezuelan oil in the U.S. But it is the only Venezuela-related license whose issuance and renewal information match the dates Trump did mention in his social media post.
(Excerpt) Read more at apnews.com ...
That’ll teach them to export their trash criminals.
MAGA! I am not tired of winning...but I am getting a bit winded.
“We are hereby reversing the concessions that Crooked Joe Biden gave to Nicolás Maduro, of Venezuela, on the oil transaction agreement,” Trump wrote.
Say it loud and often.
AP - heartless Trump cuts their lifeline.
Stopped reading at AP
Trump’s post did not specifically mention California-based Chevron
AP doesn’t realize that most Americans want financial lifelines cut to commie shitholes that export their gangs to the US.
The end of Communist support by Big Brother.
Fair enough.
No lies - transparent - consistant.
Now, you don’t have a US firm (Cheveron) making billions all at the same time while the US government is trying to over throw the government there as was the case in the past.
Example: https://en.wikipedia.org/wiki/Operation_Gideon_(2020)
Chevron ? I thought they owned CITGO...I know I’m missing something but I can’t find out what ...
So be it, but all that means is that we’ll have to import the heavy crude from somewhere else to supply those refineries.
Otherwise, all this does is raise the price of everything.
“they” being Venezuela owning CITGO...
(It's gone to Hell all on its own)
“...“they” being Venezuela owning CITGO.....”
I think thye do, along with owning 2 huge refineries here in the US: Corpus Christi, TX and lake Charles, LA.
IIRC, both of those refineries are the only ones engineered to handle that heavy black crude that comes from Venezuela.....and the Canadian tar pit stuff.
“MAGA! I am not tired of winning...but I am getting a bit winded.”
$$$$$$$$$$$$$$$$$$$
Indeed. It’s a marathon, not a sprint. You can do it!
Heb 11
1b And let us run with perseverance the race marked out for us, 2a fixing our eyes on Jesus, the pioneer and perfecter of faith.
WINNING!
You gotta play hardball with the hardheaded.
so where does Chevron come in ?
The only export we should support coming out of VZ is Maduro.
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