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Trump Venezuelan Oil Play: Destroying US Oil Producers, Part II (January 15, 2026)

In this second post, I discuss Venezuelan crude production. US refiners may now be able to access perhaps 500,000 to 600,000 b/d of the country’s heavy crude. Click here to read more.

It Ain't Heavy; It's My Crude Oil

The return of heavy sour Venezuean crude to the world market poses challenges for US producers. See the January 12 Notes at the Margin for more on this.

Donald Trump's Venezuelan Oil Blunder (January 12, 2026) -- The US arrest and removal of Venezuelan President Nicolas Maduro promises to upend oil markets.

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