The West Point History Professor

The West Point History Professor

THE TRUMP VENEZUELAN CAPER IS BUILT ON QUICKSAND: BIG OIL WILL NOT INVEST BILLIONS IN A RADICAL LEFTIST COUNTRY TO REVIVE ITS OIL PRODUCTION WITHOUT GUARANTEES; THAT IS NOW IMPOSSIBLE

THE ONLY PLAUSIBLE OPTION IS A U.S. AND EUROPEAN BACKED COALITION THAT PUTS MARIA CORINO MACHADO IN CHARGE

Terrence Goggin's avatar
Terrence Goggin
Jan 09, 2026
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Trump is asking Congress to guarantee Big Oil’s Venezuela investments. That Is Now Impossible. The U.S. Senate, led by Republican Senator Rand Paul, Just Voted 52-47 To Halt Trump’s Blockade. If the Senate voted to end the Naval Action in the Caribbean, they will certainly not approve financial guarantees to big oil to exploit Venezuelan oil reserves.

SENATOR RAND PAUL

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The only plausible option is a strong U.S. / European backed coalition government putting Nobel Laureate Maria Corina Machado and the Democratic Opposition in charge to establish the Rule of Law and a popular, trusted government. No guarantees for investment are required and Europeans have indicated a willingness to support such a government with investments.

WHAT WENT WRONG:

I. Trump Is Missing The Central Strate…

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