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Mike Benz· 2025-08-29 02:03
Geopolitics and Trade - Mexican President seeks return of assets seized by the U S to benefit Mexico's poorest citizens, raising skepticism about the funds' destination [1] - The U S aims to pivot Mexico away from Chinese influence, highlighting Mexico as a major trading partner [1] - Tesla is establishing operations in Mexico, aligning with the U S 's strategic interests to distance Mexico from China [2] US Foreign Policy and Internal Affairs - Historical connections exist between Mexican and American oligarchs in Texas oil wells [2] - Concerns are raised about CCP influence over Chinese nationals studying abroad [2] - The U S allegedly facilitates drug trade to fund revolutions in South/Central American countries [3] - HBO acquired rights for a Ft Bragg documentary, spotlighting 105 deaths (murders or suicides) between 2020-2021 [3] - Ft Bragg's instrumental role in overseas narco trade in the Golden Triangle is highlighted, used to fund proxy wars and government overthrows, with USIP's involvement [3]
Chevron CEO warns against company's possible departure from Venezuela amid negotiations with Trump admin
Fox Business· 2025-05-04 18:21
Core Viewpoint - Chevron's CEO Mike Wirth has warned about the potential exit of the company from Venezuela due to the expiration of a Biden-era license, which allows Chevron to operate in the country and export oil to the U.S. [1][5] Group 1: Chevron's Operations in Venezuela - Chevron is currently the only American company operating in Venezuela, exporting approximately 240,000 barrels per day, which constitutes over a quarter of the country's total oil output [10] - The company is under pressure from the Trump administration to cease drilling activities in Venezuela, with a mandate to wind down operations starting March 1 [1][4] - Wirth emphasized that halting operations would have significant implications for U.S. energy security, as Gulf Coast refineries are specifically designed to process Venezuelan oil [7] Group 2: Geopolitical Implications - Wirth expressed concerns about the growing influence of China in the Western Hemisphere, noting that if Chevron exits, it would create opportunities for Chinese and Russian companies to fill the void [7][9] - He highlighted that China is currently the largest buyer of Venezuelan oil, and discussions have been ongoing to encourage further purchases from Venezuela [7] - The potential shift in oil trade dynamics could lead to increased Chinese control over Venezuelan resources, which Wirth argues is not in the best interest of the U.S. [9] Group 3: Political Context - The Trump administration's stance includes imposing a 25% tariff on countries purchasing Venezuelan oil, which adds to the complexities of U.S.-Venezuela relations [5] - Venezuelan opposition leader María Corina Machado supports the Trump administration's strategy, asserting that the current regime is at its weakest point [9] - Machado also pointed out that Venezuela possesses the largest proven oil and gas reserves globally, suggesting that a democratic government could transform the country into an energy hub [10]