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Message

At current prices, Venezuela has $17.3 trillion worth of crude reserves

Posted on 1/3/26 at 1:26 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
179860 posts
Posted on 1/3/26 at 1:26 pm
Time to pay down the US debt thanks to our 51st state







quote:

This is absolutely insane:

Venezuela currently has 303 billion barrels of crude oil reserves, which Trump says the US now controls.

Oil prices are trading at ~$57/barrel, making Venezuela's total reserves worth $17.3 TRILLION.

Even if the US sells this oil for HALF of the market rate, that's still $8.7 TRILLION.

In other words, in 12 hours, the US has gained control of oil reserves worth more than the entire GDP of ALL countries in the world, aside from the US and China.

That's 4 TIMES larger than the GDP of Japan.

Most people do not realize how much the world just changed.

Oil markets will react to this news for the first time on Sunday at 6 PM ET.

The next few days will be critical.
Posted by AlterEd
Cydonia, Mars
Member since Dec 2024
3682 posts
Posted on 1/3/26 at 1:27 pm to
To the victor go the spoils.

The US, winner of the 7 minute war, ladies and gentlemen.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94321 posts
Posted on 1/3/26 at 1:27 pm to
Awesome. All the betas crying really need to stfu
Posted by CrazyCadillac
Member since Oct 2011
2025 posts
Posted on 1/3/26 at 1:27 pm to
quote:

Time to pay down the US debt


Won’t happen
Posted by stout
Porte du Lafitte
Member since Sep 2006
179860 posts
Posted on 1/3/26 at 1:28 pm to
Posted by KingOrange
Mayfair
Member since Aug 2018
12888 posts
Posted on 1/3/26 at 1:28 pm to
quote:

Venezuela's total reserves worth $17.3 TRILLION.


Put towards the Debt. It would save the Dollar
Posted by loogaroo
Welsh
Member since Dec 2005
39917 posts
Posted on 1/3/26 at 1:29 pm to
Posted by Lsuhoohoo
Member since Sep 2007
102032 posts
Posted on 1/3/26 at 1:29 pm to
Theres a certain way to feel about capturing a nation's President, taking over operations of their government, seizing their natural resources and selling them off to pay down the reckless debt our own dumbass politicians have run up.


I'm just not sure what that is yet.
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
50500 posts
Posted on 1/3/26 at 1:29 pm to
quote:

pay down the US debt


Posted by stout
Porte du Lafitte
Member since Sep 2006
179860 posts
Posted on 1/3/26 at 1:30 pm to
One can wish
Posted by notiger1997
Metairie
Member since May 2009
61489 posts
Posted on 1/3/26 at 1:30 pm to
Why do people think we( the government) are just going to “take” their oil!
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
87862 posts
Posted on 1/3/26 at 1:31 pm to
quote:

At current prices, Venezuela has $17.3 trillion worth of crude reserves


Boy, that would sure get Tommy Norris and MTex out of trouble.
Posted by stout
Porte du Lafitte
Member since Sep 2006
179860 posts
Posted on 1/3/26 at 1:33 pm to
quote:

Why do people think we( the government) are just going to “take” their oil!




Sarcasm?

At the very least, we will get back the leases American companies had before Maduro ran them out
Posted by tketaco
Sunnyside, Houston
Member since Jan 2010
21532 posts
Posted on 1/3/26 at 1:36 pm to
quote:

nation's Presiden


He's not.
Posted by crazyLSUstudent
391 miles away from Tiger Stadium
Member since Mar 2012
6058 posts
Posted on 1/3/26 at 1:37 pm to
quote:

Time to pay down the US debt thanks to our 51st state


Why stop at Venezuela? Let’s continue with Canada and Mexico and the rest of north/South America
Posted by cssamerican
Member since Mar 2011
7998 posts
Posted on 1/3/26 at 1:39 pm to
quote:

Won’t happen

If it did, I would go to my grave forever saying he was the greatest President in my lifetime without question.

If he could get a balance budget amendment passed in addition to wiping out 17 trillion in debt, I would argue for him as the greatest of all time.
This post was edited on 1/3/26 at 1:53 pm
Posted by CrazyCadillac
Member since Oct 2011
2025 posts
Posted on 1/3/26 at 1:46 pm to
I’d rather him actually deport these dirty looking illegals, hasn’t done enough
Posted by deltaland
Member since Mar 2011
100870 posts
Posted on 1/3/26 at 1:58 pm to
quote:

Theres a certain way to feel about capturing a nation's President, taking over operations of their government, seizing their natural resources and selling them off to pay down the reckless debt our own dumbass politicians have run up.


Feels like winning
Posted by Louisianalabguy
Member since Jul 2017
1688 posts
Posted on 1/3/26 at 2:01 pm to
quote:

Time to pay down the US debt thanks to our 51st state

Can't wait until the university of Venezuela fields a div.1 football team!
Got any thoughts on what their mascot will be?
Posted by Pedro
Geaux Hawks
Member since Jul 2008
38497 posts
Posted on 1/3/26 at 2:04 pm to
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