America Reopens Venezuela’s Oil Future While Reclaiming Global Leadership

For the Venezuelan people, long betrayed by socialism, it is the first real chance in a generation to reclaim the future that was stolen from them;

Douglas V. Gibbs ——Bio and Archives--February 24, 2026

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The Biden years left America stumbling on the world stage. We became energy‑starved, and embarrassingly dependent on foreign adversaries. Since President Donald Trump has returned to the Oval Office he has engaged the world with a simple, constitutional truth: a sovereign nation must control its own energy destiny. Drill Baby Drill is on the doorstep, but our energy goals also reach beyond our borders as the United States helps rebuild a shattered Venezuela… not as an act of charity, but as a strategic partnership rooted in mutual benefit, regional stability, and the restoration of freedom for a people long abused by socialist tyranny.

For the first time in decades, Venezuela’s oil fields are no longer the private playground of corrupt elites and foreign adversaries

The recent decision by the U.S. Treasury’s Office of Foreign Assets Control to grant broad operational licenses to Chevron, BP, Shell, Eni, and Repsol marks the most significant rollback of sanctions since the removal of Nicolás Maduro. The socialist strongman who presided over one of the greatest economic collapses in modern history is now in American custody, and Venezuela’s future depends upon the U.S. doing the right thing.

For the first time in decades, Venezuela’s oil fields are no longer the private playground of corrupt elites and foreign adversaries. They are becoming engines of opportunity again.

President Trump has made it clear: the Western Hemisphere must not be dependent on hostile regimes. That means strengthening American production at home and reviving........

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