Regime change for profit: Chevron, Halliburton cheer on US Venezuela coup

If Guaidó comes to power and privatizes PDVSA, U.S. oil companies — with Chevron and Halliburton leading the pack — stand to make record profits in the world’s most oil-rich nation, as they did in Iraq following the privatization of its national oil industry after U.S. intervention.

by Whitney Webb

Part 6 - Trump ready to test out his “Take the Oil” intervention policy

Though Trump has yet to make bold, Boltonesque public statements regarding the clear link between Venezuelan oil and his administration’s regime-change policy, his past statements regarding U.S. interventions in oil-rich nations elsewhere show that Trump has long backed U.S. intervention in foreign nations if it meant that the U.S. could secure that country’s natural resources, namely oil.

For instance, in 2011, Trump told the Wall Street Journal that he would support U.S.-backed intervention in Libya if the U.S. could “take the oil.” In the eight years since the U.S.-backed intervention, Libya remains without a central government and is now the site of rampant terrorist activity, a massive illegal arms trade, and a booming slave trade.

Then, in 2016, candidate Trump again asserted that the U.S. should “take the oil” when intervening or invading foreign nations. Trump told NBC News in September 2016 that the terror group Daesh (ISIS) emerged only because the U.S. had not taken Iraq’s oil after the 2003 invasion.

Trump also stated, with regard to Iraq, that: “We go in, we spent $3 trillion. We lose thousands and thousands of lives, and then look, what happens is we get nothing. You know, it used to be the victor belong the spoils. Now, there was no victor there, believe me. There was no victory. But I always said, take the oil.”

While Trump has not publicly touted his “take the oil” policy in relation to the current situation in Venezuela, he has done so privately during several White House meetings early on in his presidency. According to the Wall Street Journal: “Mr. Trump requested a briefing on Venezuela in his second day in office, often speaking to his team about the suffering of Venezuelan people and the country’s immense potential to become a rich nation through its oil reserves.”

Thus, Bolton’s as well as Senator Rubio’s frank admissions that the Trump administration’s Venezuela regime-change policy is about the oil and giving that oil to American companies, are clearly aligned with a policy that the president himself has long supported.

Source, links:

https://www.mintpressnews.com/venezuela-coup-regime-change-chevron-halliburton/254595/

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