American Power

Did Trump Get Played on Venezuela’s Oil Deal?

September 2, 2026·1h 17m
Episode Description from the Publisher

This week on American Power, Nat Towsen, Chad Scott and Matt Randolph dig into Trump’s Venezuela oil deal, from questions about the country’s massive reported reserves and whether its heavy crude can actually refill the Strategic Petroleum Reserve to the enormous investment required to develop new production. They also examine whether the deal is really about countering China and why Venezuela’s history of nationalizing foreign oil investments could leave American companies and taxpayers holding the bag. Then, as fighting with Iran escalates again, they examine dwindling U.S. munitions, the Strait of Hormuz, and whether America still has a viable path to victory. We’re always looking for new opportunities to partner with creators, companies, politicians, and organizations that share our mission. If you’re interested in partnering with us to help reshape the national conversation — get in touch! @wearefindout

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