Comment by MisterMower
4 days ago
Increasing the supply of oil will lower its price. Bringing production in Venezuela back online will have this effect. Historically they have produced three million barrels per day, currently that number is closer to one million.
Russia is funding its war in Ukraine with profits on thier oil production. All else being equal, this makes it harder for them to keep doing that. They reportedly spent $6 billion on air defense systems in Venezuela, not for no reason.
Lower oil prices also reduce China’s dependence on Russia for energy. Reducing the incentive for those two countries two cooperate would be in US interests.
Energy is fungible and lower oil prices will help reduce the cost to operate AI data centers. On the margin it will improve their profitability and reduce public backlash about rising electricity prices in the US.
A large portion of the migrant crisis in the US has been driven by Venezuelan refugees fleeing Maduro’s gross mismanagement of the country. If the subsequent government can bring prosperity back to the country it also reduces illegal immigration in the US, something the current US administration clearly supports.
Lots of positive things could result here and you don’t have to be a “Kissinger psychopath” to imagine them and hope they materialize.
Ok, but at the cost of American freedoms? We are a country ruled by laws not people. Everything about this operation violated this principle. Are you willing to give up your freedoms in order to create cheap oil so that your scenarios play out? My ancestors didn't die on the battlefield to support such things.
Venezuela was not a sovereign state, it wasn't people's will at all to have Maduro as head of state, rather the opposite is true.
What freedoms did you lose today? The Patriot Act was signed into law two decades ago. I can’t remember the last time Congress passed a declaration of war prior to the President engaging in military action.
I’m sympathetic to your sentiment but that train left the station likely before you were born.
I'm very likely older than you so I have total context going back to the 1970's. Your question is silly. You don't suddenly lose freedoms, they erode. The current executive overreach is without precedent. In prior administrations congress was involved. Even during the second Iraq war congress was involved and time was taken to make a justification. The action of today was by executive fiat.
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