Price Cuts Now Ahead? – RedState | Political News
On Friday, President Trump hosted representatives of some of the world’s largest oil firms at the White House. The President’s only grievance appeared to be that the new ballroom wasn’t yet full, because, as he claimed, they might have crammed it.
President Trump announced the assembly on Truth Social.
— Rapid Response 47 (@RapidResponse47) January 9, 2026
The president wrote:
The largest Oil Companies in the World are coming to the White House at 2:30 P.M. Everybody needs to be there. It’s too unhealthy that the Ballroom hasn’t accomplished because, if it have been, it might be PACKED. We apologize to those Oil Companies that we can’t take today, but Secretary of Energy Chris Wright, and Secretary of the Interior Doug Burgum, will see them over the next week. Everyone is in daily contact. Today’s assembly will nearly solely be a dialogue on Venezuelan Oil, and our longterm relationship with Venezuela, its Security, and People. A really big issue in this involvement would be the discount of Oil Prices for the American People. Additionally, and maybe most importantly of all, would be the stoppage of substances and Criminals coming into the United States of America. Thank you for your consideration to this matter!
A discount in oil costs can be good – up to a level, of course; if costs drop too far, it could actually make manufacturing in some areas not economically viable. That is, though, often a downside that fixes itself in time.
Read More: Pre-Dawn Blitz: Navy, Marines Seize Another Tramp Oil Hauler
Hope Flows: Wright Announces New Endless Aid Via Venezuelan Oil
It’s the response from the US Oil & Gas Association, though, that’s actually attention-grabbing.
Here is our afternoon take on this WH assembly.
There are 2 “Must haves” for producers to go back into Venezuela.
1 – We need know our crews should not going to get kidnapped.
2- We need to know investment and capital expenditures are going to be secure from seizure by a overseas… https://t.co/cN38evkfFf
— US Oil & Gas Association (@US_OGA) January 9, 2026
It’s a long post, but listed below are a few highlights.
Here is our afternoon take on this WH assembly.
There are 2 “Must haves” for producers to go back into Venezuela.
1 – We need know our crews should not going to get kidnapped.
2- We need to know investment and capital expenditures are going to be secure from seizure by a overseas authorities.
The overwhelming show of pressure from the US navy on last Saturday morning – nicely, that solves the first downside.
Indeed, it does – as long as President Trump is in workplace. Anything past that relies upon on who wins the presidential election in 2028; if, in January, 2029, sees, say, a President JD Vance and Vice President Marco Rubio inaugurated (just to title a couple of potentialities) then that assurance will last. If a Democrat ought to win… Well, if that occurred, have been I an oil company govt, I’d most likely be giving some severe thought to divesting of any belongings in Venezuela, and getting my people out.
RE: #2 — I count on that the Administration will put a very attention-grabbing set of financing choices on the desk for US producers that will hyperlink Venezuelan investment not to a company’s CapEx budgets – but to the US authorities’s worldwide project financing mechanisms such as the ExIm bank or other entities designed to scale back publicity to US pursuits and investments abroad.
Its’s one factor to have a overseas authorities seize a company’s asset – but seizing an asset that is financed and back by the US authorities?
Try it and you gonna get another go to in the center of the evening by representatives of the US navy.
The same factor as above applies. Not only the midterms but the 2028 elections. We have to keep control, or all this comes flying aside. We have to win these elections, or all this is for naught. Republicans, unusually, have a unhealthy behavior of underperforming on midterms; that has to stop. We have to prove, we now have to win, or all this stops. It sounds tiresome, sometimes, to keep proclaiming every upcoming election as “OMG most important election ever,” but we’re at a essential juncture. We have to keep this momentum up, and the nation cannot afford 4 years of a President Gavin Newsom – or Kamala Harris.
Back to the US Oil & Gas Association, they make one great, last level:
This is the Art of the Deal and there’s no one better than the man who wrote the guide.
That proper there, that is a natural-born fact. We just need to make sure that deal stays in place.
Editor’s Note: The Democrat Party has never been less in style as voters reject its globalist agenda.
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