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Making Imperialism Great Again?

President Trump announced plans for American oil firms to enter Venezuela after its invasion, despite high costs and industry hesitation, focusing on oil access and regime change goals.

  • About a week after the invasion, President Trump met with executives from American oil companies to discuss plans for Venezuela and announced sending US firms there.
  • President Trump is seeking a 1.5 trillion dollar military increase, and Senator Lindsey Graham welcomed that Venezuela could be the first of many regime-change wars.
  • Some oil executives reacted tepidly as rebuilding Venezuela's oil industry could cost as much as a billion dollars, while Venezuelan crude requires costly solvents and transport amid nationalization and US fracking shifts.
  • Trump contends tariffs can pay for the buildup, but analysis finds the bulk would come from other taxes including the Federal Reserve's regressive inflation tax.
  • A Pew poll shows younger Americans are less supportive of activist foreign policy, and continued betrayal of a no-more-regime-change pledge risks Republicans losing younger-voter support.
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Bias Distribution

  • 57% of the sources lean Right
57% Right

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Signs of the Times broke the news in on Sunday, January 11, 2026.
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