US Says Approach to Venezuela’s Maduro ‘Not Changing,’ Will Maintain Sanctions

US Says Approach to Venezuela’s Maduro ‘Not Changing,’ Will Maintain Sanctions

While Price insists it’s business as usual when it comes to Venezuela, the US has eased sanctions very slightly. After Maduro resumed talks with the opposition in November, the US granted a license to Chevron to resume pumping oil in Venezuela and agreed to release $3 billion in Venezuelan funds that were frozen by US and European banks. Under the deal, the funds will go toward humanitarian and economic development projects.

Previously:

Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

Municipalities in Puerto Rico Sue Fossil Fuel Giants Under Organized Crime Law

Sixteen municipalities in Puerto Rico are suing Chevron, ExxonMobil, Shell, and other fossil fuel companies for their efforts to deny the role of fossil fuel products in causing climate change. In a November 2022 report for Common Dreams, Kenny Stancil described the lawsuit—a “first of its kind” RICO case—which seeks to hold the fossil fuel corporations financially responsible for the damages caused by the hurricanes that devastated Puerto Rico in 2017. The lawsuit contends that the 2017 hurricane season was made worse by global warming and that fossil fuel companies colluded to deceive the public about the impacts of fossil fuel products on the climate.

Municipalities in Puerto Rico Sue Fossil Fuel Giants Under Organized Crime Law

Matthew Hoh: War is a cancel culture

YouTube: Scheer Intelligence: War is a Cancel Culture

Related:

The U.S. Is Drowning in Pretend Patriotism

Washington’s “Farewell Address” to the new nation was a warning about the threat of American imperial ambitions and a declaration of his high expectations for a republic of free men: “In offering to you, my countrymen, these counsels of an old and affectionate friend, I dare not hope they will make the strong and lasting impression I could wish; that they will control the usual current of the passions, or prevent our nation from running the course which has hitherto marked the destiny of nations. But, if I may even flatter myself, that they may be productive of some partial benefit, some occasional good; that they may now and then recur to moderate the fury of party spirit, to warn against the mischiefs of foreign intrigue, to guard against the impostures of pretended patriotism. …”

But recognize that you have shamed the legacy of our first president. George Washington, who distinguished the promise of the new world from the corruptions of the old by shunning imperial conquest, said: “Our commercial policy should hold an equal and impartial hand; neither seeking nor granting exclusive favors or preferences; consulting the natural course of things; diffusing and diversifying by gentle means the streams of commerce, but forcing nothing.”

Venezuela’s Oil Output Stutters as ‘Irrational’ US Sanctions ‘Imbalance’ Global Market

Venezuela’s Oil Output Stutters as ‘Irrational’ US Sanctions ‘Imbalance’ Global Market

However, in a recent address to the press, the US president clarified that resuming oil exports from Venezuela was only one of several options. “There’s a lot of alternatives. We haven’t made up our mind yet,” he told reporters after calling the OPEC+ decision a “disappointment.” Washington has demanded that the Maduro government re-engages in talks with the opposition as a precondition for any changes to its sanctions policy.

Related:

US Plans To Ease Venezuela Sanctions To Let Chevron Pump Oil There Again—Reports

Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up

The writing is on the wall for Europe in terms of this coming winter – It’s going to get ugly. With natural gas imports from Russia cut by 80% through Nord Stream 1 along with the majority of oil shipments, the EU is going to be scrambling for whatever fuel sources they can find to supply electricity and heating through the coming winter. Two sources that were originally suggested as alternatives were Iran and Venezuela.

Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up

Related:

Venezuela: Oil Production Declines as Shipments to Europe Suspended

Caracas’ oil operations were affected by mechanical disruptions caused by alleged attacks against oil facilities. On July 16 a natural gas pipeline explosion and a power outage interrupted PDVSA’s supply to its main crude production and export hub, the José Antonio Anzoátegui industrial complex in eastern Venezuela.

With the operational disruption depleting Venezuela’s lightest oil grade stocks, Iran recently began to increase its supply of 29.5°API blend, a lighter alternative to Venezuela’s 16°API Merey, in order to boost fuel production and free domestic upgraded blends for exports.

However, anonymous sources revealed that Caracas might suspend crude cargoes to Europe while the industry recovers from recent setbacks. PDVSA is reportedly negotiating the terms of the oil-for-debt agreements with Eni and Repsol to receive fuel while still settling long-standing debts owed to the two companies.

Neither Venezuela’s Oil Ministry nor PDVSA has issued statements confirming the alleged halted shipments to Europe or the renegotiation of the swap deals.

The Centre of International Insecurity

The Biden administration is no longer in charge of the White House. Relying on a select network of think-tanks and their corporate proxies, the Big Defense is. What it wants, it seems to get.

The Centre of International Insecurity

Related:

Scott [Horton] is joined by Dan Steinbock to discuss an article he wrote about the network of Democratic organizations running American foreign policy. Steinbock has dug deep into the Center for a New American Security (CNAS) and WestExec Advisors, two organizations that have allowed top foreign policy officials to make money cycling between government, think tank and advisory roles. Steinbock also takes a step back and examines how these organizations are connected to weapons companies, Wall Street and technology firms.

6/27/22 Dan Steinbock: How Hawkish Democrats Make Money Pushing War