@cbcnews: U.S. President Donald Trump said Friday his administration has entered a sweeping agreement with Venezuela that, if realized, could give the U.S. access to vast amounts of the South American country's untapped oil reserves, at cost. #Trump #Oil #Venezuela #News #CBCNews
Mr Global covered this, and it’s not as they’re saying here..
2026-08-30 22:41:34
33
club_saanich :
Lol, this is far more complicated. They will have to spend billions fixing the infrastructure in Venezuela before they could even access most of this oil. Will that happen? Maybe. Will Venezuela just nationalize it in 5 years? Maybe 😁
2026-08-31 05:16:43
0
Stephen Alexandersen Sharp :
Once a thief and con man, always a thief and con man. so now we as a country are stealing oil from Venezuela and probably Iran before that mess is all over with. if anyone believes his lie about gas prices coming down, stop your naivete. it'll never happen; not as long as Trump is in office.
2026-08-31 00:50:40
11
Deborah 🇨🇦 :
He took control of the country so he could basically steal the oil.
2026-08-30 22:35:57
113
user8614536710111 :
So US stole another county's oil?
2026-08-31 00:36:44
22
Martine Mainville :
Trump doesn't need supply from Canada anymore
2026-08-30 23:36:50
32
Steve Towers :
You didn’t mention some pretty important points! No American oil companies are willing to participate in this, and the chosen company to manage it doesn’t even have an office in the US. Their office is in Barbados, and will be given loans to develop this from the American people!
2026-08-31 00:17:29
12
lazypopster :
Canadian news companies are acting like this isn’t a problem for them buts it’s all they’re talking about.
2026-08-31 01:15:56
13
Sammyfan :
Sorry Canada. No more oil from you.
2026-08-30 22:33:19
38
Usernotfound777 :
Its play with the markets sunday
2026-08-31 00:05:53
5
Park Meva :
the SPR can't event hold that heavy oil 🤣
2026-08-31 04:06:09
2
jld19642 :
When in 2075?
2026-08-30 22:26:57
15
Manhattan blue :
the average citizen will not see one dime from this deal eventhough our tax dollars were used to get the deal. so that means he's using tax dollars to get corporations better deals🥺
2026-08-31 00:12:34
7
Educatedmind :
Venezuela has enormous reserves, but getting that heavy, sour crude out of the ground, transporting it safely, and refining it requires specialized infrastructure and billions of dollars of investment. Having 65 billion barrels underground doesn't mean the U.S. suddenly has 65 billion barrels of usable gasoline.
2026-08-30 23:12:25
22
This is The Way :
Venezuela oil is different than what we use, so who does this really help?
2026-08-31 00:06:30
6
Devilz :
😂😂 the oil will be useless, it's like tar and America can't refine it. it's high in sulphur and will corrode their storage tanks. and even if they managed to, it will cost more than it's worth. Canada can refine it though
2026-08-30 22:54:44
15
St. Peter :
It’s state capitalism. No? Am I crazy?
2026-08-30 23:31:17
9
Mimma :
At cost means US is stealing the oil.
2026-08-31 00:34:49
6
MStyles🇨🇦 :
Eventually….. is the operative word in that sentence 🤣🤣🤣🤣🤣
2026-08-30 22:34:46
8
michaelbarbee959 :
Is this real?
2026-08-30 22:26:03
8
T Laz :
Claims a lot.... usually just 2 manipulate markets. won't work this time. not one thing costs less since he took office not one thing
2026-08-31 00:07:00
5
Sticky Cheeks :
this is a great deal for everyone👍
2026-08-31 00:34:28
8
Zardoz :
The people of Venezuela gave the okay to do this? Somehow I doubt that. US just being the bully it always has been.
2026-08-31 01:36:16
1
oyys1 :
eventually
2026-08-31 00:14:35
4
YearofRabbit :
Bye bye canada
2026-08-31 03:08:27
4
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