Trump Announces Control of World's Largest Oil Reserves
Trump Announces Control of World's Largest Oil Reserves
By Robert Korczynski
The 1930s Business Plot to overthrow President Franklin D. Roosevelt marks the beginning of this story. A group of wealthy American industrialists objected to his pro-union stance and his creation of Social Security, these American Oligarchs had friends in Europe where they had fascist governments and they wanted one here, leading them to approach Marine Corps Major General Smedley Butler to lead 500,000 army reservists in a coup against the United States and against FDR to install Butler as the fascist leader of America. General Butler refused, testified about the conspiracy in front of Congress, and toured with what became War Is a Racket.
FDR ended up being elected four times, and when he died, the American Oligarchs rapidly passed presidential term limits through their control of the Senate, making sure that they would never have to deal with any president more than twice, and in 1947 they passed the Taft-Hartley Act “right-to-work” legislation, blocking unions from collective bargaining. When FDR died union membership peaked at 33 percent of the private sector, and due to union busting by 1972 union density dropped below 25 percent which is the tipping point where non-union ships no longer have to match union wages and benefits, triggering a 50-year wage stagnation from 1972 to 2022, where wages only went up by 17 cents an hour adjusted for inflation as union membership plummeted down to just 6 percent of the private sector.
The American Oligarchs maintained control of the nation by owning both sides of all media and both political parties. Early in Trump's first term, the “fine people” editing hoax tried to conflate Trump and all Trump supporters with neo-Nazis and the KKK. That editing hoax revealed that Forbes, the Associated Press, and Reuters were all in lock-step with the Democrat channels. This proved that there was just one group of American Oligarchs controlling all of the media in the United States, and that there was no difference between the Democrats and the Republicans, that is, until Donald Trump came along.
Over the last 10 years, Donald Trump and Stephen Miller took over the entire Republican Party and the Supreme Court, and now 210 out of 220 House Republicans are MAGA Republicans. In his first term, Trump was completely isolated and had no friends with him, but this time he brought all of his new money billionaire and multi millionaire buddies with him. Trump's entire cabinet is made up of multi millionaires and billionaires, and many of his ambassadors are billionaires as well, and almost all of them are new money American patriots that see only despair when they look in their high school year books. Trump deployed the team of his friend Steve Witkoff and his son-in-law Jared Kushner, both billionaire Manhattan real estate developers like Trump, as his chief negotiators on the planet for his Board of Peace.
This new-money billionaire coalition has only been running things for 17 months in the Trump 47 term, yet they have already reversed the last 50 years of intentional wage stagnation with the One Big Beautiful Bill that gave an average of $3,100 back to 29 million Americans through No Tax On Overtime for 2025. This translates to an immediate raise of about $1 an hour over every hour of a 60 hour workweek including 20 hours of overtime, as opposed to the pathetic 17 cents an hour adjusted for inflation that the American Oligarchs doled out over 50 years.
Scott Bessent did exactly what he promised this week on Monday, under Operation Economic Outcast, he sent delegations to China, Russia, and all of the rest of our supposed enemies to tell them that if they kept dealing with Iran we would isolate them too. Bessent possesses a unique skill stack to focus on gray markets, giving him the authority to target five distinct categories of black and grey markets: shutting down all shadow fleets, all shadow banking infrastructure, all gray markets, all access to gold, and all illegal cryptocurrency. As promised on Monday, Bessent used Section 311 of the Patriot Act to completely sever a bank in the United Arab Emirates from the U.S. SWIFT dollar system as punishment for its continued ties to the IRGC in Iran, while identifying 103 front companies that moved $1.8 billion USD through those accounts between January of 2024 and June of 2026.
Under Operation Absolute Resolve in January of 2026 American forces essentially kidnapped Nicolás Maduro, his wife, and other members of his family right out of his fortified compound in the span of three hours and were completely unchallenged, showing that the US Military is far superior to all other militaries on the planet. They had brand new multi-billion dollar Chinese radar that went completely blind under American electronic warfare suppression, causing immediate blackouts and the arrays of Russian air defense systems to sit inoperative, along with Chinese assault vehicles and Iranian drones. Maduro was flown to a U.S. warship and brought to the U.S. to face federal narcoterrorism charges, and Trump secured an agreement with the new interim president, Delcy RodrÃguez. The United States took control of the oil fields, pipes, and infrastructure that were originally owned by U.S. companies that are owed international court settlements for the stolen infrastructure.
Trump immediately seized shadow fleet tankers, sold their oil, and established a 50/50 profit-sharing arrangement where U.S. companies go in, warm up the pipes to get the oil flowing, repair anything, and then they get 50% of the profits from selling the oil produced until their investment is paid back, and Venezuela gets the other 50%, pointing out that before this Maduro stole all of the money and that 50% ends up being vastly more that actually goes to the people of Venezuela to improve their country, which Trump continually refers to whenever he talks about the rebuilding of war zones like Gaza, the Ukraine, or any of the eight wars he ended in 2025 with the help of Steve Witkoff and Jared Kushner.
And now on Friday Trump announced that the United States officially controls 65 billion barrels of oil under Venezuela, the world's largest oil reserves, which makes the United States the undisputed world leader in not only refining, but also reserves on the planet, since we de facto control all 300 billion barrels of oil under Venezuela, bringing into question exactly what role Saudi Arabia will play in OPEC moving forward now that the US controls Venezuela which has more oil than Saudi Arabia.
Conclusion
By seizing the largest oil reserves on earth, setting up a puppet government, and then months later having them sign an agreement where we now legally control all of the oil under Venezuela, it just goes to show that America is the undisputed leader of the entire world with our military, with our SWIFT banking system, with our relentless consumer economy, and as usual, with our petrodollar. The New Money billionaires on Trump's cabinet like Treasury Secretary Scott Bessent are restructuring America, restructuring the entire world with the SWIFT banking system and the petrodollar, and can apparently shut down grey markets and shadow fleets at will. And not only did we kidnap Maduro this year, but Trump also just announced that in only 6 months we have destroyed all Iranian mines, fast boats and missiles, and have opened up the Strait of Hormuz, which now allows insurance premiums to drop for shipping, and in both Venezuela and Iran the US has shown the completely asymmetrical dominance of our military. So everyone on earth has to use our American petrodollars, none of them can fight us, and we just told all of our enemies that we run the entire world in a New World Order and that we now control the world’s largest oil reserves. Quite the whirlwind week for Trump and for the planet.
Citations
Congressional Record: Investigation of Nazi and Other Propaganda Activities, House of Representatives, Seventy-Third Congress (1934-1935).
Butler, Smedley D. War Is a Racket: The Anti-War Classic by America's Most Decorated Soldier. Round Table Press, 1935.
Labor Management Relations Act (Taft-Hartley Act): Public Law 80-101, 61 Stat. 136, 29 U.S.C. § 141–197 (1947).
U.S. Bureau of Labor Statistics: Historical Trade Union Density, Membership, and Inflation-Adjusted Private Sector Wage Data (1972-2022).
U.S. House of Representatives Roll Call Records: Official Roster, Party Affiliation Data, and Voting Blocs of the 119th United States Congress (2026).
Internal Revenue Service / Department of the Treasury: Tax Code Revenue Directives and Implementation Tracking for the No Tax on Overtime Policy Initiatives (2025-2026).
U.S. Department of the Treasury, Financial Crimes Enforcement Network (FinCEN): Administrative Orders and Regulatory Actions Under Section 311 of the USA PATRIOT Act Regulating Correspondent Accounts and SWIFT Disconnections of Specific Foreign Banking Institutions (August 2026).
U.S. Department of Defense / Southern Command / IP Defense: Operation Absolute Resolve Tactical Evaluation, After-Action Intelligence Reports, and Assessment of Russian, Chinese, and Iranian System Deficiencies in Venezuela (January 2026).
Federal Reserve Board of Governors: Flow of Funds Accounts of the United States, Distributional Financial Accounts, and Wealth Shares of the Top Percentiles (2026).
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