The White House is proudly embracing an era of fossil-fuel imperialism when global markets are vastly different By Karthik Sankaran Within hours of U.S. military strikes on Venezuela and the capture of its leader, Nicolas Maduro, President Trump proclaimed that “very large United States oil companies would go in, spend billions of dollars, fix the badly broken infrastructure, and start making money for the country.” Indeed, at no point during this exercise has there been any attempt to deny that control of Venezuela’s oil (or “our oil” as Trump once described it) is a major force motivating administration actions. One irony here is … Continue reading When Trump’s big Venezuela oil grab runs smack into reality