2026-01-03 20:01:48

Petrodollar back in full strength

Venezuela controls about 300 billion barrels of crude oil reserves. Chevron and other mayors US players will take ownership of those reserves.

-> Current oil prices trade ~$57 / barrel
-> Venezuela's reserves = $17.3 trillion

To put this into perspective
-> US National Debt is ~ $38 trillion
-> Germany’s GDP ~ $5 trillion

The US has reinstated the Monroe Doctrine and is taking back control of South and a Central America, bringing the biggest oil reserves globally under its control.

China can continue to tap into it, as an international buyer, but it will be priced and sold in usd and it will be at America’s mercy. This is massive leverage against China.

Beijing got embarrassed.
All in one night.

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