Oil Companies Contradict Donald Trump's Remarks on Venezuela Consultation
Source: Newsweek
Published Jan 05, 2026 at 01:06 PM EST updated Jan 05, 2026 at 07:29 PM EST
Oil giants Exxon Mobil, ConocoPhillips and Chevron were not consulted about Venezuela before or after the capture of President Nicolás Maduro, industry executives told Reuters. Their accounts contradict President Donald Trumps statement on Sunday that he spoke with all three companies before and after the operation about investing in the country.
Four sources told Reuters the firms had no prior knowledge of the U.S. plan and have held no talks with the administration since Maduros removal. However, a White House official told Newsweek Monday afternoon that the Trump administration has had conversations with multiple oil companies.
Why It Matters
While the capture of Madurowho pleaded not guilty to federal drug trafficking charges in a New York City courtroom on Mondayhas been mainly presented as an attempt to thwart his involvement in narcoterrorism, the administration has not shied away from the energy-related motivations for placing the country under U.S. control until a "safe, proper and judicious transition" can take place.
However, the raid has drawn criticism on international legal grounds, while leaving other countries in Latin America as well as Greenland on heightened alert. At the same time, Trump's remarks about consultation with oil firmsrather than Congresshas now attracted scrutiny from U.S. lawmakers, who believe the administration bypassed the domestic prerequisites for what some consider an act of war.
Read more: https://www.newsweek.com/oil-companies-dispute-trump-venezuela-maduro-consultation-11310309
REFERENCES
https://www.democraticunderground.com/10143592245
https://www.democraticunderground.com/10143593576
Walleye
(43,817 posts)LuvLoogie
(8,513 posts)Walleye
(43,817 posts)LuvLoogie
(8,513 posts)He suffers no consequence for either, regardless of detriment to the country or the people around him. It doesn't matter what he says when the truth is sought. For him it is irrelevant, and either lie or truth is used for his immediate needs as he sees them, bravado and conceit high on his needs.
Oil execs are always concerned with the bottom line and exploitation of resources, but they want a legal shield to stay out of jail. So they would be willing to indulge The Vandal if it makes them money and would be happy to conduct in closed-door discussions on any subject that potential adds to their bottom line.
But they would not want to expose themselves to litigation as they do not have immunity against a prosecution by a willing administration. So it tracks that they would deny the meeting/consultation/heads-up whether it occurred or not.
Walleye
(43,817 posts)Right thing to do. There is no morality anymore in our leadership. Its really tough.
tanyev
(48,662 posts)TexLaProgressive
(12,670 posts)wolfie001
(7,087 posts)Once again, he lies. Rancid POS.
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Ray Bruns
(5,981 posts)Could have been the voices in his head again.
BradBo
(924 posts)Their smart enough to protect their workers. Im sure its not worth it to them.
PatSeg
(52,173 posts)Maduro wasn't captured, he was abducted. Makes it sound like he was some fugitive from justice.
moniss
(8,708 posts)Clouds Passing
(6,997 posts)lonely bird
(2,773 posts)They are spinning this from a time frame standpoint. They are claiming that they had no conversations with the Orange Orangutan prior to or after the kidnapping. The key word is prior. They are likely defining it extremely narrowly. Imo, they were told weeks ago that things were going to happen and that they should prepare for it. It may be possible that they were not specifically told about Maduro being kidnapped but broad enough information was probably hinted at and they chose to not inquire any further.
Aussie105
(7,645 posts)Oil execs: Nah, we are ok as we are, but thanks anyway.
Trump's MO: I do what I like and make up the rationalization later.
ChicagoTeamster
(441 posts)Singer has no experience in OIL. He just buys distressed/indebted buinesses/countries. Trump has no experience in OIL. He just thinks that because he's in control of US military everyone has to do what he wants and somehow it will just work.
Remember, he's the king of debt and bankruptcies.