Waiver to Sell Venezuelan Oil to Expire at End of May

The TV show “Landman” features a foul-mouthed Billy Bob Thornton who plays the boss of an oil company fighting with Mexican drug cartels while dealing with his crazy family. While the show isn’t always realistic, or even close to it sometimes, it draws attention to the dangers of oil exploration and the how we need oil to keep our economy rolling. That is why we need it from as many sources as possible, including Venezuela.

Advertisement

President Donald J. Trump made his fortune in real estate, but he will go down as one of the greatest oilmen in history, despite the fact that he’s not even in the business. No one more than President Trump, with the possible exceptions of John Paul Getty, John D. Rockefeller and their fellow oil barons, has been responsible for an incredible surge in both exploration and drilling, leading the United States to the point of near dominance in the field.

A waiver for the continued sale of Venezuelan oil on the world market is set to expire on May 27th, and President Trump is considering whether or not to extend it. He should. The benefits to Americans will be in keeping oil prices down on the world stage, therefore, here at home. But also cheaper for everyone else, too, including developing nations and our allies.

Join the conversation as a VIP Member

Trending on HotAir Videos

Advertisement
Advertisement
Advertisement