alt Hacker NewsFirst off, I'll give you credit for at least trying to justify this, it puts you ahead of the administration that can't even bother.
Second off, only #3b above (geopolitics) could possibly count at all. We support dozens of dictators, don't give a darn about their people as long as it's geopolitically useful. So I've been conditioned to assume it's bullshit when someone says "we're doing it for the people there".
Third, and to your #3.. it's Venezuela. No disrespect to the people there but it's not exactly the lynchpin of international relations. Is this really worth it? For some crude which is really high in sulfur and not even that important given fracking? Even if I'm a Henry Kissinger psychopath, this still doesn't make sense.
Replies
Increasing the supply of oil will lower its price. Bringing production in Venezuela back online will have this effect. Historically they have produced three million barrels per day, currently that number is closer to one million.
Russia is funding its war in Ukraine with profits on thier oil production. All else being equal, this makes it harder for them to keep doing that. They reportedly spent $6 billion on air defense systems in Venezuela, not for no reason.
Lower oil prices also reduce China’s dependence on Russia for energy. Reducing the incentive for those two countries two cooperate would be in US interests.
Energy is fungible and lower oil prices will help reduce the cost to operate AI data centers. On the margin it will improve their profitability and reduce public backlash about rising electricity prices in the US.
A large portion of the migrant crisis in the US has been driven by Venezuelan refugees fleeing Maduro’s gross mismanagement of the country. If the subsequent government can bring prosperity back to the country it also reduces illegal immigration in the US, something the current US administration clearly supports.
Lots of positive things could result here and you don’t have to be a “Kissinger psychopath” to imagine them and hope they materialize.
> Is this really worth it? For some crude which is really high in sulfur and not even that important given fracking?
The US doesn't need their oil. It's about stopping China from getting it.
> ahead of the administration that can't even bother
It's possible they have tried to justify, but via Fox News and Truth Social. Neither of which you and I read, I presume.
I am not saying USA did this for the people.
I am saying that a wide majority of Venezolans are totally happy about this and most people here aren't concerned about this at all. They just want to talk about their pet political point.
About what are the reasons behind this I (and most people commenting here) can only have educated guess, but I wouldn't discard so easily to weaken cartels as a reason. It is the third (Cuba and Nicaragua the others) Country they got to totally control and the most important and they are powerful and organized enough to keep spreading, and they are supported by China.