The speaker expressed regret that the ballroom was not yet completed, as it would be filled to capacity. Today’s meeting focused on Venezuelan oil, the long-term relationship with Venezuela, and its security, with the goal of reducing oil prices for Americans. A crucial aspect of the discussion was also the prevention of drugs and criminals entering the United States. It’s been reported that the speaker often uses current events to promote this personal project.
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President Trump announced a 25% tariff on all U.S. trade with countries purchasing Venezuelan oil and gas, effective April 2nd. This action, targeting China, the largest importer of Venezuelan crude, aims to pressure President Maduro and potentially benefit Chevron by limiting Chinese influence in Venezuela’s oil sector. The tariffs follow Trump’s reversal of a Biden administration decision allowing Chevron to operate in Venezuela and his invocation of the Alien Enemies Act against the Tren de Aragua gang. Oil prices are expected to rise as a result of the new tariffs.
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The Supreme Court’s recent decision to weaken federal regulators by overturning the decades-old Chevron decision is a devastating blow to the foundations of our government. With all GOP-appointed justices ruling to erase this precedent, billions of dollars are now potentially at stake in challenges that could arise from this ruling. As someone who may soon witness a resurgence of environmental disasters and public health crises, I find it alarming that the highest court in the land is effectively stripping away the power of federal agencies to protect us from corporate greed and negligence.
The implications of this decision are far-reaching and concerning.… Continue reading
John Q. Hosedrinker