Day: January 10, 2026

President Trump Signs Executive Order on Venezuelan Oil: Safeguarding Revenues for American and Venezuelan Benefit

Energy News Beat In a bold move aimed at reshaping U.S. energy policy and international relations, President Donald J. Trump signed an Executive Order on January 9, 2026, titled “Safeguarding Venezuelan Oil Revenue for the Good of the American and Venezuelan People.” This order declares a national emergency to protect funds derived from Venezuelan oil […]

Don’t Count the U.S. Dollar Out Yet: Venezuela Was the Key

Energy News Beat In the high-stakes world of global energy and geopolitics, few moves carry as much weight as controlling the flow of oil. With Venezuela boasting the largest proven oil reserves on Earth—over 300 billion barrels—the South American nation’s crude has long been a linchpin in international power plays. Recent developments under President Trump […]

2026 Rig Count Starts Out on a Down Note

Energy News Beat As we kick off 2026, the U.S. oil and gas industry is signaling caution, with the latest rig count data showing a slight decline to start the year. According to the weekly report from Baker Hughes released on January 9, 2026, the total number of active drilling rigs in the United States […]

President Trump Meets with Oil and Gas Executives on Venezuela

Energy News Beat   If you have been watching the internet, you have seen Secretary Rubio taking so many jobs, and AI putting him in outfits is priceless. And I loved the Babalon Bee’s article saying that we had created a thousand jobs, but Secretary Rubio was doing 900 of them. But Secretary Chris Wright […]