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Fossil Fuel Subsidies Are Leading the US and EU Into Industrial Decline
Since Donald Trump took office, the U.S. government has been more aggressively boosting fossil fuels to exert geopolitical dominance. President Donald Trump stated unequivocally that the military assault on Venezuela and the kidnapping of President Nicolás Maduro and his wife are aimed at gaining control of the country’s oil reserves. Meanwhile, oil company shares are soaring, a dividend on the…
This post has been syndicated from Truthout, where it was published under this address.
Fossil Fuel Subsidies Are Leading the US and EU Into Industrial Decline
We must reject the argument that climate protection is a burden on the economy, says energy expert Hans-Josef Fell.David Goeßmann (Truthout)
Interview: "Chevron Stocks Surge After Trump Vows to 'Take Back' Venezuela’s Oil"
"Now with Trump’s show of force over Venezuela’s political sovereignty, many investors see the potential for a similar overpowering of the socialist country’s economic independence."
But, to make a profit, Wall St has to "push for more appetite for oil around the world.”
~David Uberti, WSJ
democracynow.org/2026/1/6/vene…
#USPol #europol #venezuela #Racism #press #USImperialism #FossilFuels .
Chevron Stocks Surge After Trump Vows to “Take Back” Venezuela’s Oil After U.S. Attack
The share prices of U.S. oil companies surged following the Trump administration’s attack on Venezuela and abduction of its president, Nicolás Maduro. In public statements, Trump has been clear about his desire to reassert U.S.Democracy Now!
