Bannon`s War Room Episode 5041: War With Venezuela; The Capture Of Maduro
Jan 3, 2026
In this insightful discussion, Eric Prince, a private-sector security expert and former head of Blackwater, shares his perspectives on the geopolitical implications of the U.S. extraction operation targeting Venezuelan leader Maduro. Alongside conservative commentator Jack Posobiec, they delve into the strategies used in the raid, highlighting the precision of U.S. forces and discussing the stakes surrounding Venezuela's vast oil reserves. They also cover Iran's involvement and the potential international repercussions, painting a picture of a region on edge.
AI Snips
Chapters
Books
Transcript
Episode notes
Different Crudes Matter For Refineries
- Crude oil varies by density: light, medium, and heavy matter for refining needs.
- Venezuela and Canada supply heavy crude that many U.S. refineries are configured to process.
Shale Boom Doesn't Solve Heavy Oil Need
- U.S. shale output is mostly light crude, which surged production in recent years.
- U.S. refineries still import heavy crude (about 70%) because many are optimized for heavy grades.
Where Heavy Crude For U.S. Comes From
- Canada and Venezuela are primary global sources of heavy crude used by U.S. refineries.
- Venezuela's share of U.S. oil imports collapsed while Canada rose to about 61% of imports.
