The Loonie Hour Will Canadian Oil be Replaced by Venezuela?
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Jan 9, 2026 The hosts dive into the U.S. operation to remove Maduro and its repercussions for Venezuelan oil. They discuss critical minerals taking precedence over oil in U.S. strategic priorities. With China's dominance in rare earths highlighted, they explore the implications for Canadian exports. The conversation shifts to the geopolitical landscape, tackling the significance of Greenland and U.S. military presence. Market volatility and opportunities for Canada in the resources sector round out this compelling discussion.
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Hockey Banter Opens The Episode
- The hosts open with candid hockey and Olympics chatter to set a conversational tone.
- This casual banter frames the episode's shift from sports to geopolitics.
Venezuela As A Strategic Supply-Chain Threat
- Venezuela became a strategic security concern because rival powers operate there simultaneously.
- The U.S. action targeted supply-chain risks (critical minerals, weapons, advisors), not just oil.
Critical Minerals Are National Security
- The U.S. is highly import reliant on many critical minerals and China dominates processing capacity.
- Pentagon stockpiles and funding target the exact minerals found in Venezuela's southern regions.