Larry Johnson : How Trump Steals Venezuelan Oil
Aug 31, 2026 · 23m
Summary
Judge Andrew Napolitano and Larry Johnson analyze President Trump’s erratic claims of total control over the Strait of Hormuz and the US strategic petroleum reserve. They discuss the global diesel and aviation fuel crisis caused by the cutoff of Persian Gulf crude, noting that Trump’s new agreement to seize Venezuelan oil reserves will not alleviate these shortages due to infrastructure deficits and the nature of heavy crude. The hosts critique the administration’s confabulations regarding military victories and the economic impact of rising energy costs on food prices.
Topics discussed
Intro: Preemptive war and the illegitimate use of force
Sponsor segment: Gold and silver as inflation hedges
Trump's claims of control over the Strait of Hormuz
Analysis of Trump's 'confabulation' and war status
Recent strikes and the 'failed nation' declaration
Erratic behavior: Lake Ontario and energy crisis
Legal implications of claiming the Strait as US territory
Iran-Oman agreement and new shipping fees
Strategic Petroleum Reserve depletion and refinery types
Rising diesel prices and impact on food costs
Oil executives' refusal to invest in Venezuela
Venezuelan oil type vs. US gasoline needs
Critique of the US-Venezuela oil deal announcement
Upcoming meeting with Russian Foreign Minister Lavrov
Show schedule and upcoming guests
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