Who produces vastly more energy than it needs right now? The United States. So who needs Venezuela’s oil? Basically, nobody. That cold fact, writes Ben Cahill in Barron’s, is enabling the Trump Administration to further squeeze dictator Nicolas Maduro by blockading the nation’s oil exports. For decades, other countries used oil as a weapon against the U.S. Today the tables are turned and, Cahill notes, Venezuela’s decrepit industry is the one crying out for reinvestment.
Yay Brexit!
Brendan O’Neill in Spiked enthuses that Brexit is superior to just about anything else in the world. “There should be street parties” on the 10th anniversary of the popular vote to withdraw from the EU, he writes. “Let the bells peal for that momentous day when in our millions we said No to globalism.” The continuing surfeit of saboteurs and naysayers among Britain’s “idiot elites”, O’Neill snorts, are gripped by Brexit Derangement Syndrome.
