MARIA" BEGINS RIGHT NOW.
AND GOOD MONDAY MORNING,
EVERYBODY.
THANKS VERY MUCH FOR BEING HERE.
I’M MARIA BARTIROMO.
IT IS MONDAY, NOVEMBER 28th.
IT IS 7:01 ON THE EAST COAST.
A CONTROVERSIAL DECISION SENDS
SHOCK WAVES INTO THE ENERGY
SPACE, THE BIDEN ADMINISTRATION
IS ALLOWING CHEVRON TO DRILL IN
VENEZUELA.
THE NEW PERMIT AND LICENSE TO
PUMP OIL IN THE COUNTRY GIVEN
DESPITE YEARS OF HUMAN RIGHTS VIOLATIONS BY THE SOCIALIST
VIOLATIONS BY THE SOCIALIST
REGIME OF SWENS VENEZUELA.
ANNAN OP-ED PUTTING IT THIS WAY, THE U.S. GOVERNMENT THINKS
THE U.S. GOVERNMENT THINKS
YOU’RE A FOOL, IT EXPECTS YOU TO
BELIEVE THAT VENEZUELA IS
CONSIDERING A RETURN TO FREE
ELECTION IN EXCHANGE.
JOINING THE CONVERSATION ALL
MORNING LONG IS DAGEN McDOWELL
AND LIZ PEEK.
DAGEN, IT’S A GREAT OP-ED ON
THIS, THE DIRTY DEAL.
YOUR THOUGHTS?
DAGEN: YES.
WRITTEN BY THE ALWAYS AMAZING
MARY O’GRADY.
SHE POINTS OUT THE CONFLICT
WITH, SAY, WITH WHAT THEY’RE
DOING WITH VENEZUELA AND WHAT
THEY’RE ALSO DOING WITH GUAYANA,
A RARE U.S. ALLY IN THE REGION
AND THE U.S. HAS VETOED A LOAN
TO IMPEDE THE DEVELOPMENT OF
HUGE RESERVES OF LIGHT SWEET
CRUDE COMING OUT OF THAT NATION.
SO IT DOESN’T MAKE ANY SENSE,
THIS ALL AT THE SAME TIME WHERE
THE U.S. IS GETTING ON BOARD
WITH THIS AGREEMENT TO PAY REP
REPARATIONS FOR DAMAGE THAT YOU
CAN’T CALCULATE RELATED TO CRY
NATCLIMATE CHANGE TO POORER
NATIONS.
WE VETO A LOAN RELATED TO GUYAN
A A BUT CHINA IS AYOU DRESS AGGR
SIGNING CONTRACTS TO BUILD
INFRASTRUCTURE AND GETTING IN ON
THE OIL BOOM.
AS MARY O’GRADY WRITES, THE U.S.
IS TURNING TO RENOWNED POLLUTER
VENEZUELA TO INCREASE OIL
SUPPLIES BUT NOT HELP GUYANA,
SHE WRITES.
MARIA: REUTERS SAYS VENEZUELA
HAS HE BEGUN IMPORTING HEAVY
CRUDE.
DOCUMENTS FROM THE STATE RUN OIL
COMPANY SHOWS A DEAL THAT WIDENS
A SWAP AGREEMENT SIGNED LAST
YEAR BY THE U.S. SANCTIONED
COUNTRY.
SO THEY’RE IMPORTING FROM IRAN,
OBVIOUSLY PARTNERS WITH IRAN AND
A NOW WE’RE ALLOWING CHEVRON TO
GO IN THERE TO HELP THE OIL
CRISIS IN AMERICA.
LIZ: MY GUESS IS, MARIA, WE ARE
ENCOURAGING CHEVRON TO GO IN
THERE BECAUSE WE NEED MORE OIL
BEING PRODUCED IN THE WORLD AND
VENEZUELA HAS A LOT OF OIL.
THE STUPIDITY OF THIS IS
COMPLETELY MIND-BLOWING.
VENEZUELA IS PRODUCING HEAVY OIL
OF, DIRTY OIL, KIND OF LIKE THE
TAR SANDS THAT NO AMERICANS SEEM
TO WANT TO BRING INTO AMERICA
VIA THE KEYSTONE PIPELINE,
CERTAINLY NO ONE IN BIDEN’S
ADMINISTRATION AND SO NONE OF
THIS MAKES SENSE.
BY THE WAY, THE REASON WE DID
NOT EXTEND A LOAN TO GUYANA IS
BECAUSE OF A TREASURY GUIDANCE
GIVEN BY THE BIDEN
ADMINISTRATION IN 2021 THAT
BASICALLY FORBIDDING LOANS TO
ANY KIND OF HYDROCARBON
PRODUCTION, OIL AND GAS
PRODUCTION ANYWHERE IN THE
WORLD.
I DON’T THINK AMERICANS
UNDERSTAND HOW PROFOUND THE
ANTI-A FOSSIL FUEL REGIMENT IS
IN BIDEN’S WHITE HOUSE BUT THIS
CRIPPLED NOT ONLY DOMESTIC OIL
AND GAS PRODUCTION BUT OIL AND
GAS PRODUCTION AS DAGEN POINTED
OUT AMONGST OUR ALLIES.
WHAT COULD POSSIBLY BE MORE
FOOLISH THAN TURNING TO A REGIME
THAT HAS KILLED AND TORTURED
DISSIDENTS, THAT HAS BASICALLY
BEEN AN ANTI-AMERICAN REGIME,
NOT ALLOWING FREE ELECTIONS, THE
IDEA.
WE SENT OFFICIALS THERE TO
ENCOURAGE THEM TO TAKE BABY
STEPS TOWARDS LOOKING LIKE A
DEMOCRACY SO THAT WE COULD
BASICALLY GO IN THERE AND GET
MORE OIL.
IT IS SO OFFENSIVE AND THE
JOURNAL’S RIGHT.
ONLY BIDEN WOULD DO THIS AND
ONLY COVER -- UNDER COVER OF
THANKSGIVING.
MARIA: YEAH.