What does the Venezuela oil deal really mean.
1. Trump was right all along, and even Newsweek is saying so
2. This will put further pressure on Canada, Iran and China as the US further increases its DOMINATION of the world wide oil market.
3. Oil and derivatives like gasoline, diesel, plastics, jet fuel, won't be coming down next week, as it will take time to get the oil out of the ground. But it does put a huge ceiling over the market, and will eventually have a massive impact.
4. The people of Venezuela are huge winners with a massive infrastructure build, 1000's of permanent jobs, and massive payments to the government.