Political Wire

SubscribeSign in
  • Front Page
  • Trending
  • Polling
  • Trial Balloon
  • Books
  • Membership
    • Members FAQ
    • Exclusive Analysis
    • My Favorites
  • Sign In
Theme
Text size

Just dropped · Trial Balloon · Ep. 195

Shake Up

A new episode of Trial Balloon just dropped for Political Wire members. Log in or become a member

Trial Balloon · Ep. 195: Shake Up

Trump Says Oversight of Venezuela Could Last Years

January 8, 2026 · 6:02 am ET · Leave a Comment

President Trump said that he expected the United States would be running Venezuela and extracting oil from its huge reserves for years, and insisted that the interim government of the country — all former loyalists to the now-imprisoned Nicolás Maduro — is “giving us everything that we feel is necessary,” the New York Times reports.

Said Trump: “We will rebuild it in a very profitable way. We’re going to be using oil, and we’re going to be taking oil. We’re getting oil prices down, and we’re going to be giving money to Venezuela, which they desperately need.”

Wall Street Journal: Trump team works up sweeping plan to control Venezuelan oil for years to come.

Limited-time offer

Try Political Wire Free for 60 days

Members get Talking Points analysis, Trending News, the Polling Dashboard, the Trial Balloon podcast, new site features and no ads.

Start your free trial.


Foreign Affairs

← PreviousTrump Races to Come Up with Greenland Takeover PlanNext →U.S. Pulls Out of 66 International Organizations

Keep reading

Front page →

Political Wire is reader-supported. Join for ad-free reading, member posts and new features →

Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

More about Taegan Goddard →

?Political Trivia

  • The Way It Was
    Eight moments in political history. Put them on a timeline.
    Play →
  • Yea or Nay?
    Five senators. Three bills. Can you guess how they all voted?
    Play →
  • Split Decision
    Nine Justices. One case. How did they rule?
    Play →
  • Pollster
    Do you have your finger on the pulse of America?
    Play →
  • Daily Trivia
    Four questions a day.
    Play →

A new game every day.

Your Account

Members

For the full experience, sign in.

Become a Member

Read everything on Political Wire. No ads, Talking Points analysis, Trial Balloon podcast, new features and more.

  • Join Political Wire
  • Gift a Membership

Members Only

  • Weekly News Quiz
  • Schumer Has a Huge Advantage in Leadership Fight
  • The Three Forces Behind the Democratic Landslide
  • Bigger, Bluer Than Expected
  • Trump’s Successor Trap
  • Winning Elections Is Easier Than Governing

More members only posts →

Electoral Map Electoral Vote Map

222Democrat 97Toss-up 219Republican
270

Make your own map →

The starting map is built from how each state has voted compared with the country as a whole, not from how a state voted on its own. The last two presidential elections, with 2024 counting more than 2020. Then we…

Updated Nov. 4, 2026

?Political Trivia

  • The Way It Was →
  • Yea or Nay? →
  • Split Decision →
  • Pollster →
  • Daily Trivia →

Copyright © 2026 · Goddard Media LLC

Political Wire® is a registered trademark of Goddard Media LLC

Also from Goddard Media: Political Dictionary · Political Job Hunt · Electoral Vote Map

Privacy PolicyCorrections PolicyContact