Global Insights
Global Insights
Network 20/20
Crude Power: The U.S. Pivot to Oil and the Future Energy Mix
35 minutes Posted Mar 3, 2026 at 8:00 pm.
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Visit us at Network2020.org. The year 2026 kicked off with a massive shake-up in U.S. foreign and energy policy. Through bold action, the Trump administration is signaling its conviction that global power lies in controlling physical energy reserves, such as those in Venezuela, rather than adhering to international climate treaties. By planning to invest billions into fixing Venezuela’s oil infrastructure, the U.S. aims to flood the market with cheap crude oil and push prices down to $5...