Valuetainment - September 09, 2026


"This Is 3D Chess" – Trump’s Venezuela Oil Deal Could Cut China Off From Iran


Episode Stats


Length

15 minutes

Words per minute

190.35

Word count

2,989

Sentence count

208

Harmful content

Misogyny

2

sentences flagged

Toxicity

5

sentences flagged

Hate speech

14

sentences flagged


Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 So, your decaf oat milk, extra but not piping hot, four pumps of caramel, no sugar, small latte, and a large cup.
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00:00:16.540 Here's your decaf oat milk, extra but not piping hot.
00:00:19.120 Ah, thanks. Playtime's over.
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00:00:22.400 Feel the fun. PlayOjo.
00:00:24.960 19 plus Ontario only. Please play responsibly.
00:00:26.420 Concerned about your gambling or that of someone close to you?
00:00:27.560 Call 1-866-531-2600 or visit ConnectSOntario.ca.
00:00:30.000 Venezuela. At first, when we all woke up and you saw Maduro was taken and he's in D.C. with the pictures and everything, you're like, wait, that quickly they took over Maduro? They did.
00:00:43.620 Then you hear this deal and you sit there and say, well, this is a pretty ridiculous deal.
00:00:49.960 Trump hails biggest oil deal in world history with Venezuela.
00:00:55.760 Look, you got to give the man credit on this one and what he just did.
00:00:59.060 And I'll tell you why this is so important here in a minute, but let me read it to you.
00:01:04.100 President Trump said Friday that the U.S. struck a deal with Venezuela to take control of oil fields,
00:01:08.240 holding 65 billion barrels of reserve riding.
00:01:13.020 The United States of America has just entered into an agreement with the country of Venezuela
00:01:16.160 on the biggest oil deal in world history.
00:01:19.240 Not U.S. history, world history.
00:01:20.700 A source described the arrangement as a public-private partnership among the U.S. private companies and Venezuela.
00:01:26.960 Well, it's not a purchase. They're giving us equity.
00:01:29.980 A U.S. government source said adding the U.S. would get off, take oil, guarantee crude exchange at cost.
00:01:37.520 The Pentagon Office of Strategic Capital would oversee its secretary of state.
00:01:41.640 Marco Rubio, who negotiated the interim president, Delcy Rodriguez, called it a huge one, promising nearly $100 billion in private investments for Venezuela.
00:01:50.280 Rodriguez said the deal means $209 billion in additional tax revenue for her country.
00:01:55.340 Administration officials initially disagreed on whether it was finalized, but after Rodriguez's statement once said, it's going to happen, it's just a question of when.
00:02:04.200 And this led Chevron to invest $7 billion to double its Venezuelan output.
00:02:08.400 And at first, if you remember, the Chevron CEO was a little bit skeptical.
00:02:12.060 He said, no, we're going to invest $7 billion over five years to more than double its Venezuelan crude output.
00:02:18.340 The largest commitment yet by U.S.-led revival of the country's oil industry.
00:02:23.180 It won rights to develop the Carabobo 1 and Carabobo 2 South A fields in the Orinoco Belt besides the joint venture.
00:02:31.560 So this is, we're building very formidable position in what we consider to be some of the best geology in the country.
00:02:39.040 CO Mike Ward said, this is multiple billions of barrels of resource in place.
00:02:43.920 Chevron expected about 600 billion barrels a day by 2031.
00:02:48.720 That costs under $20 a barrel versus roughly 91 brands.
00:02:52.880 Tom, why is this such a big deal?
00:02:55.280 This is such a big deal because you know what Trump just did?
00:02:58.320 Trump just pulled a China on the rest of the world.
00:03:00.720 Everybody talks about China and says, hey, they don't think short term.
00:03:03.940 They think long term.
00:03:04.840 We've talked about this, Pat, right?
00:03:06.100 They think long term.
00:03:07.580 Trump just thought long term.
00:03:09.320 This is going to have an effect, but it's not going to have an effect on Tuesday.
00:03:12.960 What does Joe Biden do?
00:03:14.100 He rapes the Strategic Petroleum Reserve, throwing oil out on the market to get the price of gas down,
00:03:20.060 running in the 2024 election and it didn't work that is a short-term move that that hurts we still
00:03:27.080 haven't real fit we still haven't filled up the spr refilled it yet well guess what this is a
00:03:33.380 long-term play it's going to take as it says chevron is putting the money in but it's going
00:03:37.500 to take one or two years to start getting more of it out but what was hidden in here is they're
00:03:42.820 We're expecting 600,000 barrels a day by 2031, which is not that long coming, at $20 a barrel extraction cost, Pat.
00:03:52.020 $20 a barrel.
00:03:53.680 Wow.
00:03:54.100 Why? 0.92
00:03:54.560 Because they're going to build new mining and mining.
00:03:57.720 This is 93, Brent.
00:03:58.920 Tom, let me ask you a question.
00:03:59.900 How much of this has to do with, you know, Iran?
00:04:05.100 Let me explain what I mean by this.
00:04:06.680 You put these heavy sanctions on Iran.
00:04:09.200 Iran's economy is getting hurt tremendously.
00:04:12.820 Behind closed doors, they hit a couple of our ships, right, over the weekend, I think, in the last few days.
00:04:19.960 And what did Trump do?
00:04:21.440 Did you see what Trump posted yesterday?
00:04:22.860 Which video?
00:04:23.960 Did you see the video Trump posted yesterday of what would happen to Karg Island if we bombed Karg Island?
00:04:27.780 Was it yesterday?
00:04:28.420 Have you guys seen this video or no?
00:04:30.080 Can you post it?
00:04:30.780 Yeah, this is us getting hit, okay, at the Strait of Hormuz.
00:04:34.780 and but trump posted a video if you can go to the video of trump saying what would happen
00:04:40.580 if carg island was hit can you go to the clip of carg island clip that he just posted
00:04:45.700 yeah i mean so this is this is legit stuff of what they did but trump goes and says here's
00:04:51.380 just put carg island yeah there you go carg island he posted a video showing look at look
00:04:57.120 at these damages bye-bye card he just did this okay so showing we're about to attack you what
00:05:05.460 are you going to do and this video is a lot longer this is just one of the clips that he posted
00:05:08.880 there's another one as well if you go back you can find another one there's a couple of these
00:05:12.720 that they posted go back go lower a little bit go lower a little bit that's the one right there
00:05:17.300 he just posted a bunch of them vinnie okay he's been posting these the last week left and right
00:05:22.380 left and right. Do you think
00:05:24.460 a part of this, Tom, has
00:05:26.500 to do to call China and say, 1.00
00:05:28.280 China, I know the 8%
00:05:30.440 you rely of the oil you get from
00:05:32.500 Iran. We got you. I'm going 0.61
00:05:34.500 to score this away for you, and I'm going to get it
00:05:36.460 for you at a cost. So you're
00:05:38.480 going to save some money. Maybe we'll make a nickel on it.
00:05:40.540 Maybe we'll make $5, $10. Maybe
00:05:42.320 we'll sell it at $30 instead of
00:05:44.300 at $20.
00:05:46.280 Do you think a part of that is also being played
00:05:48.500 here or not at all? There's no correlation between
00:05:50.340 the two. I think it absolutely is.
00:05:52.380 This is this is 3D chess. The first thing is now long term, we've got more reserves coming in.
00:05:58.380 What also is happening here, people got to take a look at these numbers that are going to be going into infrastructure in Venezuela.
00:06:06.840 Two hundred nine billion dollars in tax revenue for the company to build water pumping that works 24 hours a day, maybe electrical power stations that work 24 hours a day, maybe.
00:06:16.480 And to rebuild what was once a very proud country.
00:06:20.080 And now I think that's first layer of chess. Second layer of chess, China needs oil. And if there is a permanent destabilization of Iran or Karg Island needs to be rebuilt over a couple of years, hint, hint what you're talking about, Pat, that hurts China.
00:06:36.220 And then you go to China, and I've always felt that the best way to pay off our national debt was to drill in Anwar and sell to China at below world market, but at a profit over extraction. 0.52
00:06:49.240 And now slowly pay off our debt and make China pay off our debt. 0.71
00:06:52.720 And China's part of the reason we have the debt here in terms of trade imbalance and things. 0.87
00:06:56.460 So I think there's 3D chess going on, and there is a big number going on with China.
00:07:01.240 If you put your foot on the hose on one side and become a major energy exporter on the other side, then you can balance your relationship a little bit more with China. 0.54
00:07:14.140 Everybody's going to get in the comments and say, no, no, no, China's going in the back door to do this.
00:07:18.380 Really? You can only go in the back door if there's still a backyard. 0.98
00:07:22.400 And if Karg Island is disrupted, then there may be a back door for China, but there's still a backyard full of oil. 0.76
00:07:29.080 Well, while you're saying there's no backdoor, Xi hasn't visited the Middle East since 2022, and he just visited Egypt. 0.64
00:07:35.580 He just got to Egypt.
00:07:37.000 So, yeah. 1.00
00:07:37.620 You don't think they're trying?
00:07:38.840 They're trying. 1.00
00:07:39.540 Well, in Egypt is different.
00:07:41.620 It could be a statement of saying, hey, we're not relying on the Gulf states because the Gulf states are all with Trump.
00:07:46.960 And he's kind of worried.
00:07:47.960 This is his way of maybe showing like, hey, Iran, I can't go to Iran.
00:07:51.700 If he goes to Iran, it's public saying I'm with Iran.
00:07:53.900 If he does that, there's no question about it. 0.90
00:07:55.620 But going to Egypt as a back channel to say, hey, we're still having some relationships with Iran of way of Shona. 0.73
00:08:02.980 But I do think there's something with this that has to do with China and Iran, because behind closed doors, if the U.S. is trying to destroy Iran's economy and put that kind of pressure on them, you have to make the phone call to China, make China right for them to be OK with it.
00:08:17.540 Because if you don't get that relationship right, you're kind of screwed, Adam.
00:08:20.600 Yeah. People say the term 3D chess with Trump. I use a different term, which is sequencing, which you always use. 0.98
00:08:29.160 Because if you play this out, what did Trump basically say that he's going to do day one that he got into office?
00:08:34.340 He's going to drill, baby, drill. So just follow the sequencing of what he did.
00:08:38.440 He basically declared a national emergency with our oil situation.
00:08:44.400 The Strategic Petroleum Reserve, which is based in the Gulf Coast of Texas and Louisiana.
00:08:50.600 So what did he do? He changed the Gulf of Mexico to the Gulf of America, symbolic and literal for our strategic oil reserve.
00:08:58.660 Then he basically said, Alaska, I'm going to have you start drilling up there over there, get into everything that's going to Alaska.
00:09:05.100 Then he implemented the Don Roe Doctrine. He said, before we do anything with Iran, let's focus on the Western Hemisphere.
00:09:12.660 All right, we're going to take down the Panama Canal, and before we do anything in Iran, we're going to go basically capture Maduro and take over Venezuela.
00:09:21.700 Who's been running Venezuela since the beginning of the year?
00:09:24.580 Well, it's the viceroy they call Marco Rubio, just another little costume that Marco Rubio can put on.
00:09:30.260 So then before they even went to Iran, they locked down our strategic petroleum reserve.
00:09:35.560 They basically produced more oil.
00:09:37.660 They controlled the supply.
00:09:39.020 They're pumping oil internally.
00:09:40.480 there and they said all right before we even go into iran let's make sure that we have everything
00:09:46.420 what do they say uh uh bury the hatchet or uh of all your ducks in order no when you when you
00:09:52.380 basically uh hold down the hatchet whatever they call about that he basically secured everything
00:09:57.980 in our hemisphere said before we go over to iran uh we're good to go so as much as we give trump 0.70
00:10:05.660 that we call we call him like an irrational actor some people basically say he's a crazy man
00:10:10.140 It seems as if it was all strategic sequencing from day one, from drill, baby, drill, all the way to Iran.
00:10:17.540 I'm at 65 billion barrels.
00:10:19.860 How long would that last us, Tom?
00:10:22.700 How long would that last?
00:10:23.580 Oh, my God.
00:10:24.760 Like, we're good.
00:10:25.820 No, yeah, because you have to think about it this way.
00:10:27.620 I believe our usage is 21 million barrels a day, I think is our usage.
00:10:32.540 And I think our self-creation, our drilling, is 14 million barrels a day.
00:10:37.060 So we have a net of six that we get from other places.
00:10:40.140 However, not all of that $14 million is usable here, so we actually sell it abroad.
00:10:45.240 And then we own the natural gas market.
00:10:47.980 We're providing 60% of natural gas to Europe.
00:10:50.940 And so now what you do when some of this comes in like this, good Lord, you know, you're talking about billions and billions.
00:10:57.600 I think this is big.
00:10:58.520 This is huge.
00:10:59.820 I think this is big.
00:11:00.420 And I hope there's an intention with Iran in mind because every day that goes by is one less day Iran has to deal with Trump.
00:11:12.740 Every day, if J.D. gets elected or AOC gets elected, Iran's free.
00:11:16.700 And so when you have this much pressure on Iran this long, everybody in the world realized dealing with Iran is a lot more complicated than you think.
00:11:24.700 It's not Venezuela. 0.99
00:11:25.640 They have their shit together. 1.00
00:11:27.000 They've been ready for this for a long time. 0.99
00:11:28.540 the chances of you creating this level of tension again could take a very very long time one of the
00:11:36.520 moments at the vault that was very very emotional was when we dedicated a section of the vault to
00:11:45.760 the late great charlie kirk it was so interesting how everybody almost everybody in the room got up
00:11:54.060 Many were in tears remembering this great man.
00:11:58.080 And as strange as this is, his one year is coming up just in a few days this week.
00:12:04.720 Just in a few days this week.
00:12:06.640 And we remember, all of us remember, I remember what happened when Kobe Bryant died.
00:12:11.740 I remember exactly where I was at, Seasons 52 in Dallas.
00:12:15.140 I'll never forget where I was at when Charlie Kirk was assassinated and killed.
00:12:19.600 We were at the vault conference.
00:12:20.900 Tony Robbins was on stage.
00:12:22.040 I got up and Tom prayed.
00:12:23.800 And today what we want to do is we are launching a limited edition hat
00:12:29.400 of Charlie Kirk, numbered out of 250,
00:12:33.820 and 100% of anything you buy of Charlie Kirk's merch that we have on our site
00:12:38.840 is going to go to a local Florida chapter of TPUSA
00:12:42.840 that young men and young women that are going out there working with kids,
00:12:47.060 we have to directly, this is not going directly to TPUSA,
00:12:50.040 it's not going directly, this money is going to be given to a local chapter
00:12:53.680 that are actually doing the good work, going to kids,
00:12:57.000 teaching them about solid principles, values and principles.
00:13:00.140 So with that being said, if you want to play this clip,
00:13:02.340 and then we'll get right into it.
00:13:03.600 Go for it.
00:13:05.140 Some voices don't just speak.
00:13:07.620 They make people stop and listen.
00:13:09.940 Only in America is it possible to say,
00:13:12.840 you know what, I don't like the way the country is going,
00:13:15.400 and to do something about it.
00:13:17.180 A movement around the idea that your voice matters,
00:13:20.440 your beliefs matter,
00:13:21.420 and standing for what you believe in matters.
00:13:24.700 Take that leap of faith, stay involved, trust God, and act obediently.
00:13:30.400 This is about remembering the message, carrying the conversation forward,
00:13:34.400 and never being afraid to speak your mind.
00:13:36.860 God will use all things, all things, for good for those who love Him.
00:13:41.260 A life remembered, a voice not forgotten.
00:13:44.500 You know what gives me strength?
00:13:46.660 The hundreds of thousands of you.
00:13:48.200 So, your decaf oat milk, extra but not piping hot, four pumps of caramel, no sugar, small latte, and a large cup.
00:13:54.120 That will be 10 minutes.
00:13:55.480 No worries. I'm having fun on Play Ojo.
00:13:58.700 And I keep it fun with all the latest slot and live casino games.
00:14:02.140 Plus, I get instant payouts with no minimum withdrawals.
00:14:05.020 Here's your decaf oat milk, extra but not piping hot.
00:14:07.600 Aha, thanks. Playtime's over.
00:14:09.780 Mmm, lovely.
00:14:10.860 Feel the fun. Play Ojo.
00:14:13.420 19 plus Ontario only. Please play responsibly.
00:14:14.800 Concerned about your gambling or that is someone close to you?
00:14:16.020 Call 1-866-531-2600 or visit ConnectsOntario.ca.
00:14:20.680 You just hear his voice.
00:14:22.120 I can listen to him for hours and hours and hours of Charlie.
00:14:26.100 Go to FLB.com.
00:14:27.520 If you go to FLB.com on the cover, if you type shop now right there,
00:14:30.520 if you can click shop now and you get this out, it's numbered out of 250.
00:14:34.500 100% of anything you buy with Live Free on there is going to be going to a local chapter.
00:14:39.500 So you're directly and indirectly supporting a local chapter to continue his great legacy.
00:14:45.620 Go to FOB.com.
00:14:46.940 The hats are limited, only 250 of them.
00:14:49.220 You know how this works.
00:14:50.740 Whether it's something that you buy and just keep in your collection forever
00:14:54.000 and for many years to come,
00:14:55.160 or it's something that you give to somebody who Charlie Kirk meant a lot to,
00:14:58.720 you are directly and indirectly supporting a local chapter.
00:15:02.540 If you enjoyed this video, you want to watch more videos like this, click here.
00:15:05.220 And if you want to watch the entire podcast, click here.
00:15:12.260 So your decaf oat milk, extra but not piping hot,
00:15:15.080 four pumps of caramel no sugar small latte and a large cup that will be 10 minutes no worries
00:15:19.820 i'm having fun on play ojo and i keep it fun with all the latest slot and live casino games
00:15:25.860 plus i get instant payouts with no minimum withdrawals here's your decaf oat milk extra
00:15:30.420 but not piping hot ah thanks playtime's over mmm lovely feel the fun play ojo 19 plus ontario only
00:15:38.080 please play responsibly concerned about your gambling or that is someone close to you call
00:15:40.020 1-866-531-2600 to visit ConnectsOntario.ca.