The sad part about declaring it's about oil is that Venezuela's oil is complete and absolute garbage that is littered with heavies. They need to import naptha t

The sad part about declaring it's about oil is that Venezuela's oil is complete and absolute garbage that is littered with heavies. They need to import naptha to mix into the super-heavy crude in order to make it into a state pumpable through pipelines. To boot, the USA doesn't have a whole lot of heavy crude refining capability, as a huge chunk of our reserves is light oil, and as such the majority of our refineries (like the ones on the Gulf Coast) are set up for processing that type of crude. A fat chunk of the heavy crude processing capability for North America lies in Canada for their tar and oil sands. Reality - Roughly 2/3 - ~67% - of known hydrocarbon reserves are located in the North American continent. Venezuela is a modest ~17-18%. If anyone should be invaded for world oil security - it's us.