"Over the past couple of weeks oilspecifically, Venezuelan oilhas been all over the headlines. It started late on January 2, when President Donald Trump ordered U.S. military forces to enter Venezuela and capture the country's president, Nicolas Maduro, which they did early the next morning. Last week the country's interior minister said the action killed 100 people. On supporting science journalism If you're enjoying this article, consider supporting our award-winning journalism by subscribing."
"In the intervening weeks President Trump has made clear that at least part of his motivation for the operation was the nation's oil fields, which are home to an estimated 303 billion barrels of oil reserves, more oil than Saudi Arabia or any other country in the world. To dig into the situation we spoke with Amy Westervelt, a climate reporter and executive editor of the multimedia climate reporting project Drilled."
"Westervelt: Actually, Guyana is what got me [Laughs] interested in it. So I got this press release from Exxon[Mobil] in, I wanna say, 2020 that said that Guyana was going to be their most productive basin within the next five to 10 years, that it would outpace even the Permian Basin in Texas. And I thought, How did they go that big that fast? And then shortly after that I got some press releases from an attorney that had filed various cases in Guyana trying to sto"
President Donald Trump ordered U.S. military forces into Venezuela on January 2 to capture President Nicolás Maduro; officials reported the operation resulted in about 100 deaths. The action drew attention because Venezuela's oil fields hold an estimated 303 billion barrels of reserves, more than Saudi Arabia. Examination followed into why Venezuela has such substantial oil, the history of its oil industry, and the climate consequences of ongoing fossil fuel extraction. ExxonMobil's announcement that Guyana would become a highly productive basin prompted scrutiny of rapid oil development and related legal actions in Guyana.
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