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Stock impact report

Everything the Trump administration is doing in Venezuela involves oil and regime change—even if the White House won't admit it [Fortune]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Fortune
It's also a broader sign of the increasing involvement of the U.S. in South America's petroleum politics. Recommended Video The U.S. paces the world in oil and gas production, but President Trump's new national security strategy—the so-called “Trump corollary”—emphasizes greater U.S. control of the Western Hemisphere, including much more influence over South America, which increasingly leads the globe in new oil output growth. Almost everything the Trump administration is doing in South America—from pressuring Venezuela to a $20 billion Argentina bailout to defending Guyana's territorial waters—is at least related to the black gold that is crude oil. While the White House emphasizes national security concerns over drug trafficking and immigration as it bombs boats and kills more than 80 people thus far in repeated, legally questionable actions, Venezuela is home to the world's largest proven oil reserves. Regime change and new laws opening Venezuelan oil to more U.S. and foreign Show less Read more
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