America First Hits Venezuela—And Canada Pays the Price | E.J. Antoni

The Daily Signal

Government, Daily News, News, Politics

4.6 • 1.2K Ratings

🗓️ 11 January 2026

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

In war, dependable access to oil is as important as dependable access to kinetic arms. Access to ample reliable flows of oil represents a key strategic interest to the United States. Western Canada sends over 4 million barrels a day of heavy crude to American refiners. But now with access to the massive flows of Venezuelan crude following the Trump-led ousting of Nicolas Maduro last week, the U.S. may soon no longer need to rely on Canada for this vital strategic resource. For months, Canada used its vast reserve of natural resources as leverage in its tariff negotiations with the U.S. Not anymore. “If the Monroe Doctrine warned Europeans to stay out of the Western Hemisphere and the Roosevelt Corollary established American intervention therein, then the ‘Trump Corollary’ has put a finer, and more economic point on the matter that’s best summed up in two words: America first,” argues Chief Heritage Foundation Economist E.J. Antoni for The Daily Signal on this special video commentary. Keep Up With The Daily Signal Sign up for our email newsletters:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.dailysignal.com/email⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to our other shows: Victor Davis Hanson: In His Own Words: https://megaphone.link/THEDAILYSIGNAL9753340027 The Tony Kinnett Cast: https://megaphone.link/THEDAILYSIGNAL2284199939 The Signal Sitdown: https://megaphone.link/THEDAILYSIGNAL2026390376 Problematic Women:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://megaphone.link/THEDAILYSIGNAL7765680741 Follow The Daily Signal: X:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://x.com/intent/user?screen_name=DailySignal Instagram:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.instagram.com/thedailysignal/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Facebook:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.facebook.com/TheDailySignalNews/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Truth Social:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://truthsocial.com/@DailySignal⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ YouTube:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.youtube.com/dailysignal?sub_confirmation=1 Subscribe on your favorite podcast platform and never miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Why do growing businesses love working in Slack?
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0:20.2	If we did have Slack tomorrow,
0:22.2	I would explode. Well, let's not let that happen. Visit Slack.com slash podcast to get 50%
0:27.7	of Slack Business Plus. I'd like to talk today about the recent events in Venezuela,
0:33.3	specifically from an economic point of view and who are the real winners and losers, the U.S.
0:39.5	for a change, is firmly in the driver's seat and master of its own destiny and hemisphere.
0:46.8	The economic story here also goes well beyond oil, too, although that's what has gotten
0:52.2	most of the attention.
0:53.3	Venezuela is a veritable gold mine of other natural resources like rare earth minerals,
0:59.0	lumber, bauxite, the primary source of aluminum, natural gas, and more.
1:03.0	But the biggest loser of all isn't China or Russia, it's Canada.
1:08.0	After last weekend's events, not only is Canada losing its biggest crude
1:12.2	customer, but it's also losing its only real leverage in trade talks with the United States. Hi, I'm E.J. Antony for The Daily Signal. I'd like to talk today about the recent events in Venezuela,
	...

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