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President Trump Holds a Press Conference Following Capture of Venezuela’s Nicolas Maduro – 11:00am Livestream

Tevin McLeod - January 3, 2026



A central motivation for the intervention appears to be Venezuela’s oil, which holds the world’s largest proven reserves. President Trump has promised to bring in major U.S. oil companies to invest “billions of dollars” to rebuild the country’s dilapidated oil infrastructure. However, experts caution that restoring production to significant levels could take 5 or more years and cost tens of billions of dollars.
This massive investment requirement underscores the long-term commitment the U.S. may be drawn into, turning a quick military victory into a decades-long nation-building project. The need to secure oil fields and maintain order for American companies could necessitate a large, permanent military presence, further deepening the entanglement.
While the immediate military phase appears concluded, the long-term U.S. presence remains uncertain. President Trump stated that the United States will “run” Venezuela until a “safe, proper, and judicious transition” occurs, though he provided no timeline. When asked about sustained troop deployment, Trump responded, “We’re not afraid of boots on the ground,” signaling openness to a prolonged military role.



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